Book Image

API Analytics for Product Managers

By : Deepa Goyal
Book Image

API Analytics for Product Managers

By: Deepa Goyal

Overview of this book

APIs are crucial in the modern market as they allow faster innovation. But have you ever considered your APIs as products for revenue generation? API Analytics for Product Managers takes you through the benefits of efficient researching, strategizing, marketing, and continuously measuring the effectiveness of your APIs to help grow both B2B and B2C SaaS companies. Once you've been introduced to the concept of an API as a product, this fast-paced guide will show you how to establish metrics for activation, retention, engagement, and usage of your API products, as well as metrics to measure the reach and effectiveness of documentation—an often-overlooked aspect of development. Of course, it's not all about the product—as any good product manager knows; you need to understand your customers’ needs, expectations, and satisfaction too. Once you've gathered your data, you’ll need to be able to derive actionable insights from it. This is where the book covers the advanced concepts of leading and lagging metrics, removing bias from the metric-setting process, and bringing metrics together to establish long- and short-term goals. By the end of this book, you'll be perfectly placed to apply product management methodologies to the building and scaling of revenue-generating APIs.
Table of Contents (24 chapters)
21
The API Analytics Cheat Sheet

Great for business

SaaS has been the fastest-growing segment in the software revolution. According to IDG’s 2018 Cloud Computing Survey, 73% of organizations have at least one application or a portion of their computing infrastructure already in the cloud. SaaS has dramatically lowered the total intrinsic cost of ownership for adopting software, solved scaling challenges, and removed the burden of local hardware issues.

APIs are a critical part of their strategy for fast-moving developers building globally. Instead of dedicating precious resources to recreating something in-house that’s done better elsewhere, it is more time- and cost-effective to focus special developer efforts on creating a differentiated product.

For these and other reasons, APIs are a distinct subset of SaaS. By often exposing complex services as simplified code, API-first products are far more extensible, more accessible for customers to integrate into, and can foster a greater community around...