API Management is now available in a new consumption-based usage plan called consumption tier (in preview). Unlike the current dedicated usage model with pre-allocated and isolated underlying resources, API Management consumption tier allows API Management to be used in a serverless fashion, with instant provisioning, automated scaling, built-in high availability and pay-per-action pricing.
The addition of a consumption tier option to the API Management offering enables you to more easily participate in the API economy and take advantage of the rich set of API Management capabilities. Optimize your investments by minimizing your initial and ongoing investment and scale up easily as demand for your API grows. Pay for what you use across the board since API Management consumption tier allows you to take full advantage of Functions and other serverless technologies in a truly serverless manner.
from Azure service updates https://ift.tt/2KWjRgD