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!!! Overview
[{$pagename}] are the same [Auditing Monitoring Metrics Logging] processes applied to [APIs]
Probably can be used to:
* develop new processes
* create a fundamental understanding of the product and targeted consumer
* drive a holistic understanding of your process and methodology of delivery
* create opportunity to monetize and optimize your [API].
Using [{$pagename}] can bring you to a bird’s-eye view of an entire API process, following the age old saying — “you can’t see the forest from the trees.”[1]
[{$pagename}] are closely related to [Application Metrics]
[{$pagename}] is about measuring the usage of [APIs] and execution of the revenue cycle.
!! [Consumer] [APIs]
The [monitoring] and [metrics] requirements for consumer [APIs] tend to focus on usage statistics, to help business users understand the levels of service adoption and provide [feedback] for experimentation. Services delivered by most consumer [APIs] are free, so billing is usually not a significant requirement. Since consumer [APIs] often do not transmit sensitive data, the typical [auditing] requirement is minimal or non-existent.
!! [Enterprise] [APIs]
[Enterprise] [APIs] usually have much more stringent [Auditing Monitoring Metrics Logging] requirements. In addition to usage statistics for business [Metric Analysis], enterprise [APIs] require rigorous and accurate [logging] to meet [compliance] requirements and to provide evidential [Auditing] trails.
Real-time [monitoring] and [alerting] on service levels are often implemented to uphold [SLA] and avoid any penalties. Finally, detailed usage [logging] and service level measurements need to be delivered to billing systems to complete the revenue recognition cycle. Often requires not only integration with billing systems, but also with partner management systems.
!! More Information
There might be more information for this subject on one of the following:
[{ReferringPagesPlugin before='*' after='\n' }]
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* [#1] - [The Importance of API Metrics|http://nordicapis.com/success-vs-failure-the-importance-of-api-metrics//|target='_blank'] - based on information obtained 2016-07-01