It’s no secret that the API business is big business. Over $500m was pumped into API-driven firms just last year and that number is only likely to rise. But how do companies make money from an API and how should you price API usage to get the best return?
API Strategy Articles
The following is a list of ProgrammableWeb articles that matched your search term. On an nearly 24/7 basis, ProgrammableWeb publishes new articles ranging from news to opinion to tutorials for both developers and API providers. All of our articles are categorized in such a way that you can find your way to related articles, APIs, SDKs, Libraries, Frameworks, Tutorials and Sample Source Code. If you have an interest in contributing any of the aforementioned content to ProgrammableWeb, be sure to read our guidelines for such contributions.
For a profession that stresses the importance of naming things well, we've done ourselves a disservice with microservices. The poor naming has led to misconceptions and misapplication of microservices by those hopping on the bandwagon, many times without deep understanding of its concepts.
Deciding what metrics matter depends on the overall strategy goals and business model that aligns with your APIs. This is why defining the business model was one of the first steps in your decision series. Now we need to make sure our evaluation framework matches back up to what we set out to do.
Our series on getting the most ROI out of your API has looked at the business and technical decisions to make when building your API strategy. We've also made decisions around how to engage with developers and build a developer community. A key aspect to this involves creating a developer portal.
Now that your API has been published and external developers are beginning to consume it, our focus shifts again towards a balance between business and technical issues. In this part of the series we take a look at how a business can leverage the technical API to grow a developer community?
Congratulations, your API is now production ready. Next you will need to provide documentation to consumers so they can integrate the data and services you have exposed via API quickly. This part covers API documentation including the role of API specs and a number of available tools.
At this point in your API journey, you have made a number of business decisions and a couple of technical ones. Now, several crucial decisions need to be made around security. Securing an API is an often neglected task, yet doing so is at the heart of an effective API strategy.
With business decisions in place for your API strategy, we've moved on to some more technical issues, such as the reference and API architectures, and the choice of API specification formats. Now in this part, let's take a look at the range of API lifecycle tooling available.
The first few decisions around building an API strategy centered on the business components. With those in place, building the API is now possible. The API strategy moves to becoming more of a technical concern for several steps as you resolve API design, security, and API Ops.
As you go through the decisions involved in setting up the business side of managing an API, it becomes clear that you will need to treat the API as a product in order for it to succeed. But what does that mean and how do you do that? This part takes you through the things you need to consider.