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Designing API-First Enterprise Architectures on Azure

You're reading from   Designing API-First Enterprise Architectures on Azure A guide for architects and developers to expedite digital transformation with API-led architectures

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Product type Paperback
Published in Aug 2021
Publisher Packt
ISBN-13 9781801813914
Length 290 pages
Edition 1st Edition
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Author (1):
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Subhajit Chatterjee Subhajit Chatterjee
Author Profile Icon Subhajit Chatterjee
Subhajit Chatterjee
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Table of Contents (14) Chapters Close

Preface 1. Section 1: API-Led Architecture in the Digital Economy
2. Chapter 1: Evolution of Enterprise Solution Architectures FREE CHAPTER 3. Chapter 2: APIs as Digital Connectors 4. Section 2: Build Reliable API-Centric Solutions
5. Chapter 3: Architecture Principles and API Styles 6. Chapter 4: Assuring the Quality of the API Service (or Product) 7. Chapter 5: RESTful APIs – the New Web 8. Chapter 6: API Design Practices 9. Chapter 7: Accelerating through DevOps Essentials 10. Section 3: Deliver Business Value for a Modern Enterprise
11. Chapter 8: API-Centric Enterprise Integrations 12. Chapter 9: APIs as a Monetized Product 13. Other Books You May Enjoy

API monetization models

There are various options when it comes to monetizing your APIs. Enterprises may choose one or more options, depending on their business strategy.

The most widely used monetization options are depicted in the following image:

Figure 9.2 – API monetization models

Let's review each option in more detail.

Free

One of the most common ways to get developers to start using your APIs is to offer a free tier. There are zero charges to be paid by the consumers while using your APIs. This model is suitable when the API made available is a low-value asset or a shared service, and you can rely on other mechanisms to generate revenue.

For example, application developers can integrate with identity providers such as Microsoft, Facebook, or Google to implement OAuth-based authentication within their apps for free. While these APIs are free to use, the providers can attract many users to register with their platform. This gives...

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