APIs securely expose digital assets and services that are of real value to end users and partners. Since they provide value to end users, it makes more sense to monetize the services and the APIs and build a business model for them. Having the right monetization model for APIs helps businesses reap the benefits of their investment in APIs. In this chapter, we look at the various API monetization models and how an API management platform can monetize APIs and open the doors to new revenue opportunities.
Which Digital Assets Can Be Monetized?
APIs share your data and services with front-end applications in an easy and ...