API Business Operations covers all aspects of creating business value through APIs. The most obvious is that it allows you to create revenue by monetizing your APIs externally. However, there are also many indirect ways of creating business value. For example, external developers might consume your APIs and build extensions that create new value for your business or extend the reach of your product. Or you could speed up the efficiency or the time to market of your projects by finding and using relevant 3rd party APIs.
In order for all that to work, the technical aspects of APIs must be integrated into the business world. Customer or partner onboarding, approval processes, sales and support tools and all data for internal accounting must be available and incorporated in the daily work of all stakeholders.