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I am developing an application which is based on SAAS and exposing services as API. I would like to develop effective analytic platform for API usage, prediction of usage and cost estimation etc. Is there any analytic service which I can leverage like Google Analytic?
API usage is typically tracked with internal (self-hosted) tools like statsd + graphite.
Etsy uses this combination as well:
http://codeascraft.etsy.com/2011/02/15/measure-anything-measure-everything/
Another alternative that appears to be in beta is StatHat.
Typically these solutions don’t allow much slicing/dicing of the data, but they help you track overall volume and usage.