Half a decade has eclipsed since the modern age of serverless computing emerged in the shape of AWS Lambda in 2014. In 2016 Microsoft followed suit with Azure functions, followed by Google introducing Google cloud functions in 2018. Three of the biggest cloud service providers investing in serverless was a sure sign that the cloud architectural model held both promise and potential. That promise has faced the test of time, evident in the growing interest among businesses adopting serverless at an impressive adoption rate of 75% per annum.
Serverless architecture is a cloud computing execution model that has evolved through time to make application development that much more convenient and feasible. Read about the evolution of serverless here.
Many biggies such as Coca Cola and Netflix have implemented the cloud service model, gaining from the myriad benefits serverless offers.
Pay per use
A significant advantage with serverless and translates into cost saving is that servers can be used as per our need. You do not need the server running through the day, as in the case of on-prem. We pay only for the usage of the server or for the computing time consumed. In simple terms, you only pay for the use and nothing more.
Cost savings
Serverless is more of an operational cost and not a capital cost. The expense incurred is just the operational expenditure, that is, the amount spent utilizing the service. There is no capital cost involved as the infrastructure is provided by the service provider.
Low on maintenance
Serverless is also low on maintenance as we are not responsible for the servers’ care and upgrades. It’s the service provider’s prerogative to maintain the infrastructure and provide assets in prime shape
Automatic scaling
The service provider takes care of scaling when the load is high. We do need to provision or request for scaling. When the usage is high serverless scales up automatically to provide many instances at the back end, it also offers high availability. The service provider ensures that the service is available to us as and when we need it.
The points mentioned above are just a primer on the advantages businesses can leverage by going serverless.
A serverless computing promises to go beyond cost reduction with fine-grained pricing, increased business agility, faster innovation, and reduced operational management.
Get an in-depth understanding of serverless architecture and why it stands out as the best viable option for building scalable, high-performance applications utilizing low engineering lead time, and reduced operating expenditure. Watch the video here.
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