Past were the days when enterprises used to maintain their own data centers and managed each and every aspect of their computing needs. However, with the increasing demand for cost-effective and scalable solutions, enterprises are now turning towards serverless architectures.

And, the reason is obvious!

Serverless provides many benefits over traditional server-based architectures, including improved scalability, reduced operational overhead, and pay-per-use pricing.

A Report published by RightScale shows that Serverless has the fastest growth rate among all cloud service models, with an annual growth rate of 75%.

What Are Serverless Architectures For Businesses?

A serverless architecture is a way of structuring a business or development project in which the majority of tasks are completed without the need for a dedicated server. 

It's just run on a platform that charges them per execution. This means that businesses can save money by only paying for the tasks or services that they use, rather than having to maintain and pay for a full server. 

This makes serverless architecture an appealing option for small businesses and startups who may not have the budget to invest in a traditional server setup. Additionally, serverless architectures can also be used to scale applications more efficiently as they grow.

There are a few key ways in which serverless architectures change the development process and project business:

• They're extremely scalable, able to handle large amounts of traffic without issue.

• They're cost-effective, as you only pay for the number of executions you use (rather than paying for a fixed amount of server space).
  
  

• Serverless architectures also change the business side of projects by making it easier to track expenses and payments.

These attributes make serverless architectures ideal for businesses that are looking to cut costs, save time, and scale quickly and easily. 

Serverless Is Much More Than FaaS & Lambda

FaaS (Function as a Service) is a category of cloud computing that enables users to run code without provisioning or managing servers. AWS Lambda is a popular FaaS platform that allows developers to build and run applications without worrying about server infrastructure.

Serverless architectures are often thought of as being synonymous with Function-as-a-Service (FaaS) providers such as AWS Lambda. However, this is only one type of serverless architecture.

Serverless architectures are not just about FaaS and Lambda, but about a whole new way of building and running applications. With serverless, you can forget about servers altogether – there is no need to provision or manage any server infrastructure.

Instead, you can focus on writing code and building features that meet the needs of your users. Serverless applications are event-driven, meaning that they only run when triggered by an event, such as a user request or a new data record being added to a database.

That's the reason why serverless architectures are becoming increasingly popular, and highly recommended especially for web and mobile applications.

Serverless computing is still in its early stages, but it's already the highest-growth public cloud service. 

The 2022 Datadog report suggests that  businesses are increasingly adopting for server less.

Recommendations For Adopting Serverless Architecture

There are several factors to consider when evaluating whether serverless architecture is a good fit for your application this decision, including:

#1. The Nature Of Your Application

if it is stateless and event-driven, then serverless architecture may be a good fit. If your application is heavily reliant on synchronous requests or long-running processes, then serverless architecture may not be the best option.

#2. Your Application's Traffic Patterns

if your application experiences sporadic or bursty traffic, then serverless architecture can be a cost-effective solution since you only pay for the resources you use. 

If your application has steady and predictable traffic, then traditional architectures may be more cost-effective.

#3. Choose The Right Serverless Platform For Your Application

There are many different serverless platforms available, each with its own set of features and pricing models. Be sure to evaluate the different options to find the one that best fits your needs.

#4. Design Your Application With Serverless Architecture In Mind

This means designing your application to be stateless and event-driven. It also means planning for how you will handle failures, since there is no server to restart in the event of an error. 

Implement your application on a serverless platform. This will require you to use the platform's SDK or CLI to deploy your application's code and configuration.

#5. Monitor Your Application Closely To Ensure It Is Running As Expected

This is important in any architecture, but it is especially important in serverless architectures where there is no server to restart if something goes wrong.

#6. Be Prepared To Scale Your Application Horizontally To Meet Increased Demand 

Serverless architectures are designed to be scalable, so this should not be a problem. However, you will need to monitor your application closely to ensure that it can handle the increased traffic.

#7. A Plan For Managing & Updating Your Serverless Application Over Time

Make sure you have a plan for managing and updating your serverless application over time. This includes things like keeping your dependencies up-to-date and creating or updating functions as your application evolves.

The Growing Interest In Serverless Computing

In the past two years, the introduction of serverless services has generated greater interest in the technology.

The global serverless market is expected to record a CAGR of close to 23% during the forecast period of 2022-2031. This can be attributed to the increasing adoption of serverless architecture by enterprises and the fast-expanding IT & telecommunication industry. The market is further expected to be influenced by the rising demand for cloud-based services and the growing trend of Bring Your Own Device (BYOD). - A Report by Yahoo Finance

This growing trend is understandable as technology is giving many benefits to businesses. Serverless provides a cost-effective way to run applications and can be very scalable.

Undoubtedly, it reduces the operational overhead for businesses as there is no need to manage servers.

Here are the benefits that businesses reap due to invest of serverless technology

Benefits Of Serverless Architecture

Easier Operational Management

When it comes to operational management, serverless architecture can be a huge help. By not having to worry about provisioning and managing servers, you can free up a lot of time and energy to focus on other tasks. 

Additionally, because serverless architecture gives you the ability to scale quickly and easily, you can avoid many of the common issues that can arise when trying to manage a server-based application. 

As a result, serverless architecture can help you make your application more manageable and easier to operate.

Faster Innovation

When it comes to technology, one of the most important things is innovation. In order to stay ahead of the curve, companies need to be able to rapidly innovate and release new features and products. 

With a traditional server-based architecture, this can be difficult and time-consuming. However, with a serverless architecture, it can be much easier and faster.

Reduce Operational Costs

Serverless architectures are designed to help reduce operational costs by allowing developers to build and run applications without having to manage or provision servers. This can help save money on infrastructure costs, as well as reduce the amount of time and effort required to manage and maintain server infrastructure. 

By using a serverless architecture, developers can focus on their application code, rather than having to worry about server management.

As a result, serverless architectures can help improve the efficiency of application development and delivery.

According to CB Insights, the serverless computing industry is grown from $1.88 billion in 2016 to $7.72 billion in 2021, a compound annual growth rate of 33%. 

Isn't server-less a great technology for the robust future of your business?

Start Your Serverless Journey Now….

If you're ready to start your serverless journey, we can help! 

We offer a range of services to help you get started with serverless, including:

Consulting

• Determine whether serverless is a good fit for your application and advise you on which platform to use.

• Deploy your application on a serverless platform and configure it to meet your needs.

• Set up monitoring for your serverless application to ensure that it is running as expected.

• Ongoing support for your serverless application as needed.

Learn more about our serverless services and how we can help you get started with this exciting new architecture.

Get ready to change the game with serverless architecture.