Much of the modern business world runs on APIs. As a result of this, APIs are now valuable assets in a business environment, causing a lot of thought for API practitioners. Chief of these concerns is the exact methodology and process of monetization. Read more
Posts Tagged: freemium
APIs are capable of bringing in millions of dollars of revenue. They expand a user-base, offer a wider go-to-market strategy, add new streams of revenue, and can be responsible in increasing product stickiness and user adoption. They can also burn bridges with developers, soak up precious development resources, and if not properly secured, offer threats to application security. Read more
Guest Post by RapidAPI with benchmark data on 1,800 APIs
There’s big money in the API economy. Last year alone, $500 million was invested into API-driven companies. But the rise of this new economy begs some key pricing questions. Read more
If an API is implemented correctly, the number of users utilizing a service can be staggering. Millions of users and devices connect to the internet every day, utilizing APIs to perform calculations, convert media, and even help cure cancer.
The API developer’s dream come true, however, can also be a nightmare. Read more
A top concern for treating your API as a product is creating a profitable business model. However, on the face of it, immediately charging people to use an API might seem like a strange thing to do, as adding a barrier to entry isn’t always desirable for Software-as-a-Service (SaaS). Read more