What is API Monetization? Exploring API Revenue Streams

APIs enable our digital world. But they can also be a powerful source of revenue through the process of API monetization or API productization. A decade ago, many business workflows were conducted through manual tasks, logging into monolithic SaaS applications that were rolled out across entire…
The Economic Impact of APIs: API Monetization, AI, Web3, and Beyond

Whether ordering groceries online, checking your bank balance, or tracking a delivery, APIs are behind the scenes making it all possible. They're the backbone of the digital experiences that drive our interconnected global economy. You may know that. But beyond the convenient (and sometimes…
Creating an API Monetization Stack

API monetization is currently a trending topic for many organizations looking to beef up their revenue. Of course, monetizing APIs isn't the easiest of tasks and requires quite a few moving parts. When it comes to monetization, you're going to need an entire technology stack to handle the heavy…
What is API Economy?

Today's digital economy is shifting toward dependence on microservices — self-contained and reusable software components — working in coordination to compose the applications we use. Communication between microservices happens through the API (or application programming interface) . Using APIs…
6 Best Practices for Productizing APIs

Web APIs are an integral piece of the development landscape today. According to a 2021 survey , top industries such as Digital Banking , Retail, and Financial services have experienced significant year-on-year API traffic growth with 70%, 51% and 50% increases since February 2021, respectively. The…
API monetization: Technical best practices

Jason Cumberland , CPO and co-founder of API and data monetization platform HyperCurrent , contributed to this post. In our last article on how to get started with API monetization , we laid out how to build your API monetization strategy and avoid common pitfalls that occur when trying to get to…
API monetization: How to get started

One of the most common questions we're asked by prospective customers is "what's the right way to get started with API monetization?" In this article, we'll do our best to lay out what we've seen work most frequently — and call out a few common pitfalls as well. What we can say with certainty…