We all know it's really hard to get good pricing and cost information.
Please share what you can so you can help your peers.
It should be cheaper. It has a yearly licensing.
Licensing is expensive but it's a good product.
We have an SLA we can draw from. I need to keep within certain numbers, however, I don't have a problem doing so. I can't speak to exact costs.
It is quite an expensive product.
IBM API Connect could be cheaper. We pay for the license yearly.
It's an expensive product.
I do not deal directly with the area of budgeting. We are partners with IBM, so maybe we get different pricing. I do not know about standard prices other than that this product can be expensive. We did not need to pay them anything extra for support or add-ons. It may not be the same for clients who are not partners.
The pricing is too expensive with IBM. Sometimes, we prefer to go with an open source or something more lightweight.
API Connect is quite pricey. The developer builds the API and determines what should be put together. However, the business people determine the price. The product plan and pricing needs improvement. It is confusing to the client based on the way a business might put it together. E.g., I have to be able to pick out different APIs, then group them together. I then have to explain to the client if they subscribe to this API product all the services available. Many clients want a variety of price groups based on their API selection. I haven't seen anyone go from on-premise to the cloud. In fact, I am seeing people go from the cloud to on-premise because the costs can quickly grow on the cloud. If you want to small small, start with the cloud.
IBM sets the pricing, but it would be a good idea to bring down the pricing by at least 20 to 30 percent.
The basic appraisal based on the two models is available on their website. The one is PVU-based and the other one is consumption-based. But that is a ballpark figure. Obviously, when you engage with them in a contract, they can negotiate.