Serverless computing

AWS Announces Three Serverless Innovations to Help Customers Analyze and Manage Data at Any Scale

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Tuesday, November 28, 2023
Data Management, Consumer Electronics, Carriers and Services, Technology, Security, Other Technology, Software, Artificial Intelligence, Networks, Internet, Hardware, AWS Lambda, Organization, Data management, Amazon S3, Genesys, Analysis, Internet of things, Amazon (company), Artificial intelligence, Running, Database, Memcached, Intelligence, Machine learning, Redis, Serverless computing, Amazon ElastiCache, Data infrastructure, S3, Memory, AMZN, Amazon Redshift, Workload, Redshift, AWS, Online shopping, Cryptocurrency, Computer data storage, Amazon, Peloton, Amazon Aurora

AWS is also releasing a new Amazon Redshift Serverless capability that uses artificial intelligence (AI) to predict workloads and automatically scale and optimize resources to help customers meet their price-performance targets.

Key Points: 
  • AWS is also releasing a new Amazon Redshift Serverless capability that uses artificial intelligence (AI) to predict workloads and automatically scale and optimize resources to help customers meet their price-performance targets.
  • The dynamic nature of data makes it perfectly suited to serverless technologies, which is why AWS offers a broad range of serverless database and analytics offerings that help support our customers' most demanding workloads.
  • To get the most value out of this data, these companies need an end-to-end strategy that can help them analyze and manage the data at any scale.
  • Amazon ElastiCache Serverless automatically replicates data across multiple Availability Zones and provides customers with 99.99% availability for all workloads.

Cloud Native Technologies Market to Reach $53.58 Billion by 2032 at 23.8% CAGR: Allied Market Research

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Monday, December 4, 2023
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NEW CASTLE, Del., Dec. 4, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Cloud Native Technologies Market by Component Type (Hardware, Software, and Services), Deployment Mode (Public Cloud, Private Cloud, and Hybrid Cloud), Organizational Size (Large Enterprises and Small & medium-sized Enterprises), and Industry vertical (BFSI, Retail, Manufacturing, Healthcare, and Others): Global Opportunity Analysis and Industry Forecast, 2023–2032". According to the report, the global cloud native technologies industry generated $6.5 billion in 2022 and is anticipated to generate $ 53.6 billion by 2032, witnessing a CAGR of 23.8% from 2023 to 2032.  

Key Points: 
  • Companies prioritized cloud-native technologies to enable scalability, flexibility, and remote accessibility, which helped them maintain business continuity during lockdowns.
  • Companies, under the constraints of the pandemic, realized the importance of cloud-native technologies for flexibility and resilience.
  • The growth of SMEs globally is a primary factor contributing to the expansion of the cloud native technologies market.
  • By industry vertical, the BFSI segment held the highest market share in 2022, accounting for more than one-fourth of the global cloud native technologies market revenue, attributable to cloud native architectures.

Cloud Native Technologies Market to Reach $53.58 Billion by 2032 at 23.8% CAGR: Allied Market Research

Retrieved on: 
Monday, December 4, 2023
AWS Lambda, Logic, Chart, Investment, PDF, Traction, SME, Serverless computing, COVID-19, Table, Freedom, Happiness, Growth, AWS, Video game, Kubernetes

NEW CASTLE, Del., Dec. 4, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Cloud Native Technologies Market by Component Type (Hardware, Software, and Services), Deployment Mode (Public Cloud, Private Cloud, and Hybrid Cloud), Organizational Size (Large Enterprises and Small & medium-sized Enterprises), and Industry vertical (BFSI, Retail, Manufacturing, Healthcare, and Others): Global Opportunity Analysis and Industry Forecast, 2023–2032". According to the report, the global cloud native technologies industry generated $6.5 billion in 2022 and is anticipated to generate $ 53.6 billion by 2032, witnessing a CAGR of 23.8% from 2023 to 2032.  

Key Points: 
  • Companies prioritized cloud-native technologies to enable scalability, flexibility, and remote accessibility, which helped them maintain business continuity during lockdowns.
  • Companies, under the constraints of the pandemic, realized the importance of cloud-native technologies for flexibility and resilience.
  • The growth of SMEs globally is a primary factor contributing to the expansion of the cloud native technologies market.
  • By industry vertical, the BFSI segment held the highest market share in 2022, accounting for more than one-fourth of the global cloud native technologies market revenue, attributable to cloud native architectures.

