Keeping AI Infrastructure Costs Down with API Governance

Artificial intelligence (AI) is becoming increasingly integral to business operations, with over 50% of companies using it for security and fraud prevention, as well as enhancing customer experiences. However, the expansion of AI's role within businesses, particularly those offering API services, brings substantial infrastructure costs related to data storage, model training, and deployment. Effective API governance provides a strategic framework to manage these expenses by regulating how AI resources are accessed and utilized, ensuring financial sustainability without compromising performance. This governance helps in optimizing resource allocation, monitoring API usage, and maintaining data security and compliance, thereby preventing unauthorized access and reducing unnecessary expenditures. The implementation of API governance is crucial for balancing cost control with performance optimization, demanding careful planning to maintain financial viability while maximizing the value AI brings to an organization.