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Economics of Serverless Cloud Computing

Serverless is more than just hype; it has the potential to revolutionize the way we develop, build and operate applications in the cloud. Understanding the economics of serverless technology is vital to understanding its role in the world and its longer-term potential to disrupt the industry. In this report, we review these economics, pit the TCO of serverless against traditional virtual machines and containers, and compare pricing across the big four providers, namely AWS, Google, IBM and Microsoft.