API monetization: a quick how-to guide

Posted by Ruben van der Zwan on 24 Apr, 2018

You might not realize it, but data is valuable. How valuable you might ask? That’s a good question. In this blog, I'll tell you how you can turn information you already have into something of value. I believe that value is determined by others. In other words: value is the price that a user will pay for it. This does not mean that you should leave the price to what a user wants to pay for it, but rather define a reasonable price. I will not further discuss pricing (a topic worth a whole series of blogs) but rather focus on how to set up API Monetization from a business perspective.

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Topics: APIs, API Management

Your customers don’t like Pay what you Own either- so stop it

Posted by Ruben van der Zwan on 27 Mar, 2018

I don’t like the “Pay what you Own” construction used by many software vendors. And as I don’t like it, my customers probably don’t either. Like I explained in last week’s blog, paying for what you own locks people in both technologically and financially, and takes away every opportunity to move forward. The solution lies in switching to a vendor that lets you pay for actual usage, AKA the “Pay what you Use” model. Now let’s say you’re one of those people that made it to the other side, and started working according to this new and fairer principle. How can you expand the Pay what you Use model to your own customers and make them as happy as you are? I’ll tell you below.

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Topics: APIs, API Management, API Strategy

API Security by Design

Posted by Hans Bot on 1 Mar, 2018
One of the key functions of an extended API Management platform, is to increase the API security. In my previous post , I already discussed the Policy Management features WSO2 API Manager brings. And that’s at least a decent start to secure your API’s. Through policies you can enforce controlled access to application functions - without having to rely on a secure implementation. You can also enforce policies to prevent a message overload, potentially threatening the availability of your services. 
 
But there is more to application security than run-time policies alone can bring. This blog discusses the potential to design inherently secure API’s.
 
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Topics: WSO2 API, APIs, API Management

Rider experience takes center stage

Posted by Ruben van der Zwan on 13 Feb, 2018

It’s interesting to see the shift industries make towards customer centric design. Every aspect of a user’s digital journey is being examined and optimized to provide the best possible experience. This movement has completely changed retail, the energy sector, banking and interestingly enough: transit. Suddenly, IT is more than a backbone enabling internal data exchange on bus schedules and paychecks: it’s become the ultimate way to add value for travelers. This phenomenon is called rider experience, and it’s taking transit to a whole new level. What has boosted this development and how can players in and outside the transit sector learn from it? I’ll tell you in this blog.

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Topics: API, APIs, Smart Transit

Why should you make room for APIs in your PSD2 strategy?

Posted by Ruben van der Zwan on 23 Jan, 2018

A while ago, I wrote about the three rules of developing a PSD2 strategy. Right after rule number 1 (“don’t pout”) and number 2 (“decide on your role”) I mentioned the API. That’s where I left you, as I felt it was better to wait with technical details until you had thought about your own situation and the way you’d prepare for all the changes. But in this blog, let’s dive a little deeper. What is the role of Application Programming Interfaces in your PSD2 story? And even more important: why are they a crucial part of becoming a modern bank? 

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Topics: API, APIs, PSD2