Category: Blogs

Table of Content:

Introduction

While the world is battling with adverse climate-change conditions and other environmental crises, renewable energy resources are looked at as the lifeline for the planet today. Renewable energy industries are therefore gearing up to invent better ways to build robust solutions, and all with the help of inventive technology genius.

According to IEA, the renewable power capacity world is set to expand by 50% between 2019 and the year 2024, led by solar PV. The Solar PV alone accounts for almost 60% of the expected growth with the onshore wind representing one-quarter.

In India alone, the capacity for renewable energy has rapidly increased in recent years. At the end of the fiscal year 2019, the renewable sector accounted for over 22% of the energy capacity mix. India was the second-largest photovoltaic power plant in the year 2019 with a total installed power capacity of almost 360 gigawatts in 2019 and the renewable sector amounting to 80 gigawatts of that capacity.

While the renewable energy sector is the hope for a better future, technology is enhancing and cementing it further to create a more sustainable business model. Technologies such as Big Data and Analytics are here to change the way renewable energy sectors can operate more efficiently and be able to optimize them for maximum benefit. Driven by the power of data, solar plants can function better and can be fully optimized if the data captured is being used smartly.

In this blog, we discuss the importance of Big Data and Analytics in optimizing the power of solar plants.

Role of Big Data and Analytics in Solar Plants

Intermittent data and unpredictable readings coming through the sunlight can make the overall solution undependable. Big Data and Analytics are providing an edge to the solar businesses by eliminating the unpredictability factor. Hence, as for any other renewable energy plant, to work consistently well, solar plants also need technology that can predict the variations in climate or the weather conditions in order to optimize its capacity. In short, Big Data and Analytics can add the necessary method to the chaos of data usage and management, to help optimize it.

Making Data Predictable and Structured

Big Data has a huge benefit when it comes to providing support to the solar industry and solar assets owners. Using Big Data and Analytics, solar asset owners can categorize data by analyzing data patterns and generate useful insights. With these valuable insights, the utilities can then manage the variations in solar winds and radiations while accurately predicting the amount of energy that can be redirected into the power grid. The data is then converted and utilized for the optimized performance of the solar assets. This technology helps create sense out of the massive data being made available for better outcomes.

Must Read: How Can Organizations Derive True Value Out of Their Data?

Enhanced Operational Efficiency

Typically, a solar plant requires enormous amounts of solar panel installations and sensors along with a complex ground-level infrastructure. Usually, such vast installation of plants requires a vast terrain that brings along with it a lot of operational and maintenance challenges. Big data and analytics can help the plant operators get timely updates about the overall performance of the plant.

Effective Maintenance

The vast solar plant installations have very complex infrastructure comprising of panels, sensitive equipment, sensors, and wires, etc. The ground level maintenance of these assets is extremely challenging and time-consuming. Using Big Data and Analytics, companies can predict the maintenance needs through historical data analysis and streamline their maintenance operations. Through preventive and predictive maintenance, companies can reduce downtime.

Measurable ROI

Using Big Data and Analytics, solar companies can better understand their customer needs and demands. They are using this data to implement strategies to innovate different revenue models and more business opportunities. It provides companies with incredible data insights and analytics to help them take the right decisions at the right time. This adds to the ROI and directly impacts the business in a positive way.

The renewable energy sector is also attracting more and more investors today. With the growing demands and the government’s ambitious green energy targets in India, it is attracting both foreign and domestic investors. The country is expected to attract investments for up to USD 80 billion in the next four years.

Big Data and Analytics are here to change the future of solar plants as these technologies are indeed revolutionizing the renewable energy sector. From bringing down the installation charges to making operations easy, Big Data and Analytics can be counted upon as a bankable solution that is creating the sustainable business model that the world needs today. If you are looking for an energy analytics solution, contact us today.

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Technology startups have several decisions to make when they start building their tech business. One of the most critical decisions, though, is choosing whether you want to have an insourced or an outsourced team, or a combination of the two. You also need to decide which roles can best be outsourced vs. insourced.
Here’s a wrap up of the plusses and minuses of each side of the coin to help you decide when to hire in-house talent and when to trust an outsourced software product development partner.

