The corona pandemic has shown that being able to adjust cost according to market demand is a core capability for a company. Serverless computing is the solution to the problem.
It’s of course too early to claim that we are a through the corona pandemic and things will be going back to as they were before. We really doubt that it ever will go back to the way it was before. Only in the past few months we have seen a huge change in how we work, all from running online meetings, a huge increase in number of digital events, how we collaborate etc.
Things that we saw in the market at the start of Covid-19 was of course cost cutting, freezing costs and postponing different initiatives and projects. Unfortunately, Covid-19 might be with us for a while so is this a long-term solution? Just looking back 6-7 months the market was entirely different than it is right now. We have also seen companies who have been booming during this period.
At TIQQE we reach out to 150 companies each month to get an understanding of where the market is and where it’s heading.
If we would highlight two interesting areas it would be the following:
High demand, lack of capacity causing downtime and lost business
When we have reached out to companies who are booming at the moment, companies with high demand struggle with the amount of load they need to handle. IT has challenges with handling the loads which in turn causes downtime and of course lost business. Is the answer then to scale up the infrastructure during this period?
Low demand, over capacity and cutting back costs
When speaking with customers who in one way or another have entered into a recession, their challenge is unused capacity. When looking at cost cuts it makes sense to cut it back but at the same time, how do they scale up once it picks up again?
The benefit with serverless
One of the main benefits with serverless is exactly that, you have a scalable, flexible IT which is adaptable over time no matter if it’s a recession or booming.
In uncertain times it’s important to take control over of what you can, define your prediction of the future might look like and make sure not to make decisions which could be a win on a short-term basis but be a loss in a long-term perspective.
At TIQQE this is exactly what we help our customers with, we help you find the right solution, which is scalable, flexible and adaptable to change no matter what the market situation is for you.
Please feel free to reach out to us if you have questions or need to scale your business to address the higher or lower demand.
