LIBRA: An Economical Hybrid Approach for Cloud Applications with Strict SLAs

Function-as-a-Service (FaaS) has recently emerged to reduce the deployment cost of running cloud applications compared to Infrastructure-as-a-Service (IaaS). FaaS follows a serverless “pay-as-you-go” computing model; it comes at a higher cost per unit of execution time but typically application functions experience lower provisioning time (startup delay). IaaS requires the provisioning of Virtual ...