Understanding and Controlling AWS Lambda Costs

1

Serverless

Expect a price war soon. The serverless FaaS model is already heading towards a degree of organic standardization when it comes to features and interfaces, helped by frameworks like the Serverless Framework. Once serverless FaaS becomes a commodity cloud service, providers may only have room to compete on pricing. We can already see that Google has chosen different rates than Amazon and Microsoft, opting for a lower GB-sec rate but a higher per-request rate. In the future, some things we could conceivably expect are native spot (preemptible) pricing for serverless FaaS, and a lower slope to the cost curves shown in the earlier chart.

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2

Google Cloud Functions

Others in this product class include Google Cloud Functions and Azure Functions, both of which share the same billing model as Lambda, but with different rates and service limits.

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3

Microsoft Azure Functions

Others in this product class include Google Cloud Functions and Azure Functions, both of which share the same billing model as Lambda, but with different rates and service limits.

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4

AWS Lambda

AWS Lambda is the archetype of a class of cloud computing products called serverless functions-as-a-service, or FaaS.

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