Financial and Economic Analysis on Serverless Computing Sytem Services
T. Guhan, Gillala Chandra Sekhar, N. Revathy, K. Baranidharan, H. Mickle Aancy · Advances in business information systems and analytics book series · 2024
In this chapter, the economic implications of serverless computing for enhancing human living experiences are exemplified. The infrastructure expenses, pay-per-use pricing models, and operational overhead have been elaborated. The cost efficiencies and allocation of resources towards innovation and growth initiatives have been achieved by eliminating the need for provisioning, managing, and scaling servers. The impact of serverless computing on business operations, market dynamics, and industry competitiveness is economically analyzed. However, the challenges (vendor lock-in, security concerns, and performance optimization complexities) have been considered.