Pros of Insourcing

Having an in-house team to develop your product has several advantages, such as

Business agility – You own and manage the talent you hire in-house. They are solely committed to working with you. They won’t mind it when you change the operational strategy or take a U-turn on something. Therefore, you don’t need a lot of buy-in from your in-house teams, as much as you do from contractors and freelancers.

Transformation needs in-house talent – To make digital transformation a reality for your startup, you need a team that is committed to you in the long haul.

Fewer cybersecurity threats – In the wake of extreme cybersecurity threats, you are well off trusting your own infrastructure and its security arrangements rather than having to lay your loyalty on someone else’s infrastructure. As a tech startup, you can ensure your employees are guided and limited by strict NDAs, not becoming a risk for your enterprise.

Challenges of Insourcing

While the benefits are fairly obvious, setting up an in-house team is not easy. It can have its own set of challenges such as

Team strategy – Since everything lies on your shoulders, you are responsible for creating a hiring strategy. Which roles should you fill up first? What salaries to offer? Would you want to hire beginners or experts? Mix and match in what ratio? Building a team strategy can easily be the most difficult thing a tech startup owner has to do. With a limited budget, this is a critical factor that could determine your success or the lack of it. According to estimates, the average company spends about $4,000 to hire an employee.

Training and communication – Hand-pick your staff, but then you have to train them on key technologies and tools. Hiring a trainer or enrolling individuals in online training programs can be a significant parameter in your success. You also need to lay down a system for efficient communication within your enterprise. Do you hold monthly meetings? Weekly calls? Install a communication application?

Investments in training/infrastructure – Budgeting could be a huge challenge for you as hiring in-house talent compels you to incur training, infrastructure, and power expenses.

Talent not widely available – If you need specialized talent for your start-up, you might find it hard to find it locally. Since you are a start-up, star candidates might not be willing to move to a different city to get onboard, unless your idea is really groundbreaking.

Challenges of Outsourcing

Considering the challenges with insourcing, companies are tending to rely on outsourcing partners for their product development. But you need to be aware of the following challenges

Inconsistent communication – When tech startups work with remote teams and contractors, they need to establish a system to support consistent communication. The challenges of doing that triple when you hire talent from across boundaries. Therefore, establishing frequent and clear interaction is a struggle when working with outsourced teams.

Cultural differences – Tech startups are small in size and need to function as a single unit. When hiring outsourced talent, you need to ensure there is a cultural fine-tuning to avoid differences. This can be a challenge for tech startups working with cross-cultural teams.

Complex contract negotiations – Contract negotiations with an outsourced product development and consultation team can be complex and time-consuming. It’s not over the top to schedule several weeks to fine-tune a contract, since there is no easy way of defining the scope of work, responsibilities of each party, and putting together a service-level agreement.

Pros of Outsourcing

While acknowledging the challenges with outsourcing, one cannot ignore the several benefits it offers

Hiring agility – Outsourcing can look like an appealing option when you need hiring agility. For example, you may want to hire high-quality talent, but you are not sure if you will need their full bandwidth in the future. Hiring an outsourced team can help you tweak the team size and shape as per the changing business needs – quickly and easily.

Engage specialists at reasonable costs – Specialists that work as your outsourcing partners are likely to charge way less than an in-house team of experts. As a startup with a limited budget, you can easily engage the best in the industry and leverage from their proficiency in various functions. According to a recent study, outsourcing can help companies save 60 percent on overhead costs!

Domain expertise – One of the most significant benefits of outsourcing is access to domain expertise that you get by engaging the partners who are experts in their specific fields. With the help of the right partners, who have worked in the domain and delivered cutting-edge solutions, you can have a unique advantage over your competition.

Processes and methodologies like DevOps and Agile – Often, outsourced product development companies and consulting teams follow the leading processes and methodologies such as DevOps and Agile, bringing modernization to your company out-of-the-box.

