API monetization is currently a trending topic for many organizations looking to beef up their revenue. Of course, monetizing APIs isn’t the easiest of tasks and requires quite a few moving parts. When it comes to monetization, you’re going to need an entire technology stack to handle the heavy lifting. Creating a stack that allows you to build a product and get to market rapidly is great.
Enterprises are investing in data mesh initiatives to accelerate how decisions are made and to create novel experiences based on machine learning models. Similarly, enterprises are investing in API platform initiatives to productize business domains (or bounded contexts in domain-driven design parlance) as self-service digital assets that accelerate innovation and improve business agility. Both initiatives are typically run as separate work streams.