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Navigating the Complexities of API Consumption Management
This chapter delves into the challenges faced by organizations in managing API consumption, including the importance of visibility, understanding costs, and tracking API usage. It emphasizes the need for consumer-side API management, highlighting the evolving trend of relying on third-party APIs and the limitations of current API management software. The conversation also explores various business models in the API economy, challenges associated with different models, and the evolution of middleware layers in companies for better observability.