Datadog Expands Observability and Security Support for AWS Serverless Workloads

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Monday, November 27, 2023
AWS Lambda, Step function, Product management, Heaviside step function, Serverless computing, Amazon Web Services, DevOps, UI, Yellow card, CISO, Node, LAS, AWS, Risk management, Python, Datadog

LAS VEGAS, Nov. 27, 2023 /PRNewswire/ -- Datadog, Inc. (NASDAQ: DDOG), the monitoring and security platform for cloud applications, today announced expanded security and observability support for AWS serverless applications built on AWS Lambda and Step Functions services. The functionality announced today at AWS re:Invent helps AWS Lambda and Step Functions users detect security threats, get a high-level overview of how their state machine is performing at a single point in time and monitor services instrumented with OpenTelemetry.

Key Points: 
  • New functionality helps AWS Lambda and Step Functions users leverage services instrumented with OpenTelemetry, troubleshoot issues faster, and detect security threats and vulnerabilities
    LAS VEGAS, Nov. 27, 2023 /PRNewswire/ -- Datadog , Inc. (NASDAQ: DDOG), the monitoring and security platform for cloud applications, today announced expanded security and observability support for AWS serverless applications built on AWS Lambda and Step Functions services.
  • This provides teams with improved visibility into their serverless applications so they can efficiently troubleshoot any issues.
  • Threat Detection for Serverless Applications Deployed on AWS Lambda Functions : The new support enables both DevOps and security engineers to detect and protect against attacks targeting their applications running on AWS Lambda functions.
  • "By providing full visibility into serverless applications on AWS Lambda, Datadog Application Security Management's threat detection capability helps DevOps and security teams understand and prioritize the risks and attacks associated with their serverless applications so that they can work to resolve and mitigate any potential breach."

Datadog Expands Strategic Partnership with Google Cloud and Integrates with Vertex AI

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Wednesday, November 8, 2023
Cloud, Serverless computing, Health, Corporation, Synthetic media, PostgreSQL, MySQL, SQL Server, Google Cloud, API, Command, Partnership, Machine learning, ML, AI, Memory, Medical device, Network equipment provider, Datadog

NEW YORK, Nov. 8, 2023 /PRNewswire/ -- Datadog, Inc. (NASDAQ: DDOG), the monitoring and security platform for cloud applications, today announced an expanded strategic partnership with Google Cloud, which enables Google Cloud customers to proactively observe and secure their cloud-native and hybrid applications within Datadog's unified platform. As part of the expanded partnership and integrations, Datadog is one of the first AI/ML observability solution partners for Vertex AI, allowing AI ops teams and developers to monitor, analyze and optimize the performance of their machine learning models in production.

Key Points: 
  • "Google Cloud continues to be a key partner for Datadog as we jointly help global businesses observe and secure their cloud applications," said Yrieix Garnier, VP of Product at Datadog.
  • "The new Vertex AI integration expands this partnership and gives AI and ML developers full observability into their production applications built on Vertex AI.
  • Other new and expanded Google Cloud integrations that were recently announced include:
    Serverless monitoring : Datadog now offers in-depth support for Google Cloud Run— the leading serverless compute technology on Google Cloud .
  • Google Cloud Ready - Cloud SQL : Datadog has earned the Google Cloud Ready designation for the Google Cloud SQL integration, providing visibility into the performance and health of Cloud SQL to customers.

Datadog Announces Third Quarter 2023 Financial Results

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Tuesday, November 7, 2023
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NEW YORK, Nov. 7, 2023 /PRNewswire/ -- Datadog, Inc. (NASDAQ:DDOG), the monitoring and security platform for cloud applications, today announced financial results for its third quarter ended September 30, 2023.

Key Points: 
  • Strong growth of larger customers, with about 3,130 $100k+ ARR customers, up from about 2,600 a year ago
    NEW YORK, Nov. 7, 2023 /PRNewswire/ -- Datadog, Inc. (NASDAQ:DDOG), the monitoring and security platform for cloud applications, today announced financial results for its third quarter ended September 30, 2023.
  • With our unified, cloud-native, end-to-end observability and security platform, Datadog is uniquely positioned to help our customers reach their goals."
  • Third Quarter 2023 Financial Highlights:
    Revenue was $547.5 million, an increase of 25% year-over-year.
  • Fourth Quarter and Full Year 2023 Outlook:
    Based on information as of today, November 7, 2023, Datadog is providing the following guidance:
    Revenue between $564 million and $568 million.

