The line between what constitutes a software-as-a-service (SaaS) application and a platform-as-a-service (PaaS) environment has always been relatively thin. SaaS applications that expose an API to third-party developers can quickly transform into a development platform.
We bring you a review of the news we could cover with today's look at what is going on in the API economy. Included in this roundup is a story about MasterCard releasing several new APIs on their payments platform and Amazon's update of CloudTrail and what it means for users of the CloudWatch API.
A year ago we asked who belongs to the API billionaires club and listed several APIs that can count their API requests in the billions. Now there are many more API billionaires serving billions of requests every month. There is also a class of eight companies that are serving in the billions every single day, as shown in ProgrammableWeb Founder John Musser's talk today at Glue.