Scalability – Another shining benefit of engaging an outsourced team is that you are free to scale up and down as per your unique needs without having to think about the incurred investment in the team. This scalability is of the utmost importance when you want to scale up your startup without a lot of hassle.

End-to-end servicing – An outsourced development team can handle your needs end-to-end. For instance, when you partner with a software development company, you can expect everything from product ideation to testing and maintenance under a single umbrella.
At Pratiti, we have helped several startups realize their innovations faster. We are proud to be the partner of choice for several technology companies for their outsourced product development (OPD) needs.
Let’s connect, and we can discuss how we can help you with our unique blend of domain expertise and technology craftsmanship.

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Solar Energy Analytics | Healthcare App Development | Industrial IoT Solutions | Digital Product Development

Here’s a not-so-pretty number about software product development projects:

75% of business executives anticipate the failure of their software product right in the beginning.

If a software product is a crucial part of your business, you can’t afford to get it wrong. Your entire business and all other functions depend on how robust and fully-featured your software application is.

Whether you are working with an in-house development team or an outsourced product development in India, your software product might fail if you don’t take the right steps in ensuring its success.

Let’s look at the most common reasons why software products fail and learn how to avoid them.

Why companies struggle to build standout software products

Standout software products take a great deal of planning, execution, and everything in between. Here’s why software products fail and how to prevent yours from getting doomed.

Inaccurate Product Definition

Product specifications go way beyond defining and jotting down customer requirements. A comprehensive product definition would bring all stakeholders on the same page regarding the product features and execution stages, as well.

This product definition would talk about the problems the product aims to solve, the market necessities, use cases of the product, and the UI/UX needs to create an attractive software product.

When either of these components is left out of product definition, the product gets set up really quickly for a failure. Inaccurate or incomplete product definitions pave the path for inefficient products that don’t solve a real market challenge.

Insufficient Market Research

 Often, software products fail because they fail to identify or generate market demand. As a software product business, you need to conduct enough pre-development surveys and polls to gauge your audience’s interest in such a product.

Another idea is to beta-test your software product with a niche group of users who can offer unbiased feedback about your product, so you can go ahead and tweak according to their opinions and be confident of your product’s success in the wider market.

Sufficient market research is necessary if you want your software product to address market needs or be desirable to its target users when launched.

The Assumption that Leading Technologies Mean Innovation

Companies that focus all their energy on adopting a new technology just for the sake of it prep their product up for failure. Primarily, a software product should identify a market need and then work toward eliminating a challenge or addressing a need.

In order to serve the customers, technologies (latest, new, or old) can then be leveraged. However, as digital technologies gain more hype, businesses focus too much on choosing the tech stack than on solving the right issue for their customers.

Innovation happens when there is a necessity for it, not when there are enough technologies available. Therefore, it is important for you to channel your in-house or offshore software product development team toward working to meet customer needs first, then making the tech stack work.

Considering Software Product Development Investment as an Expense

Product development is really an investment for any company that wants to build a business around it. Therefore, when founders and owners consider a software product development initiative as an expense, they try to be stingy where they should rather be generous.

Early on in a startup’s journey, a business might struggle with low budget or availability of talent. This is when outsourced software product development services look appealing.

Instead of saving on UI, testing, or app security, outsource software product development to a reliable team and consider the process like an investment that will pay returns when done perfectly.

Features Don’t Add Value to Users’ Lives

According to a study by Standish Group, for an enterprise software system, only 7% of the features are “always” used, 13% of the features are used “often”, and 16% are used “occasionally.” This also means that over 64% of the features are “never” used!

In today’s fast-changing environment, you cannot afford to spend your time and energy in building features that your users may not use. To avoid this, you need to work on the features that will truly add ‘value’ to the users’ lives, gather continuous feedback, and focus on continuous product definition.

Right Idea, Inefficient Development

Software products often fail because of the wrong idea. But, more often, even if the idea was breakthrough, the implementation lags. Mind-blowing product ideas happen in-the-instant. But, putting them to execution takes harmony in the various steps, including testing, designing, and perfecting the application for the right market and audience.

