Hello there! My name is Maciej Mensfeld, and some of you might recognize me from my involvement in RubyGems Security, OSS commitments, or perhaps from Karafka: a multi-threaded, efficient Kafka processing framework tailored for Ruby and Rails. While I generally pen my thoughts on my personal blog, today's post is unique. This article results from a collaborative effort with the brilliant people over at AppSignal. To set the record straight, I don't work for AppSignal.

The art of turning a product or service into profit is not always a straightforward path. ‘Monetization models’ serve as a crucial strategy for businesses to generate revenue. As simple as it sounds, choosing the right monetization model can be a game changer, a “make-or-break” piece that impacts the sustainability and growth of a business.

If you’re not using low-code, you’re already behind the curve. These platforms empower organizations to adapt quickly to the unforeseen crises and dynamic market conditions we’re all too familiar with. In this article, we'll delve into eight essential low-code features you need to have to keep up. Download the 2023 Gartner® Magic Quadrant™ for Enterprise Low-Code Application Platforms (LCAP) for an unbiased evaluation of LCAP vendors.

Closures provide a powerful, flexible way for iOS developers to define and use functions in Swift, replacing the blocks used in its predecessor Objective-C. They provide self-contained modules of functionality that you can move around in your code, similar to the lambdas found in other programming languages. Crucially, closures can capture and store references to any constants and variables from the context in which they’re defined.

When monetizing APIs, a popular approach is volume-based pricing. Of all the monetization models you can apply to your APIs, volume-based pricing is one of the easiest to implement. This blog will cover the basics of applying volume-based pricing to your APIs so your customers can be billed accordingly. Let’s start by looking at the finer details of volume-based pricing regarding monetized APIs.