API integration requires more time, money and resources than many developers expect. When you work on custom integrations into cloud services, your first step is to map out all costs and develop a realistic budget. Use this seven-step process to improve the accuracy of your estimates and calculate the cost of an API.
Budgeting Time Spent Building custom Integration
2. Build a Prototype
Build minimal functionality to prove the connectivity of the API. Developers gain the hands-on experience they need to learn more about your product and the endpoint. 3-5 days.
3. Minimum Viable Product
4. Transaction Management
Time Spent Servicing Your Integration
Log every transaction for debugging and customer support purposes. 2.5 days.
6. Monitor and Alerts
Add service alerts and webhooks to monitor the API integration. 2.5-5 days.
Many developers treat documentation like a four letter word, but it's a critical step in this process. You reduce the time spend on maintenance and allow other people to understand what's going on. 2 days.
Develop a Realistic Custom API Integration BudgetUse the average cost of your developers to determine a realistic cost based on the overall length of the project. In general, API integration takes between five and seven weeks. Once you calculate the cost of production, budget 25 to 30 percent of this expense to figure out your ongoing maintenance pricing. Related resources, such as project management, adds to your investment.
If you don't have the budget, development cycles or willpower to repeat this process for each endpoint, use an API integration platform to streamline the process and reduce your costs.
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