Failing to execute any of these steps can lead to a failed product. Application usability, content, and connectivity are a few more factors that play a vital role in ensuring a software product’s success.

Make sure your product development does not compromise on its security, usability, UI/UX interface, and testing- so that you have the recipe for software success.

A majority of these factors play out when a company’s founders are also the ones leading and overseeing the development efforts. This is when they split their focus between too many tasks and don’t see the inefficiencies in their product.

To prevent yourself from these software development disasters, outsource product software development to an offshore team such as Pratiti Tech. We offload the entire software product development task from you on to us.

Our expert software developers pay due attention to detail and create the best software product that addresses a market need, appeals to the ideal customer, and proves secure, reliable, and robust against the best benchmarks.

Talk to one of our specialists today or learn more about our services.

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All industries are gradually riding the digital transformation wave and the Renewable Energy Industry is no different since the early 2000s, a lot has changed in the world of Operations & Maintenance & Asset Management – and technology is at the core of this change. Organizations are now willing to invest in digital technologies driven by innovation to get a bird-eye view of their entire portfolio; predict failure of their critical assets to prevent downtime; get visibility into operations of their assets to improve overall efficiency and do a lot more be leveraging technology for advanced innovations.

At the centre of this digital transformation, organizations are looking to move away from legacy ‘enterprise IT’ systems that required long development and upgrade cycles. Organizations are now keen on a modern architecture which lets them adopt agile methodologies where they can continuously develop, integrate and mobilize changes into operations. Here are a few ways technology innovations are reshaping the Operations & Maintenance as well as the Asset Management markets:

• Moving to a cloud native technology to generate up to 10x infrastructure savings and 100x faster responses.
• Adopting Application Programming Interfaces (APIs), that provides a ‘gateway’ to access data / services.
• Using microservices architecture to move away from rigid IT upgrades that enables the users to replace or upgrade individual components ‘block by block’.
• Using IoT and Digital twin to enable asset operators and O&M engineers to: receive alerts & notifications; reduce manual asset search & asset life cycle cost as well as move away from multiple platforms and establish a single channel for multiple manufacturers and service providers.
• Leveraging AI/ML technology to easily facilitate automate manual processes and create seamless customer journeys. Using AI/ML to provide greater transparency in overall operations.

If you too are concerned about the operational efficiencies of your assets and processes, then technology innovation enabled energy analytics software is what you need. Energy analytics is the process of gathering electrical/technical data with the help of software in order to assist energy suppliers to supervise, analyse and optimize energy related KPIs such as consumption, production costs, production distribution, etc. Collecting and storing large amounts of data on a global scale is certainly not a problem in the energy industry. The problem arises in combining the nature of the collected data. For this, the energy industry needs to capitalize on the innovative energy analytics software that is increasingly being made available. Energy analytics software allows you to effectively analyze the efficiency of the project and eventually its success.

Why Energy Data Analytics Software Is Important?

The energy industry is very extensive, covering many businesses, departments, processes and units. In this process, right selection of energy KPIs, data collection, and data analysis are always changing, but their sources are completely different. This makes data difficult to merge, understand and integrate, and the whole process becomes very complicated. In such cases, ensuring low-cost and high-availability power management load is of utmost importance to ensure that the changes in demands are anticipated while maintaining a balance in the supply. In short, the energy analytics software helps in streamlining entire data.

The Impact of Energy Analytics Software

Modern energy analytics tools have multiple uses and have had a huge impact on enterprises of all sizes. Recently, smart meters regularly communicate information to the database for monitoring purposes. The resulted findings gives an accurate view on the equipment’s health, helps in lowering operating expenses and provides better clarity to the operations by easing the maintenance of all the involved projects.

