More enterprises are paying attention to the business-building potential of open APIs, and it’s not hard to figure out why. When companies like Expedia tell ReadWriteWeb that APIs (check out the Expedia API) contribute about 90 percent of its $2 billion a year, you can bet CFOs and CEOs will take notice.
Online invoicing and time tracking service FreshBooks has a revolutionary new feature for developers using its FreshBooks API: an opportunity to make money through the company's current customer base. Through the program, developers can charge users a monthly fee, which is tacked on to what subscribers are already paying FreshBooks. The solution, another revenue stream for FreshBooks and a rare one for developers, marks a potential new approach for software-as-a-service (SaaS) companies and one FreshBooks thinks has a bright future.