Aqua Security Granted Patent for Innovative Technology to Secure Serverless Container Environments

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Wednesday, November 1, 2023
Cloud, VM, Linux, Serverless computing, Patent, Azure, Security, Senior, AWS, Running, Elasticity, ACI, Telemetry, OpenShift, Content as a service, Video game, Cryptocurrency, Aqua

BOSTON, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Aqua Security , the pioneer in cloud native security, today announced that it was​​ granted a patent (11762986) for its MicroEnforcer technology to secure serverless containers, sometimes referred to as container-as-a-service (CaaS), environments.

Key Points: 
  • BOSTON, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Aqua Security , the pioneer in cloud native security, today announced that it was​​ granted a patent (11762986) for its MicroEnforcer technology to secure serverless containers, sometimes referred to as container-as-a-service (CaaS), environments.
  • The patent was submitted when Aqua first launched this capability in 2018 and it has now been granted.
  • Since launching this capability in 2018, Aqua MicroEnforcer technology has been used by many of Aqua’s Fortune 500 customers to secure millions of running containers.
  • Visit Aqua’s website to learn more about Aqua’s MicroEnforcer technology and the newly granted patent.

Predibase Launches New Offering to Fine-tune and Serve 100x More LLMs at No Additional Cost – Try Now with LLaMA-2 for Free

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Tuesday, October 24, 2023
Internet, Data Management, Technology, Artificial Intelligence, Software, Cloud, Workload, LLM, Serverless computing, Data, A100, Organization, Entrepreneurship, SDK, GPU, Privacy, Graphics processing unit, Logic, Video game, Cryptocurrency

This new offering enables developers to train smaller, task-specific LLMs using even the cheapest and most readily available GPU hardware within their cloud.

Key Points: 
  • This new offering enables developers to train smaller, task-specific LLMs using even the cheapest and most readily available GPU hardware within their cloud.
  • This approach is so efficient that Predibase can now offer unlimited fine-tuning and serving of LLaMA-2-13B for free in a 2-week trial.
  • Dynamically served LLMs can be packed with hundreds of other specialized fine-tuned LLMs, resulting in over 100x cost reduction compared with dedicated deployments.
  • "We adopted Predibase to save our team months of effort developing infrastructure for training and serving complex open-source LLMs.

Omdia: Serverless is the largest enterprise spend in cloud native computing

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Tuesday, October 10, 2023
AWS, CNC, Serverless computing, Red Hat, Database, Maintenance, Cloud computing, Architecture, DevOps, Function as a service, Video game, Renewable energy, Kubernetes

LONDON, Oct. 10, 2023 /PRNewswire/ -- New data from Omdia's CNC Tracker , a pioneering analysis of the cloud native computing (CNC) market has found that serverless computing is dominating the CNC market, and that serverless is forecast to continue its dominance, growing its market share over next five years.

Key Points: 
  • LONDON, Oct. 10, 2023 /PRNewswire/ -- New data from Omdia's CNC Tracker , a pioneering analysis of the cloud native computing (CNC) market has found that serverless computing is dominating the CNC market, and that serverless is forecast to continue its dominance, growing its market share over next five years.
  • Serverless computing, that includes function-as-a-service (FaaS), is a cloud service where the hardware infrastructure is hidden from users, so that they do not have to be concerned with provisioning, administration, and maintenance of infrastructure.
  • Serverless services cloud providers have extended the range of serverless beyond FaaS to include other infrastructure in serverless mode such as database and storage.
  • Omdia Senior Principal Analyst Michael Azoff said: "Serverless is the unrecognized leading technology in cloud native computing.

Global Serverless Architecture Market Report 2023:Market to Surpass $30 Billion by 2028 - Increasing Digital-Centric Business Models Driving Adoption

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Monday, October 9, 2023
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DUBLIN, Oct. 9, 2023 /PRNewswire/ -- The "Serverless Architecture Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Oct. 9, 2023 /PRNewswire/ -- The "Serverless Architecture Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
  • Looking forward, the market is projected to reach US$ 30.2 Billion by 2028, exhibiting a growth rate (CAGR) of 17.8% during 2023-2028.
  • Serverless architecture is a software design technique allowing developers to create and execute services without managing the underlying infrastructure.
  • What is the structure of the global serverless architecture market and who are the key players?