The cloud has redefined the way we look at technology. One such redefining moment occurred in 2014 when Amazon Web Services (AWS) unveiled serverless computing, AWS-Lambda, that promised a few previously unforeseen advantages to businesses. Serverless computing, as the name suggests, requires no server housing, in addition to the benefits of continuous scaling and balancing, automatic fail-over, and sub-second metering (pay as you use). Below, we have listed in detail five ways through which your business will benefit from serverless computing.
Cutting Production-to-Market Distance
Conventionally, in a business, you are required to afford a production house wherein you will house your planning, design, and development, before final production; this requires you to manage infrastructure, server setup, and storage capacity with an immediate effect. With serverless computing, you no longer have to worry about these hurdles that mediate between your production and its market readiness. All you need is a serverless computing provider who will take care of your server needs immediately, and you will not need to dedicate a particular place for carrying the planning design and development—all of that can be managed on a serverless cloud.
With sub-second metering, wherein you only pay for the resources you have used, production costs are cut significantly which enables you to provide your product at a competitive price. Further, housing and maintaining servers is perhaps the costliest component of business for some enterprises which rely heavily on servers, such as online games and data retrieval websites/applications. Therefore, by using serverless computing, at one hand you eliminate the production-to-market, and on the other side, you cut down your costs — this directly leads to competition readiness where your product is better, cheaper and readily available.
Minimizing Fixed Costs
Fixed costs keep a substantial value of your product stable, irrespective of the delivery time, quality or price. Your product price has to be flexible to accommodate market competition. If competition arises, you have to be ready with strategies that give your product a better edge over the competing product. Serverless computing enables you to turn your fixed costs into variable costs by rendering continuous scaling and balancing. You no longer have to worry about maintaining your fixed assets that get occupied in housing servers. Turning these fixed costs into variable costs gives you the advantage of being flexible with the price decision.
New businesses often need to relocate their focus of attention depending on their target audience. Serverless computing allows you to rotate this focus of care for the application that can be used differently in varying conditions. The pivoting might include revamping the application/website or redefining media promotion according to the required task. With serverless computing, you can have unlimited scaling which enables you to widen your market reach. You can also use containers (individualized services) to enhance the pivoting, since in that scenario you will not need massive rearrangement of your service packages, to keep you from an entire service crash.
Improved Development Management
From planning to production, application building consists of many sub-steps. Two most important of these are development and testing. Serverless computing gives you advantages that are otherwise absent from server computing. For example, serverless computing helps you to have a better overview of the development through independent service management. You can track and plan your progress of an individualized service according to its current status. Furthermore, these services are very convenient to be tested—the code is clean, organized and therefore easy to track. With these advantages, it becomes natural for development to be accelerated and checking to be more accessible and precise.
Serverless computing has many advantages in treasure for businesses. Through the help of serverless computing, products can be market specific, cheap, advanced, and adapt, all at the same time. All they need is an excellent service provider who unfolds to the business owners the vast repertoire of advantages of going serverless. Businesses can be competition ready through optimized development and testing and timely delivery of the optimal product at a reasonable price.