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API
David Liu edited this page Nov 16, 2023
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including an predictive analytics runtime and core runtime
- provision time: 45 minutes
- Subscript to API product
- Topup balance into wallet
Using rate plans, API product owners can monetize their API products by the following configurable items:
- Billing account model
- Currency used for billing
- Initial setup fees for using an API product
- Consumption-based charges for using an API product
- Any recurring fees not based on consumption, such as monthly fees for access to your API product
- Time interval during which the rate plan is in effect for an API product (rate plan activation and expiration times)
- Revenue sharing with developer partners
Immutable configurable items
- Frequency at which customers are billed (monthly only)
It helps your API team improve their APIs and helps app developers improve their apps
Usecases: Analytics help you answer common questions
- How is my API traffic trending over time?
- Which API methods are most popular?
- Who are my top developers?
- When is API response time fastest? Slowest?
- Geographically, where do I see the most API traffic?
- How much revenue did your transactions generate? Personel benefits
- API Team - The API team is tapping into internal systems to create interesting APIs. The API team wants to know how the API program is doing overall, how individual APIs are doing, and how to improve their APIs.
- App Developers - By sharing analytics information with app developers, you get better apps. These developers are innovating with your API and building creative apps that help drive revenue to your enterprise. Analytics help app developers know how their apps are doing and how much they are contributing to the bottom line of your enterprise. App developers want to know how they can improve their apps.
- Ops Team - The operations team wants to understand traffic patterns and anticipate when to add backend resources or make other critical adjustments.
- Business Owner - The business owner wants to see how their API investment is paying off and where to invest API dollars in the future.