APIs offer plenty of opportunities for direct revenue generation. With that said, the APIs-as-products philosophy can have us looking to monetize at every step, ignoring the many indirect benefits of an API-first architecture. Today, we’re hoping to curb that mentality by diving deep into five indirect benefits of building APIs, aside from straight revenue! Read more
Posts Tagged: business
Open banking is an initiative that allows third-party financial services companies to access users’ banking data through the use of APIs. The primary goal of open banking is to put power back into the hands of customers, enabling them to securely use third-party financial products and services that rely on banking data or functionality. Read more
If you work at an established enterprise, chances are you’ve already heard of Key Performance Indicators or KPIs. These objective metrics offer stakeholders an effective way to measure the success of business initiatives, and now they’re working their way into the world of APIs. Read more
Partner programs are hotter than ever in the tech space. By collaborating with third-party service providers, development houses, and individual app developers, you can build powerful, mutually beneficial relationships. Whether you’re looking to develop new revenue streams or increase the value provided by your core offering, a partner program is seriously worth considering. Read more
Real-time data for business is powerful. It lets you stay ahead of the curve, acting on insights as they occur. It gives business owners a competitive advantage, which can mean the difference between turning a profit or reporting a loss.
Take the impact of real-time data in the telecommunications industry, for example. Read more