Whether you're selling subscriptions to your APIs or deploying them internally, how do you calculate their worth? This infographic shows you how. Since their debut 15 years ago, application programming interfaces (APIs) have grown into one of the foundational building blocks of modern application development. Now that we live in a world of microservices, how do you value the APIs that you’re putting out there, whether it’s the price of an external service or the worth of an internal one? As much as people are willing to pay for it, writes Bob Reselman of SmartBear, a specialist in software quality tools. “The basic laws of valuation don’t go away just because we’re living in a world of microservices, PaaS and big data on demand,” he writes. “It doesn’t matter if you are giving your API away, any more than it applies for trying to get rid of a litter of “free” puppies. If the user is not willing to make the investment of time, attention and support costs, then your API is not worth much.” But there are examples of extremely valuable APIs out there, he notes, and one of the keys is doing for your users what they can’t — or would find extremely difficult — to do for themselves. Check out this handy infographic SmartBear has put together to help you determine the value of your APIs. (Click for larger image.) Related content brandpost Sponsored by Freshworks When your AI chatbots mess up AI ‘hallucinations’ present significant business risks, but new types of guardrails can keep them from doing serious damage By Paul Gillin Dec 08, 2023 4 mins Generative AI brandpost Sponsored by Dell New research: How IT leaders drive business benefits by accelerating device refresh strategies Security leaders have particular concerns that older devices are more vulnerable to increasingly sophisticated cyber attacks. By Laura McEwan Dec 08, 2023 3 mins Infrastructure Management case study Toyota transforms IT service desk with gen AI To help promote insourcing and quality control, Toyota Motor North America is leveraging generative AI for HR and IT service desk requests. By Thor Olavsrud Dec 08, 2023 7 mins Employee Experience Generative AI ICT Partners feature CSM certification: Costs, requirements, and all you need to know The Certified ScrumMaster (CSM) certification sets the standard for establishing Scrum theory, developing practical applications and rules, and leading teams and stakeholders through the development process. By Moira Alexander Dec 08, 2023 8 mins Certifications IT Skills Project Management Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe