What are the two most important things for a startup, planning-wise? 

Business financing and long-term financial support are the two most essential pillars for the success of any startup. An innovative business idea is the backbone, but above all, startups are more dependent on the availability of financial resources for steady growth.

The amount of capital a business needs naturally depends on its economic model. Where should the founders find the money, and which are the areas where they can cut some spendings? This is where serverless technology and renting servers come in the picture.

Serverless Technology - Is it really a need?

When your developers are constantly managing servers and upgrading operating systems, they don't have time to work on your product, and you lose competitiveness. 

A serverless infrastructure offers flexible resource management with exact usage-based billing. The advantages of using it for companies are distinct. But how does serverless computing prove itself in everyday practice?

Before diving deeper, let's understand the whole concept of renting servers.

The benefits of renting servers

A company that's in its initial phase does not necessarily have the means to have several servers installed on-premises. This is mainly a problem related to the budgetary cost for startups. In this case, renting servers becomes the best solution to carry on the activities.

• Immediate Access To Equipment: Renting servers is a robust, practical solution. When you rent your servers, you immediately have the equipment you need to grow your business. You, therefore, do not have to wait several weeks or even more for the waiting time generated by the study of the project and the installation of new servers in your premises.

• Save money: Renting servers is the most economical solution to your cost anxieties. Startups can save a lot of money when they opt to go serverless on AWS instead of buying the whole infrastructure. Besides this, the labor cost to install and maintain is also reduced.

• No need to know everything: When you are the party of a startup, you have to focus and channel all your brain in developing the product. When you decide to go for serverless technology rental services, you save yourself from the headache to study all about servers and choose the best servers to buy. You can have powerful and high-performing equipment at your disposal once the rental service providers know your needs.

• Save space: In case you need more servers for additional space, all you need to do is call the host. The extra space will be ready in no time without you needing to rearrange your premises.

What is the concept of serverless technology?

Creating and executing applications or processes was never so easy before the advent of serverless technology. The cloud model enables users to achieve their targets without the need of installing and maintaining an underlying server. The cloud environment has all the servers that a startup might need. The best thing is that the provision, scaling, and management are the sole responsibility of the cloud service provider. 

In the last few years, most eminent startups have found their reliable CSP in AWS. The serverless technology in AWS has its own compute and security benefits. While the administrative tasks of maintaining and keeping the servers have eliminated, developers can now remain committed and focused toward working on the project.

To make this possible, it is crucial to create stateless functions in addition to the actual program code, which contains instructions on how a program should react to certain events. The respective program code can then be uploaded to the cloud environment at any time, including the desired functions and run there. These functions have no infrastructural dependencies, thanks to their stateless.

Four advantages of being "serverless"

Shorter time to market: In the serverless paradigm, developers only take care of aspects that are specific to their application. Everything else (OS, servers, etc.) is left to the cloud provider. This can significantly reduce your time to market. Since there is little or no system administration, developers do not waste time waiting for system admins to solve server issues.

Reduced operational costs: Cloud providers only charge for the time it takes for your functions to function effectively. A function performed only a few times a day for a few seconds will only be billed for this timeframe. In a traditional configuration, a server must run continuously and is charged for all this time. In addition, serverless architecture results in much less system administration. This is also a source of savings for startups.

Scalability: In a serverless architecture, scalability is provided by the cloud provider. You have little to do at this level. It also saves time and effort.

Agile: All FaaS providers provide tools (in the form of APIs) to "deploy" your code, often without downtime. This is a fundamental element in the development of agile software.

Bottomline

When you decide to go for serverless technology, all you need to do as the owner of a startup is to explain your needs to the CSP. The world is changing, and the combination of FaaS and PaaS gives developers the freedom to focus on developing features unique to your application. The heavy lifting and maintenance of the servers, when the traffic goes to the extremes, is rested with the cloud vendors, which takes enough burden off from startups.

Get in touch with our experts to know more about how you can make full use of the cloud and serverless technology.