Which component consolidates multiple microservices into a composite API and caches reusable API responses?

The correct answer is Integration Procedures. This component is specifically designed to aggregate multiple microservices into a single, unified API endpoint. By consolidating various data sources and microservices, Integration Procedures simplify the client's interaction with backend systems, streamlining processes and enhancing performance.

A key feature of Integration Procedures is the ability to cache reusable API responses. This caching mechanism not only improves the efficiency of API calls by reducing the load on backend systems but also speeds up response times for users. Instances where the same data is requested multiple times benefit significantly from this caching strategy, leading to faster application performance overall.

In contrast, while OmniStudio is a comprehensive tool for building user interfaces and experiences, it does not inherently perform the API aggregation and caching functions. Data Raptors, on the other hand, are designed primarily for data transformation processes—focusing on manipulating and preparing data rather than integrating multiple services into a single API. Service Innovations may involve various improvements and upgrades to existing services but does not define the structured API management and optimization capabilities that Integration Procedures provide.

Therefore, Integration Procedures stand out as the ideal choice for consolidating microservices into a composite API while leveraging caching techniques for optimal performance.