⚡ Alibaba Cloud takes the crown in The Forrester Wave™: FaaS, Q2 2023, leading the pack in the current offering category. 👑
🎯 On Target 🎯
Authoritative consulting firm Forrester recently unveiled The Forrester Wave™: Functions-As-A-Service Platforms, Q2 2023. Alibaba Cloud hit the bullseye in 24 of the 40 assessment criteria with its Function Compute capabilities, securing a spot in the Leaders group.
Regarded worldwide, the Forrester Wave report is a stringent evaluation of the most competent vendors in the industry. The report assessed the top nine cloud vendors across 40 categories, including developer experience.
🔎 APAC Client Perspective 🔍
The Forrester report expresses that APAC clients perceive Alibaba Cloud Function Compute as a potent choice. The report notes, “Alibaba’s pricing models are highly granular, offering 1-millisecond billing increments for most instances and 1-second billing for GPUs. A superior user adoption strategy focusing on a diverse set of industry verticals, grassroots development communities, and Chinese tech enterprises has yielded millions of paying customers and an impressive client list full of international enterprises. Its product roadmap emphasizes open source community support and open standards, with upcoming support for GPU instances and better third-party observability support.”
💻 A Trailblazer in Serverless Tech 🚀
Alibaba Cloud has been a pioneer in serverless tech for many years and was the first to provide serverless computing services in China. In 2017, it debuted the country’s first FaaS product with millisecond-level elastic scalability—Function Compute. This fully managed computing service, centered on event-driven architecture, enables users to write and upload code, with Function Compute managing resources, running the code elastically and reliably, and providing complete observability. This greatly simplifies the development and operation process.
Function Compute supports over 100 cloud product event drivers, thereby reducing cloud usage complexity. Since its launch, Function Compute has aided thousands of companies in closing the technical gap and accelerating innovation.
📈 Real-World Success Stories 🌐
- Weibo: Weibo leverages Function Compute for image processing services, performing billions of personalized image processing tasks daily. This approach resulted in a 35% cost reduction.
- Century Mart: Since going All-On-Serverless in 2020, this traditional retailer experienced a doubling of business peak and a 30% improvement in R&D and operation efficiency, coupled with a 40% cost reduction.
- AutoNavi: Implementing a Serverless architecture to handle 100% of production traffic, AutoNavi managed to reduce function delivery time and overall cost by 38%.
🎉 AI Boom & Alibaba Cloud’s Response 🧠
This year, generative AI made a significant breakthrough. Function Compute quickly integrated comprehensive AIGC application cloud kits like Serverless Application Center and Serverless Devs to aid developers in serverless business realization. With an array of application templates and industry-first GPU pay-as-you-go capability, AIGC application development is now more straightforward.
🌐 The Alibaba Cloud Serverless Universe 🚀
At present, Alibaba Cloud’s portfolio includes over 30 Serverless products, such as Function Compute, Serverless App Engine, Serverless Kubernetes Service, PolarDB database, and more. Through this rich product matrix and exceptional scenario-based capabilities, Alibaba Cloud is poised to aid thousands of industries to innovate on the cloud.
💡 Learn More 🌐
For additional information, please visit: Alibaba Cloud Forrester Report