A Few Benefits Offered by Digitizing O&M and Asset Management Are:

• AI improves overall asset efficiency and reduced maintenance costs
• Reduces asset downtime by increasing the response time.
• Real-time reporting of the assets from any location.
• Access to the entire operations & maintenance without being physically on-site.
• Faster and better response rate in times of emergencies.
• Prioritize critical assets for preventive, predictive maintenance that also aids in asset downtime and failure.
• Streamlines your O&M Activities
• Simplifies data sharing and collaboration among teams

Organizations have now begun to realize the financial, technical, environmental and business benefits associated with energy efficiencies. It has become vital to maintain the optimum level health and performance of key assets and maintain their reports on a single platform. Data sharing, fast and clear communication have become imperatives to improve overall efficiencies. Apollo – our energy analytics software fulfils this demand through its patented digital twin technology, advanced decision-making engine, root cause analysis IoT based KPIs and event discovery.

Apollo solution provides unique key health and performance insights into various assets. With Apollo’s closed loop insights, technicians and engineers get direct visibility into working of these assets that further helps them eliminate the time required for manual inspection otherwise. Apollo helps them with actionable insights to solve the underlying problems efficiently and effectively. All these advances in the modern digital technology will be transformative for the Operations & Maintenance and Asset Management industry. A new era of technology innovation driven by a digital transformation is looming around us. Adoption of technology led innovations such as Apollo will separate the leaders from the followers in the coming years.

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The moment you decide to build an application, you are faced with many decisions. Technology, business, design, marketing, branding-all these have a certain effect and influence on the success of your application. If you make the wrong decision, they can also have drastic consequences. The most expensive thing in any application development is technology.

Changing your view of the platform, technology, or application type late in the development process can cause hundreds of hours of work interruption and multiply the overall cost. However, if the problem is solved immediately, it will speed up application development and benefits from it can be reaped in the long run.

What All Matters When Choosing an Application Type?

The selection you make between native, hybrid, and web applications depends on many factors, and no two companies will have the same factors that triggers this decision in the same way.

Before understanding these factors though, let us first understand some key differences between native applications, hybrid applications, and web applications:

• Programming Languages: It can range from native device languages such as Switch and Java to web-based technologies with HTML, CSS, and JavaScript,
• Distribution Method: This defines the channel through which the application could be found conveniently – the application store or online web,
• Multi-Platform Support: This just means that different application types have different functions that run on iOS and Android,
• Access to Native Device APIs: This means that the app has the ability to use the native functions of the device and other available APIs.

Before we learn more about these key details of each application type, please make sure you know the following answers:

• How quickly do you need to develop or build your application?
• What functions and features do you need towards MVP / full-fledged application?
• What is the user experience that you want in your app?
• What is your overall budget?
• What do you want to accomplish with this application?
• What are your options for internal and outsourced software application development?

Native Applications:

Native mobile applications are written specifically for the platform or operating system (such as Android or iOS) using the native operating system language. For example, to develop a native Android application, you need to write code in Java or Kotlin; similarly, for an iOS native application, the code is written in Swift or Objective-C.

Advantages:

• Native applications can widely use the hardware of the device, such as the camera, GPS, microphone, compass, etc., as well as the functions of the operating system.
• Native apps utilize the device’s UI to provide the best customer experience.
• Native apps are specifically developed for platforms with a single focus which makes it faster and more intuitive.
• The native application has the characteristics of high performance, more reliability, and faster response, and provides the ultimate user experience, unmatched by other types of mobile apps.
• Native mobile application development is a future-oriented investment.

Disadvantages:

• The main disadvantage of choosing a native application is that it has a high upfront cost of development.
• Compared with other application types, native applications have the highest cost of ownership.
• Code written for the Android platform cannot be used in the iOS operating system and vice-versa.
• You need to hire different coders for each platform driving up the overall application cost.
• Every time there is an update, the user needs to download and reinstall the application.
• Native applications are also not suitable for companies that want to achieve faster time to market.

Web Applications:

Web applications are just websites that “feel” like applications because of their interactivity and functionality. They provide services over the Internet, they run in a browser, and cannot be downloaded to mobile devices like native applications.

Advantages:

• Can cater to a wide range of customers across regions and provide services across multiple types of devices.
• A single version of the website helps to improve SEO.
• The adaptive web application can be scaled and adapted to different screen sizes from tablets to smartphones.
• No need to customize web-based applications for specific platforms or operating systems. Hence, lower development costs.
• Users do not need to download or update web apps from the app store.

