APIs can have a huge impact on your business, creating value and delivering new income streams. But they don’t always do so in the way you might have had envisioned at the outset. Which means, when it comes to API monetization, it can pay to be prepared for the unexpected.
Say you’re running a web service that requires input. In turn, the web service delivers it to another backend service. If the backend service isn’t available for an extended time, do you have a fail-proof system in place? This is where the circuit breaker design pattern comes in.
ESG reporting is rapidly becoming a key focus area for finance teams around the world. ESG stands for “environmental, social, and governance.” It’s a set of standards through which companies can report metrics that indicate how well their activities align with issues of environmental stewardship and social issues. In late 2021, the International Accounting Standards Board (IASB) announced the creation of a new ESG reporting standard.