Serverless Computing - the next generation of cloud computing - has fundamentally changed the way application backends are handled. Applications can now be developed with greater cost efficiency, scalability, security and reliability.
Traditional server structures with server hardware in racks will soon be a thing of the past. The breakthrough in server technology began in 2000, when VMware’s virtualization technology enabled multiple server instances to be installed on a single physical machine. This allowed applications to run completely separate from other applications with independent computing resources on virtual private servers (VPS). This improved utilization of hardware resources meant that new applications could be installed more smoothly and at lower cost.