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Can serverless fix fintech’s scaling problem?

CIO

Technology leaders in the financial services sector constantly struggle with the daily challenges of balancing cost, performance, and security the constant demand for high availability means that even a minor system outage could lead to significant financial and reputational losses. Cost forecasting. Legacy infrastructure. Vendor lock-in.

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Webiny nabs $3.5M seed to build serverless development framework on top of serverless CMS

TechCrunch

Webiny , an early-stage startup that launched in 2019 with an open-source, serverless CMS, had also developed a framework to help build the CMS, and found that customers were also interested in that to help build their own serverless apps. Serverless and containers: Two great technologies that work better together.

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Berlin’s Tilo raises seed round to tackle unstructured data sets with a serverless platform

TechCrunch

Tilo’s data infrastructure tool TiloRes says it helps companies match data points from different sources and formats, by being both serverless and doing it in near real-time and at scale, claims the company. Because it’s serverless, the costs scale with the usage, making it cheaper than server-based solutions.

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Upstash snags $1.9M seed to build serverless data platform for Redis and Kafka

TechCrunch

That’s where serverless plays best — you only pay for the resources when you’re using them, not when they’re sitting idle. As Upstash founder and CEO Enes Akar explained, just to set up the database infrastructure in the cloud costs hundreds of dollars a month, even before you start moving data through your system.

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Product Transformation: Adapting Your Solutions for Cloud Models

Speaker: Ahmad Jubran, Cloud Product Innovation Consultant

Those previous architectures, which were optimized for transactional systems, aren't well-suited for the new age of AI. In this webinar, you will learn how to: Take advantage of serverless application architecture. Optimize serverless and managed data processing pipelines.

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Faultless with serverless: Cloud best practices for optimized returns

CIO

As enterprises increasingly embrace serverless computing to build event-driven, scalable applications, the need for robust architectural patterns and operational best practices has become paramount. This is exactly why organizations have shown an increased inclination towards serverless computing.

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Breaking AWS Lambda: Chaos Engineering for Serverless Devs

Dzone - DevOps

The Day Our Serverless Dream Turned into a Nightmare It was 3 PM on a Tuesday. Our "serverless" order processing system built on AWS Lambda and API Gateway was humming along, handling 1,000 transactions/minute. Our resilient serverless setup had no fallbacks, retries, or plans for chaos. Then, disaster struck.

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