Business leaders are loving microservices The shift towards microservices, facilitated by the Cloud, has created opportunities for organisations to be more responsive and flexible. This agility is seen in the behaviour of many industry leaders. One example of this is the release of multiple micro-changes to their software every day. Google release changes 50,000 times a day. GiffGaff, a large telecommunications company in the UK, releases changes 2,000 times a day. This happens very subtly – users may not even recognise that an app has updated. Armano remarks on social media usage of microservices in his Forbes piece: “Facebook is famous for ‘beta testing’ platform features with test groups before rolling out significant new features to mass audiences”. If major business are making use of microservices, there’s no reason why you shouldn’t see them as a potential solution to improving your finance processes. What can they do for you? Let’s cut to the chase. Why should you bother with microservices? Well, Microsoft outlines the benefits as follows: “Each microservice has an autonomous lifecycle and can evolve independently and deploy frequently. You don’t have to wait for a quarterly release to deploy a new feature or update. You can update a small area of a complex application with less risk of disrupting the entire system. Each microservice can scale independently. Instead of scaling the entire application as a single unit, you scale out only those services that require more processing power or network bandwidth. This fine-grained approach to scaling provides for greater control of your system and helps to reduce overall costs as you scale portions of your system, not everything.” I’d say that this explanation makes one thing pretty clear: if you haven’t yet considered microservices architecture for your finance processes – you probably should. Where to go next If you want to learn more about microservices, cloud technology or other topics to do with agile and hybrid working, read our full research report on Transformational Journeys: Finance and the Agile Organisation. To access the full report, please click on the button below. Access Research Report
The post The MasterMind Series: What are Microservices? appeared first on Generation CFO.
By: Olivia Wing
Title: The MasterMind Series: What are Microservices?
Sourced From: generationcfo.com/the-mastermind-series-what-are-microservices/
Published Date: Mon, 10 Jan 2022 16:37:46 +0000