“Cloud computing is a game changer for business, enabling companies to be more agile, innovative, and competitive.”
- Paul Maritz
Sometimes data speaks more than words so let’s have a look at some reports which will prove the importance of the topic of how Serverless computing is changing Business scenarios.
- A study by Microsoft found that companies can achieve an average of 93% in cost savings by using cloud-based software applications instead of on-premises applications.
- A report by IDC found that companies can achieve an average of $1.6 million in additional revenue per year by moving their applications to the cloud.
- According to a report by Forbes, companies can save up to 50% on their IT costs by adopting cloud computing.
These studies and reports highlight the importance of Serverless computing.
Here a basic question arises: What is Serverless computing? Although many of us are familiar with this term but then also let’s have a quick look at it :
Serverless computing is a cloud computing model where the cloud provider manages the infrastructure and automatically allocates computing resources as needed to run applications. In serverless computing, the user only pays for the actual usage of computing resources, rather than pre-paying for a fixed amount of resources.
The term “serverless” can be somewhat misleading, as servers are still being used, but the user doesn’t have to manage the infrastructure or the servers themselves. Instead, the user provides the code that defines the application, and the cloud provider takes care of running and scaling the application in response to incoming requests.
Serverless computing is typically used for event-driven or “function as a service” (FaaS) applications, where the application consists of a series of functions that are triggered by specific events, such as user requests or system events.
Before serverless computing, businesses faced several challenges in managing their IT infrastructure, particularly in terms of scalability and cost efficiency. And security was the most important issue. Here is some report on how companies face losses due to security:
- Delta Airlines: In 2016, Delta Airlines experienced a major systems outage that resulted in the cancellation of thousands of flights and a loss of $150 million in revenue. The outage was attributed to a power outage at the company’s data centre, which was running on the traditional IT infrastructure.
- Sony Pictures: In 2014, Sony Pictures suffered a major cyberattack that resulted in the theft of sensitive data and the release of confidential emails. The breach was attributed to a vulnerability in the company’s traditional IT infrastructure, which was not secure enough to withstand the attack. The breach resulted in significant financial losses and damage to the company’s reputation.
Now let’s discuss the most important section of the blog Benefits of Serverless computing to businesses:
- Cost Savings: One of the significant benefits of serverless computing is cost savings, as businesses only pay for the resources they use. This eliminates the need for businesses to invest in and maintain expensive hardware or infrastructure. Moreover, with serverless computing, there is no need to pay for idle resources, and businesses only pay for the execution time of their code.
- Scalability: Serverless computing allows businesses to scale their applications automatically without any manual intervention. This means that businesses can handle increased traffic or demand without worrying about infrastructure or resource management.
- Increased Agility: With serverless computing, businesses can deploy their applications quickly and easily. This allows them to respond to market changes, customer needs, or new opportunities in a timely manner.
- Reduced Operational Overheads: Serverless computing reduces the operational overheads associated with managing infrastructure and resources, freeing up time and resources for businesses to focus on their core competencies.
- Improved Availability and Resilience: Serverless computing ensures high availability and resilience of applications by automatically managing and allocating resources. This means that businesses can provide their customers with a seamless experience without any downtime.
- Simplified Architecture: Serverless computing enables businesses to build simpler architectures by breaking down their applications into smaller, independent functions or services. This improves the overall maintainability and reduces the complexity of the application.
In conclusion, serverless computing is a game-changer for businesses looking to optimize their infrastructure and focus on delivering value to their customers. By leveraging the benefits of serverless computing, businesses can reduce costs, improve performance, and increase security, ultimately helping them to stay ahead of the competition in today’s fast-paced digital economy. So, if you’re looking to take your business to the next level, it’s time to embrace the power of serverless computing and reap the benefits for years to come!
What is AWS Lambda and How it’s useful for your business
How Serverless can autoscale
AWS Lambda is a serverless computing service offered by Amazon Web Services (AWS) that enables businesses to run code without the need to provision or manage servers. With AWS Lambda, businesses can build and run applications or backend services that are highly scalable and available, while only paying for the computing resources used during the execution of their code.
Here are some ways that AWS Lambda can be useful for your business:
- Cost-effective: With AWS Lambda, businesses only pay for the exact amount of computing resources used during the execution of their code. This can help businesses to save costs on infrastructure and reduce operational overheads.
- Scalability: AWS Lambda scales automatically in response to the incoming traffic, which makes it ideal for businesses that have unpredictable or variable workloads. It can handle high volumes of traffic and process data in real-time, without the need for manual intervention.
- Speed: AWS Lambda can significantly reduce the time to market for applications, as it allows developers to focus on writing code and not managing infrastructure. This helps businesses to quickly develop and deploy new features or applications, resulting in faster product innovation.
- Flexibility: AWS Lambda supports a wide range of programming languages, such as Python, Node.js, Java, and others, which makes it easy for businesses to use their preferred programming language for writing their code.
- Integration: AWS Lambda can easily integrate with other AWS services such as Amazon S3, Amazon DynamoDB, and Amazon API Gateway. This helps businesses to create complex applications with ease and simplify their workflows.
- Security: AWS Lambda has built-in security features, such as AWS Identity and Access Management (IAM), which provides businesses with granular control over their access to the resources. This ensures that businesses can maintain their security posture while using AWS Lambda for their applications.
AWS Lambda can be a valuable addition to any business’s technology stack, helping them to streamline their operations, reduce costs, and innovate faster.
Looking to migrate your business to the cloud, but not sure where to start?
Presear provides expert cloud consultancy services to help you navigate the complexities of the cloud and make the most of your investment. Our experienced team will work with you to assess your current IT infrastructure, identify your business needs, and develop a customized cloud strategy that fits your unique requirements. Whether you need help with cloud migration, cloud security, or cloud optimization, our team has the knowledge and expertise to guide you every step of the way. Contact us today to learn more about how our cloud consultancy services can help transform your business.
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