In computer programming, an application programming interface (API) is a set of subroutine definitions, communication protocols, and tools for building software. … A good API makes it easier to develop a computer program by providing all the building blocks, which are then put together by the programmer.
An API defines functionalities that are independent of their respective implementations, which allows those implementations and definitions to vary without compromising each other. Therefore, a good API makes it easier to develop a program by providing the building blocks.
When developers create code, they don’t often start from scratch. Fundamental to developer productivity is how APIs make often repeated yet complex processes highly reusable with a little bit of code. The speed that APIs enable developers to build out apps is crucial to the current pace of application development.
Developers are now much more productive than they were before since they had to write a lot of code from scratch. With an API they don’t have to reinvent the wheel every time they write a new program. Instead, they can focus on the unique proposition of their applications while outsourcing all of the commodity functionality to APIs.
So an API with 100,000 users, which took 500 hours to build by two developers earning $50 an hour, and meeting five competitors in the same space, would have a value of about $83,000. This calculation is helpful when determining the budget of API development. But at Monarch Productions we can significantly reduce the cost of your API development by undercutting the industry standard pricing by at least 50%. Since each client project is different, a specifically outlined quote can be done and discussed in detail before a deposit is required to begin the work.