Serverless architecture market size is estimated to be USD 4.25 million in 2018 and is expected to reach USD 14.93 billion by 2023 at a CAGR of 28.6%. – ReportLinker The ‘serverless’ in serverless computing is more of a misnomer because servers are indeed an integral part of this technology model. Then, the question comes – what is Serverless computing? Nearly twenty years back, companies used to manage the entire server-side applications. This included – custom engineered programs, management of data servers, configuration of network switches and power requirements of data center racks. Things got simplified when the concept of cloud computing came in near 2000, and Amazon created its subsidiary Amazon Web Services in August 2006, followed by the launch of Elastic Compute Cloud (EC2). Companies no longer worried about network provisioning, they could simply rent virtual machines and pay for them per usage. But still, people thought about their systems in terms of…
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