API governance is heavily influenced by IT business goals and objectives. Leading API governance platforms provide analytics supporting the assessment of IT business value. The platform should capture service tier subscription information, collects usage statistics, present productivity metrics, and integrate with billing and payment systems.
API governance encompasses API subscriptions and API promotion meta-data. Governance activities managing API promotion meta-data include rationalizing keyword tags used to categorize APIs, and developer documentation content management. The governance process should enforce design-time checkpoints before API publication.
API Economy metrics include adoption and usage. API governance establishes API adoption (by version, by API) and usage (by version, by API) processes, policies, and metrics. By understanding API adoption and usage, API business owners and API architects can intelligently invest future development resources, properly plan API infrastructure scale, and rationalize the API portfolio.