There is an additional factor that helps fine tune costs while growing or shrinking to meet demand. Many serverless dashboard applications auto-scale. Storage and compute power change dynamically without human intervention to keep reports running smoothly.
Large datasets and user demand do not need to slow down your reports. Latency becomes a thing of the past, giving you up to date results and eliminating yet another leg of the infinite loop.
When resources are no longer needed, your applications spool down resources based on preset guidelines. This gives you the ability to reduce cost while ensuring that unanticipated spikes in resource use are accounted for.
3. Faster to develop
Cost savings are just one of the benefits of a serverless deployment. As analysts no longer need to rely as heavily on data engineers and the support of infrastructure specialists, the time to develop dashboards shrinks drastically.
Instant aggregation and ingestion means that, in an ideal world, the only tickets you file with engineers are to fix and acquire more data. Infrastructure at the click of a button makes access to tools virtually seamless.
The infinite loop becomes a simple circle. Previously stressful time-consuming practices turn into manageable processes.
The benefits of serverless reporting platforms do not end once analysts have an account and deploy dashboards. They last as long as you use the tools and support your visuals.
Having to share data between users through an additional application may help popular platforms make money. They do not, however, give you or your team instant feedback. Instead, changes become part of a complex ecosystem.
Entirely serverless applications create an instant and constant feedback loop. Stakeholders ask questions that analysts answer with changes that are available as soon as they are implemented.
5. Highly secure
While it can seem like placing faith in a cloud provider makes your analytics tools less secure. However, the opposite is actually true. Serverless dashboards place the burden of security on a knowledgeable third party.
Cloud providers manage much of your infrastructure, including security updates and patches. You don’t have to worry about managing security yourself, instead relying on a third party whose name rests on being both available and safe.
If anything, data governance becomes a matter of a few SQL statements or UI changes. Most analytic tools offer user management. Serverless solutions are no exception.
The Result: Faster and cheaper time to insight
A sheer volume of features, capabilities, and benefits means that serverless bi applications have the power to speed up time to insight as much as 68 percent. The benefits of a serverless tool do not stop once everyone has an account and is ready to start producing stunning visuals. They last as long as you use your chosen platform.
Serverless tools with online visualizations cut through the infinite loop sandwiching developers between management and engineering. Analysts and CEOs alike can build on data available as soon as it is ingested within a platform created at the click of a button.