Current Trends of Serverless Computing

Serverless Computing is the raging future in our present times, with an annual growth rate of 75% in 2020. It has come a long way, ever-evolving and innovative.

Here are a few glimpses into the future of Serverless Computing:

Edge Computing.

This is the avant-garde of serverless and cloud computing. It is a form of cloud computing distributed across devices rather than a single origin server. It will employ micro-servers. This would solve the intensive computations, latency, and limited data obstacles in cloud computing.

You would witness its implementation in IoT, security, and medical monitoring systems, among others. Forrester’s report says, 49% of companies utilize or plan to use serverless architecture, and demand for these innovations is off the charts.

Hybrid Cloud.

The middle path between the public and private cloud. It is synchronization of on-premise, private cloud, and third-party cloud services. This would enable the users to reap the benefits of each paradigm without the risk of facing their disadvantages.

It would create a unified, expandable, and flexible cloud environment for handling workloads and optimizing operations, with minimal downtime, for organizations having on-premise infrastructure. It is projected to grow at a CAGR of 17.8% by 2028, and 87% of enterprises have already implemented it.

FaaS

Function-as-a-service, a subset of serverless computing, is bound to witness exponential growth of 29.7%. This would allow organizations and individuals to emphasize individual functions in the application code, thereby eliminating complex and costly infrastructure.

Kubernetes and Multi-Cloud

It is an open-source container technology facilitating automation of deployment, scaling, and management of applications, reducing complexities and enhancing developer’s velocities.

Serverless on Kubernetes would disentangle further complexities and would be able to run wherever Kubernetes can. The critical role would be the automation of manual tasks. It has witnessed 91% widespread adoption, of which 75% is by production environments.

Multi-cloud solutions would enable businesses to employ two or more cloud service platforms, avoiding vendor lock-in, quickly transfer data to users of other cloud service providers, and make extensive use of all platforms.

A significant shift is coming among the big three providers in the Serverless computing market: Amazon, Microsoft, and Google. 93% of enterprises are looking to adopt a multi-cloud strategy, and more are sure to follow.

AI Integration and SASE

Serverless computing has provided an impetus to AI technology, ranging from inexpensive parallel computing to the ‘create once, deploy anywhere’ feature of cloud containers technology. This would facilitate the AI market to exceed the 300$ billion mark by 2024.

Integrating AI with cloud computing would foster new business models that would better utilize edge use cases. SASE would continue to gain adoption, as it offers cloud-native network security services, including zero-trust network access, secure web gateway, cloud access security brokers, and firewalls services.

Conclusion

Gartner projected worldwide public cloud spending by end-users to hit $304.9 billion this year. It is clear that the way the Internet wrapped the world in a storm, so will serverless computing in the coming decade.

Other useful articles: