"Kong announces Konnect Metering & Billing, a new solution for monetizing APIs, AI models, and data streams. Integration with OpenMeter is designed to help organizations turn digital services into revenue streams. The new solution offers various possibilities. Users can perform real-time usage metering with built-in integration into Kong API and AI Gateways. This allows measuring existing API traffic without complex adjustments."
"In addition, companies can create highly flexible, data-driven products and rate cards. These can be easily tested, modified, and versioned to respond quickly to market requirements. The system supports robust entitlements, add-ons, and granular limits for accurate cost management. Billing occurs automatically at the end of each billing cycle or on demand. This supports both direct monetization via preferred payment gateways and internal cost allocation between departments. Fragmentation hinders effective revenue generation Organizations struggle to monetize their growing AI initiatives, Kong observes."
""By integrating OpenMeter into Kong Konnect, we're giving organizations the tools to transform their digital services into profitable assets while maintaining strong governance in the agentic AI era," said Ross Kukulinski, VP of Product at Kong Inc. Analytics for strategic insights The platform includes dashboards and analytics for insight into key metrics. These include revenue, churn rate, and future revenue opportunities. This enables companies to leverage their market potential fully."
Kong Konnect Metering & Billing integrates OpenMeter to enable organizations to monetize APIs, AI models, and data streams. The platform provides real-time usage metering with built-in integration into Kong API and AI Gateways, enabling measurement of existing API traffic without complex adjustments. Companies can create flexible, data-driven products and rate cards that can be tested, modified, and versioned quickly. The system supports robust entitlements, add-ons, and granular limits for accurate cost management. Billing is automated at the end of billing cycles or triggered on demand, supporting external payment gateways and internal cost allocation. Dashboards and analytics surface revenue, churn, and future opportunity metrics.
Read at Techzine Global
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