As more companies embark on digitisation and embrace the cloud, they are realizing that it is a cyclical process of improvement, testing, and deployment. Given the multitude of opportunities and applications for digital, there is no such thing as too much computing capacity. At the same time, keeping resources idle in the cloud is sub-optimal. For CTOs, providing the right computing capacity, which is not just cost-effective, but also secure, accurate, swift, and timely is becoming a high priority for dealing with dynamic business needs.
Serverless computing addresses this to a large extent by enabling the automation of cloud compute resource allocation. This means that users are free to scale computing resources on demand without having to specify the resources required in advance. While advanced technologies like cloud computing are expected to play a dominant role in making India a tech powerhouse of the future, the demand for serverless computing is set to increase too.
Serverless is quickly gaining traction
Serverless does not imply ‘no servers’, but rather is a way to take the load off from developers by entrusting computing infrastructure management to a third party. It allows developers who want a computing infrastructure where cloud users can run containers without having to deal with the complexities of owning and running the physical infrastructure and servers.
For instance, while Indian financial firms have led the way in tech adoption, factors such as intense competition, market volatility, regulatory compliance, data privacy and security have added to the demand for computational capacity. Serverless computing can be a good option for CTOs as it is auditable, secure, and affordable without compromising speed and accuracy.
Likewise, an e-commerce player can leverage the model to deliver thousands of notifications to its users using a third-party cloud provider to manage the volumes as required.
Serverless could become the default in the future
Earlier, serverless computing was considered a niche technology for ‘functions as a service’ workloads. However, with its growing applicability in batch and transaction processing data, AI, and quantum computing, it is gaining traction in several vital functions such as human resources, finance, customer relationship management, and business intelligence.
According to a report, the serverless computing market is expected to reach a value of $36.84 billion by 2028 globally, and India will be a key part of the APAC market. Indian companies across industries stand to benefit as they look to modernize, digitize, and rely heavily on the cloud for their everyday business needs. As the demand for computing power grows with applications such as high-performance computing (HPC), companies will want to cut down the hardware costs and develop execution-based pricing models, which serverless offers. In addition, several new use cases such as microservices architectures, API backends, data processing, and massively parallel computing options are already being deployed.
Serverless can augment Generative AI use cases
Serverless technology has emerged as a powerful tool that can enhance the application of Generative AI in multiple scenarios. One notable advantage of serverless computing is the parallel processing capabilities from which Generative AI models can benefit from accelerated training and inferencing, leading to improved performance and faster results. Additionally, serverless applications can enhance the overall Generative AI lifecycle by providing robust security guardrails to prevent unauthorized usage and ensure that sensitive data is protected.
While serverless technology has been primarily positioned as an alternative to complex compute models, it also holds tremendous potential for augmenting Generative AI use cases – paving the way for innovation and technological advancements.
In conclusion, the pay-per-use option of serverless computing offers cost reduction and various other advantages for development and business. Observing the increasing rate of adoption, I believe serverless is bound to become the norm. Organizations must understand more about serverless solutions and build the right skills that will help them leverage the model to its full potential.