Energy-Efficient and Cost-Optimized Serverless Computing: Strategies, Challenges, and Future Directions

Abstract

Serverless computing has emerged as a transformative cloud paradigm, offering organizations a cost-efficient, scalable, and operationally simplified alternative to traditional infrastructure. With the global serverless computing market projected to reach $36.84 billion by 2028, its adoption is accelerating across industries. However, as serverless workloads continue to grow, so does their environmental impact. Data centers already account for 1% of global electricity consumption, and energy-efficient serverless computing has become a critical research area.

This talk explores the intersection of energy efficiency and cost-effectiveness in serverless computing, presenting innovative strategies for workload optimization, energy-aware autoscaling, and green energy integration. By leveraging predictive scaling algorithms, organizations can reduce energy consumption by up to 40% while maintaining performance. Hardware-software co-design, including ARM-based processors, has demonstrated 30% higher energy efficiency in serverless workloads. Additionally, optimized function chaining and data-aware orchestration can cut energy costs by 25% by minimizing redundant data transfers.

The session will also discuss cutting-edge energy-aware pricing models, where carbon-aware serverless pricing could incentivize up to 50% reduction in energy waste. Real-world case studies will highlight how organizations have achieved cost reductions of up to 60% through dynamic serverless resource allocation and energy profiling tools. Attendees will gain insights into standardized benchmarking methodologies, the challenges of multi-tenant energy measurement, and the need for regulatory compliance in sustainable cloud computing.

As organizations seek to balance cost, performance, and environmental responsibility, this session will provide actionable insights into designing serverless applications that are not only cost-effective but also carbon-conscious, setting the stage for the next era of sustainable cloud computing.