In this session, we will discuss the journey of API governance from its initial, ungoverned state to the development of sophisticated models that tackle contemporary challenges. We'll explore how APIs have become essential in the intersection of business and technology, adapting to advancements and evolving needs. We'll focus on how organizations have moved from launching to monetizing APIs, using models like pay-per-use and subscriptions, and finding the right balance between technical implementation and business strategy. We'll also highlight the impact of governance on monetization strategies, especially how data security, compliance, and service quality influence pricing. Real-world examples will demonstrate the effective integration of governance with monetization, including AI's role in dynamic pricing. Looking ahead, we'll share insights into future trends in API governance and monetization, emphasizing the importance of adaptability, continuous learning, and innovation.
Speaker
Sanjeewa Malalgoda
Director - Engineering, WSO2
Sanjeewa is an experienced engineering leader with over 13 years in enterprise integration, focusing on API management and event-driven architectures. He directs API management software products at WSO2, highly regarded in the industry and consistently ranked among the top by analysts. His strategic consulting has positively impacted various companies worldwide. Additionally, as a recognized thought leader, Sanjeewa has imparted his extensive knowledge at more than 15 global IT conferences, specializing in API security and protocols.