Disadvantages:

• Web applications are completely dependent on the browser used by the device, which means that the functions supported by one browser may not be available in another browser.
• Since web applications are the shell of the website, they cannot work completely offline.
• Even though the web application can choose the offline mode, it still needs an Internet connection to back up the data on the device, get new data or refresh the screen.
• Web applications may not always be integrated with the device hardware.
• You cannot sell web apps through the app store.

Hybrid Applications:

The hybrid mobile applications happen to be between the native applications and the web applications. They have the feel of a native app because they can be downloaded from the app store and displayed on the home screen, but they rely on rendering in a browser embedded inside the app.

Advantages:

• Compared with native applications, hybrid applications can be developed faster and are more cost-effective.
• Before the enterprise decides to build a native application, a hybrid application can act as a Minimum Viable Product (MVP).
• Hybrid apps load fast and are ideal for countries/regions with slow internet connections.
• Hybrid applications provide a streamlined and consistent user experience.
• Once the code is written, it can be used on multiple platforms.
• Since hybrid applications use a single code base, there is less code to maintain.
• The plug-in system helps applications access platform functions.

Disadvantages:

• Although hybrid apps look and feel like native apps, they lack functionality and speed, which is considered a hallmark of native apps.
• In hybrid applications, achieving excellent UX and navigation patterns is challenging.
• Hybrid applications need to download various elements, which can lead to increased loading time.
• Hybrid apps cannot access all device features and functions.

How to Choose One?

If you want to develop a mobile application for your business, the type of application you choose will depend on many factors. The following business requirements should help you choose your ideal mobile application.

• Need a High-Performance Mobile Application – In terms of performance, no other application type can match the native application experience. Next, in terms of performance are hybrid applications and web applications.
• Need to Use the Mobile App as Soon as Possible – If you put faster time to market first in your business plan, then native mobile application development should not be your ideal choice. You should invest in building a web application that takes the least time to develop and deploy.
• Limited Resources and Budget – If budget constraints limit your business, you must consider building web applications or hybrid applications. Hybrid applications can act as the MVP of your enterprise to test waters.
• Business Application Should be Fast and Stable – If performance and functionality are your top business priorities, then there is no way to solve it. All you need is a native application because it can provide you with speed, stability, and custom features, which are vital to your success.

Conclusion:

Each of these three types of applications has its own advantages and disadvantages, and the choices you make will affect your growth process. This is why the key to this process is to understand your assets and limitations and use them to get the best return in the form of an application.

After considering various options and making a decision, it is important to work with developers, who can visualize and put your ideas into practice based on your budget and the core goals of your business. It is important to work with a team that can support the knowledge and experience of the exact technology you choose so that your application can reach its full potential.

At Pratiti, we possess rich expertise in developing software applications on various platforms to best suit your business requirements. We are committed to making our customer’s digital journey as smooth as possible by collaborating, co-creating and co-innovating with them. If you are looking for an expert software application development company for your business, lets connect today!

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Both serverless and microservices technology have been designed to host highly scalable solutions. But they are not the same thing. In this blog, we will look at what serverless architecture is, its benefits, challenges and if Serverless Architecture is right for you?

A Brief History of App Development:

Like everything in technology, microservices and serverless are responses to specific problems. The traditional way to build web-based applications is to implement the monolithic architecture, which essentially consists of: i) A central database, ii) A web server and iii) A user interface. This required hosting the physical database and web server on-premises as well as employing an in-house technical team to maintain the architecture.

As the scale of the enterprise expands, this architecture becomes unscalable. Due to the high technical overheads, they were less adaptable, more resource-intensive and generally more expensive to manage. To overcome this problem, companies needed an agile, scalable, and cost-effective architecture while maintaining performance. These requirements have spawned serverless and microservice technologies that are designed to host highly scalable solutions.

So, What is Serverless Architecture?

