Philadelphia, PA – December 2, 2021 – Goliath Technologies, a leader in end-user experience monitoring and troubleshooting software for hybrid cloud environments, announced today the release of its groundbreaking Goliath Multi-Cloud Monitor offering.

We’ve all heard the proverb “necessity is the mother of invention.” But have you stopped to consider how very true that is for enterprise applications? Docker invented the lightweight container runtime to answer the needs of agile development teams building cloud native apps. The growing ubiquity of containers necessitated the invention of a way to manage them in large numbers across fleets of machines—what we now know as Kubernetes.

Fourteen billion dollars – that’s the projected global market size for serverless, which is supposed to grow by about 26 percent annually in the next few years, according to the recent Global Serverless Architecture Market report. The fast pace of adoption of serverless is hardly surprising because the technology can save significant costs for companies. It can enable them to build and deploy software and digital products without providing and maintaining any virtual or physical servers.

Organizations using Amazon Web Services (AWS) cloud traditionally leveraged Reserved Instances (RI) to realize cost savings by committing to the use of a specific instance type and operating system within the AWS region. Nearly 2 years ago, AWS rolled out a new program called Savings Plans, which give companies a new way to reduce costs by making an advanced commitment of a one-year or three-year fixed term.