Glossary

Serverless computing

Also called Serverless, Functions as a service.

Definition

Serverless computing is a cloud model where the provider runs your code or service on demand and manages the servers underneath, charging for actual use rather than reserved capacity.

Why it matters when you’re buying

It removes capacity planning and suits spiky or event-driven work. At steady high volume, per-use pricing can cost more than reserved capacity, and the services around your code tend to be specific to one provider.

How it relates to other terms

Containers are the usual alternative for steady workloads, and FinOps practice helps compare the two on real usage.

Where to go next

Written by Techarda editors · Updated . Think a definition is wrong or missing something? Email engage@techarda.com. All terms.