Is Serverless Technology the Way to Go? Three Benefits of Utilizing Serverless Computing

Serverless computing could completely transform the way companies operate and do business by allowing them to work efficiently while reducing operational costs. Serverless Computing is a modern type of software architecture in which the execution of application logic is performed in an environment free of any virtual machines, servers, operating systems or visible processes. Benefits of this game-changing approach are now being thoroughly enjoyed by the software developers and organizations.

Why use serverless computing?

In contrast to the conventional server-centric or cloud-based infrastructure, serverless computing offers great advantages which include enhanced scalability, flexibility, and decreased time to market all at a reduced cost. Serverless architecture enables applications to evoke functions on demand which provides flexibility for server-side applications.

This model does not operate without servers as servers, in fact, it exists in the cloud. It runs on a high-tech system that does not involve any complex hardware. According to Gartner’s analyst, Arun Chandrasekaran, two trends drawing interest to the serverless space are,

  • Developers becoming increasingly empowered within the enterprise, without having to deal with underlying infrastructure
  • Software innovation which comes with automation and invisibility of the underlying infrastructure

Serverless Computing, also known as Function-as-a-service (FaaS), is expected to grow at 33% annual growth rate during 2021 when the market will possibly hit a $7.7 billion mark. Amazon is the front-runner in the serverless space. According to The Register author, Matt Asay, Amazon contributes to 70% of the market share in serverless computing with AWS (Amazon Web Services) Lambda.  AWS Lambda is an event-driven, serverless computing platform provided by Amazon that simplifies building smaller, on-demand applications that are responsive to events and new information.

Read More: Top Three Edge Computing Trends to Watch in 2021

What are some benefits of utlizing serverless computing?

Cost Reduction

Serverless or FaaS uses a pay-per-use pricing model. Developers only pay fraction of a price per request for what they use. Code only runs when serverless applications require the backend functions and scales up according to requirements. Provisioning is dynamic, precise, and real-time. Some services such as AWS Lambda are so particular that they charge for the compute power used according to 100 millisecond increments. In terms of both computing power and human resources, serverless saves.

Decreased Time to Market and Faster Software Release

The simplest definition of serverless would be an ‘outsourcing solution’. Using a serverless infrastructure empowers organizations to experiment and innovate, thanks to easier operational management with FaaS. For many organizations, it is crucial to be able to experiment and innovate but with the help of serverless computing, it’s possible to move very quickly from conceptual idea to first deployment at a low cost. The nature of the shared functional infrastructure means that developers can create new apps in hours and days instead of weeks and months.

Improved Latency and Geolocation

Application scalability depends on three major things; number of users, users’ locations, and network latency. Modern applications that have audiences from all over the world create latencies that diminish experiences. With serverless, providers have points of presence near every user, and apps perform equally well for everyone. For example, Gett provides on-demand delivery services worldwide, so it chose serverless for its low-latency, real-time messaging to connect passengers and users, as well as streaming geolocation updates.

From photo-sharing apps to farm data dashboards to connected jet engines, serverless can accommodate the wide-ranging needs of app developers.

Read More: How Cloud Computing is Reinventing Supply Chain Management

Does Your Organization Need a Serverless Architecture?

Serverless is not in its infancy anymore but it isn’t fully-developed either. However, with benefits like reduced time to market, superior scalability and latency, and geo-location factors, serverless computing may possibly help organizations reduce cost and complexity. Serverless adoption is skyrocketing at present. Organizations should not delay too long to get aboard because move to this new model favors rapid delivery and constant innovation. As an AWS advanced tier consulting partner, we provide specialized technical proficiency and proven customer success in delivering AWS Services.

Let us help you get on board. Get in touch if you need any assistance with your migration to serverless.

Accelerate your digital and product engineering capabilities through remote work!

As companies struggle to maintain business continuity and maintain their digital growth trajectory, we are fully prepared and experienced to partner.

Ready to build with SSI?