Amazon Web Services announced a new product today called Amazon API Gateway, designed to simplify creation and management of APIs. Today, many companies want to give access to back-end services to ...

Amazon recently updated their API Gateway service to include Usage Plans. A common pattern for companies that expose their APIs, include monetizing them through a 3rd party developer ecosystem.

AWS currently prices the Lambda free tier at 1 million free requests and 400,000 GB-seconds of compute time per month. “It’s ridiculously cheap,” Kroonenburg said.