Serverless Computing: Optimizing Resource Utilization and Cost Efficiency

Serverless computing has emerged as a transformative paradigm in cloud infrastructure, offering organizations the ability to scale their applications dynamically without the burden of managing underlying servers. By abstracting away the provisioning and scaling of infrastructure, serverless computing enables developers to focus on building and deploying their applications, while the cloud provider handles the auto- scaling, load balancing, and fault tolerance. This paper examines the key benefits and challenges of serverless computing, with a particular emphasis on optimizing resource utilization and cost efficiency. The findings suggest that serverless computing can lead to significant improvements in resource utilization and cost savings, but organizations must also address challenges related to cold starts, vendor lock-in, and monitoring complexity to fully realize the potential of this cloud computing paradigm.