Serverless broadly refers to applications that circumvent the need for an always-on server component by using third-party hosted services to manage server-side logic and state.
The serverless model represents a significant shift even from the traditional cloud service model where customers had to reserve and pay for a predetermined amount of bandwidth or server space, irrespective of usage. It is therefore easy to see the value in a model that delivers on-demand execution, dynamic scaling based on application loads and pay-per-use pricing.
As a fully-managed service, serverless ensures that all infrastructure related issues are shifted from the developer to the vendor.
CHECK OUT THIS INFOGRAPHIC that identifies some key benefits of the serverless model, especially for software development companies.
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