How much of your technology budget is wasted on unused product capabilities?
The average business only uses about 20% of the available features in the technologies they buy. But, every company’s 20% represents a unique configuration of capabilities, and the features an organization uses one month may not be the same the next, depending on what challenges they’re trying to address. An emerging technology architecture called microservices (also called composable technology, flexible consumption, and containerization) makes capabilities available in small feature bundles rather than lumping huge groups of features into licenses or cloud services tiers. The unique flexibility of microservices architectures allows companies to build their own technologies by composing a product made up of only the capabilities they need and dynamically making changes to suit their environment as it shifts. Microservices also enable microtransactions-based billing, which means you only pay for features you use and many capabilities are billed based on how much they are used.
What is Microservices?
An emerging technology architecture called microservices (also called composable technology, flexible consumption, and containerization) makes capabilities available in small feature bundles rather than lumping huge groups of features into licenses or cloud services tiers. The unique flexibility of microservices architectures allows companies to build their own technologies by composing a product made up of only the capabilities they need and dynamically making changes to suit their environment as it shifts. Microservices also enable microtransactions-based billing, which means you only pay for features you use and many capabilities are billed based on how much they are used.
Microservices Allow You To:
Though an emerging technology architecture, microservices are already changing the nature of tech purchasing for businesses. No more paying for unused features and no overhead going wasted by overpaying for little-used features. Microservices allow you to:
Turn features on/off as needed, so your technology flexibly adapts as your business needs change.
Pay only for the features you use, and leverage usage-based pricing on most capabilities like process automation and Artificial Intelligence (AI).
Get ahead of competitors by choosing smarter technologies that are better positioned for future innovation.