Serverless architecture provides a way for companies to build and run applications without having to manage the infrastructure. It provides a way to remove architectural responsibilities from the workload, including provisioning, scaling or expansion, and maintenance. Scaling can be automatic; you only pay for what you use. The real meaning of serverless is that the organization does not need to invest or maintain physical hardware. Instead, you rely on a trusted third party to manage the maintenance of the physical infrastructure, including servers, networks, storage, etc. This method allows your organization to develop applications without managing infrastructure. A few popular third-party serverless platforms include i) AWS Lambda, ii) Microsoft Azure Functions and iii) Google Cloud Platform Functions

• A recent O’Reilly survey found that 40 percent of organizations adopted serverless architecture.
• Another 2020 survey found that 50% of AWS users were using the serverless function.
• The serverless market is expected to be at $7.7 billion at the end of 2021, up from $1.9 billion in 2016.

The main reasons behind the adoption include reduced costs, scalability, developer productivity, and more, per the chart below.

Serverless Includes Two Different Perspectives:

1. Function as a Service (FaaS):

   An evolved model that allows developers to run application code modules (functions) instantly without worrying about back-end infrastructure or system requirements.

2. Backend as a Service (BaaS):

   A model in which the entire back end of the system (database, storage, etc.) is processed independently and provided as a service. One can consider outsourcing back-end services to a third party for maintenance and management, allowing their organization to focus on development of core functions.

   On the notion of adopting serverless on a large scale by all most organizations, the research uncovered concerns about safety, fear of the unknown, and the lack of suitable employees. Since, serverless is relatively easier, team expertise and skilled competency is still required.

What are the Advantages of Using Serverless Architecture?

• The main advantage is that your developers can focus on core product development. They no longer need to be responsible for managing and operating servers. Components such as the network configuration or the physical security of the server are handled by the vendor, not your team.
• Decomposition drives have better observability-with serverless, you can decompose your application into smaller and smaller parts, called decomposition. In this way, you will get better observability throughout the application. For smaller parts, less knowledge is required to make changes or create bugs and fixes.
• Serverless is event-based-Serverless uses an event-based system instead of a stream-based system. Using an event-based architecture, each subsection of the application is independent. Events trigger each other. In stream-based services, each service has a connection. If a failure occurs, it will only affect the event and not the entire log.
• You can quickly deploy applications in a matter of hours because no infrastructure can overwhelm you. As the speed of deployment increases, so does scalability. By using such an agile architecture, you can be very flexible in the release. With serverless architecture you get faster deployment, greater flexibility and accelerated innovation.
• Because this is a faster process, you can accelerate innovation and this flexibility is especially valuable in emergency situations. In response to this pandemic, these types of scenes are spreading all over the world. The organization must change its focus to meet emerging needs.
• Since there are no servers, the organization is actually outsourcing server and database management, it reduces the cost of architecture. You are no longer responsible for the huge investment required for internal architecture management. Ultimately, your use case will define how much you can save.
• If your application has end users (and they might do), they have high expectations for the digital experience. If you no longer care about the architecture, then it will leave more time to deal with the user experience (UX). You cannot help but invest in the user interface, so serverless can provide you with a way to reallocate resources.

Challenges of Serverless Environments:

• Applications or functions that have been inactive for a long time may require a cold start to run, which requires more time and effort to initialize resources
• Sign long-term contracts with management third parties
• Business logic or technical changes may make the transition to other vendors challenging
• If/when adjacent tenants deploy error codes, the multi-tenant serverless platform may introduce performance issues or errors in the pooling platform

Is Serverless Architecture the Right Option for You Then?

Serverless architecture is just one more option for deploying applications. Being able to monitor and troubleshoot serverless is also critical. Of course, there are advantages and disadvantages of serverless architectures. Determining which architecture to go with comes down to analysing your company’s business goals and product scope. If cost and a quick deploy-to-market are your priorities, then serverless is a better option. Every industry, from manufacturing to finance to education to even government, can benefit from serverless architectures. Your employees and clients will be asking for serverless solutions sooner rather than later. For those looking to build event-based apps quickly and efficiently, serverless computing is the way to conserve resources, increase efficiency, and boost productivity. To know more about how we can engineer a serverless architecture for you, contact us today.

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