Frost Radar™: Global Serverless Market, 2022
Published on: 18-Nov-2022 | SKU: IT04618-GL-MR_27131

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Serverless capabilities simplify and streamline enterprises’ ability to develop and deploy cloud applications. In serverless architecture, code is deployed on a server when needed without requiring a technician to allocate or manage the server capacity. Serverless computing helps developers move from developing monolithic applications to lightweight, modern development processes. Serverless computing automates the application deployment, allowing developers to focus on developing code. The application development process is more efficient and reduces the overall cost of running the applications. Major cloud service providers offer serverless computing to customers, with several niche players providing solutions portfolios that target specific verticals. Although the basic abstraction technology remains largely the same across provider offerings, participants differentiate themselves by adding new features to their serverless platforms and expanding serverless functionality to analytics, databases, and artificial intelligence and machine learning services. The serverless computing market is in a growth stage. Leading cloud providers dominate the market, which includes several startups entering the fray with unique solution offerings. Serverless computing is forecast to see significant growth as the compute market moves from hypervisor-based to serverless architecture. In a field of global participants offering serverless capabilities, Frost & Sullivan independently plotted the top 8 companies in this Frost Radar™ analysis: Google, Microsoft, IBM, AWS, Tencent, DigitalOcean, Lightbend, and Oracle. The report presents the competitive profiles of each company based on their strengths, opportunities and a small discussion on their positioning. Frost & Sullivan analyzes numerous companies in an industry and benchmarks them across 10 criteria on the Frost Radar™, where the leading companies in the industry are then positioned.

Strategic Imperative

Strategic Imperative (continued)

Growth Environment

Growth Environment (continued)

Frost Radar™: Serverless Market

Frost Radar™: Competitive Environment

Frost Radar™: Competitive Environment (continued)

Frost Radar™: Competitive Environment (continued)

Frost Radar™: Competitive Environment (continued)

Amazon Web Services (AWS)

DigitalOcean

Google

IBM

Lightbend

Microsoft

Oracle

Tencent

Strategic Insights

Significance of Being on the Frost Radar™

Frost Radar™ Empowers the CEO’s Growth Team

Frost Radar™ Empowers Investors

Frost Radar™ Empowers Customers

Frost Radar™ Empowers the Board of Directors

Frost Radar™: Benchmarking Future Growth Potential

Frost Radar™: Benchmarking Future Growth Potential

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Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform

Growth Index

Growth Index (GI) is a measure of a company’s growth performance and track record, along with its ability to develop and execute a fully aligned growth strategy and vision; a robust growth pipeline system; and effective market, competitor, and end-user focused sales and marketing strategies.

  • Market Share (previous 3 years)
    This is a comparison of a company’s market share relative to its competitors in a given market space for the previous 3 years.
  • Revenue Growth (previous 3 years)
    This is a look at a company’s revenue growth rate for the previous 3 years in the market/industry/category that forms the context for the given Frost Radar™.
  • Growth Pipeline
    This is an evaluation of the strength and leverage of a company’s growth pipeline system to continuously capture, analyze, and prioritize its universe of growth opportunities.
  • Vision and Strategy
    This is an assessment of how well a company’s growth strategy is aligned with its vision. Are the investments that a company is making in new products and markets consistent with the stated vision?
  • Sales and Marketing
    This is a measure of the effectiveness of a company’s sales and marketing efforts in helping it drive demand and achieve its growth objectives.

Innovation Index

Innovation Index (II) is a measure of a company’s ability to develop products/ services/ solutions (with a clear understanding of disruptive Mega Trends) that are globally applicable, are able to evolve and expand to serve multiple markets and are aligned to customers’ changing needs.

  • INNOVATION SCALABILITY
    This determines whether an organization’s innovations are globally scalable and applicable in both developing and mature markets, and also in adjacent and non-adjacent industry verticals.
  • RESEARCH AND DEVELOPMENT
    This is a measure of the efficacy of a company’s R&D strategy, as determined by the size of its R&D investment and how it feeds the innovation pipeline.
  • PRODUCT PORTFOLIO
    This is a measure of a company’s product portfolio, focusing on the relative contribution of new products to its annual revenue.
  • MEGATRENDS LEVERAGE
    This is an assessment of a company’s proactive leverage of evolving, long-term opportunities and new business models, as the foundation of its innovation pipeline.
  • CUSTOMER ALIGNMENT
    This evaluates the applicability of a company’s products/services/solutions to current and potential customers, as well as how its innovation strategy is influenced by evolving customer needs.

Significance of Being on the Frost Radar™

Companies plotted on the Frost RadarTM are the leaders in the industry for growth, innovation, or both. They are instrumental in advancing the industry into the future.

  • GROWTH POTENTIAL
    Your organization has significant future growth potential, which makes it a Company to Action.
  • BEST PRACTICES
    Your organization is well positioned to shape Growth Pipeline™ best practices in your industry.
  • COMPETITIVE INTENSITY
    Your organization is one of the key drivers of competitive intensity in the growth environment.
  • CUSTOMER VALUE
    Your organization has demonstrated the ability to significantly enhance its customer value proposition.
  • PARTNER POTENTIAL
    Your organization is top of mind for customers, investors, value chain partners, and future talent as a significant value provider.

Have questions about this research or need deeper insights?
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A tailored session with you where we identify the:
  • Strategic Imperatives
  • Growth Opportunities
  • Best Practices
  • Companies to Action

Impacting your company's future growth potential.

Serverless capabilities simplify and streamline enterprises’ ability to develop and deploy cloud applications. In serverless architecture, code is deployed on a server when needed without requiring a technician to allocate or manage the server capacity. Serverless computing helps developers move from developing monolithic applications to lightweight, modern development processes. Serverless computing automates the application deployment, allowing developers to focus on developing code. The application development process is more efficient and reduces the overall cost of running the applications. Major cloud service providers offer serverless computing to customers, with several niche players providing solutions portfolios that target specific verticals. Although the basic abstraction technology remains largely the same across provider offerings, participants differentiate themselves by adding new features to their serverless platforms and expanding serverless functionality to analytics, databases, and artificial intelligence and machine learning services. The serverless computing market is in a growth stage. Leading cloud providers dominate the market, which includes several startups entering the fray with unique solution offerings. Serverless computing is forecast to see significant growth as the compute market moves from hypervisor-based to serverless architecture. In a field of global participants offering serverless capabilities, Frost & Sullivan independently plotted the top 8 companies in this Frost Radar™ analysis: Google, Microsoft, IBM, AWS, Tencent, DigitalOcean, Lightbend, and Oracle. The report presents the competitive profiles of each company based on their strengths, opportunities and a small discussion on their positioning. Frost & Sullivan analyzes numerous companies in an industry and benchmarks them across 10 criteria on the Frost Radar™, where the leading companies in the industry are then positioned.
More Information
Deliverable Type Frost Radar
Industries Information Technology
No Index No
Is Prebook No
Podcast No
WIP Number K677-01-00-00-00

Frost Radar™: Global Serverless Market, 2022

Information TechnologyFrost Radar™: Global Serverless Market, 2022

A Benchmarking System to Spark Companies to Action – Innovation That Fuels New Deal Flow and Growth Pipelines

RELEASE DATE
18-Nov-2022
REGION
Global
Deliverable Type
Frost Radar
Research Code: K677-01-00-00-00
SKU: IT04618-GL-MR_27131
AvailableYesPDF Download
$4,950.00
In stock
SKU
IT04618-GL-MR_27131