Taking a Look at the Different Types of API Business Models

Taking a Look at the Different Types of API Business Models

Author: Visualmodo

Date: August 20, 2020 

Category: Theme development, Webdesign

Now that our digital economy is largely API-driven, many have come to recognize APIs as important business assets. But one thing that’s probably not clear to the average user is how APIs make money. What are the different strategies that businesses use in order to profit off of APIs? Who pays for API services, and at what rate? Knowing the answers to these questions is important if your company wants to earn off of APIs. The great design work done on an API, like on a hosted toolset like Stoplight, will count for more if the API is monetized

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Taking a Look at the Different Types of API Business Models

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