The global serverless architecture market shows no signs of slowing down with multiple vendors offering their services in a fast-growing arena. AWS, Microsoft, Google, Alibaba, Rackspace, IBM, Oracle, and CA Technologies are just a few industry names investing heavily in the serverless space.
It’s no wonder that vendors are scrambling for a big slice of the pie: According to KBV Research, the global serverless architecture market is expected to hit US$14 billion by 2024, increasing at a growth rate of 23.4 per cent CAGR during the forecast period.
In Australia, “serverless” is all the rage at the moment with multiple vendors rushing to claim pole position where functions-as-a-service, or FaaS, is fast gaining traction.
It’s critical to note that while developing applications using the FaaS model is a way of achieving a serverless environment, there is confusion over how to choose the right vendor.
Here are five considerations on how to choose a FaaS-serverless vendor to meet your organisational needs.