Microservices are quickly becoming popular in financial organizations and eCommerce. But, it is important to determine whether microservices are fit for your organization.
Scaling and changing large applications can be difficult. On the other hand, the task is much simpler when smaller components are involved. At this point, microservices are great and quick solution. In simpler term; microservices refer to splitting up the big monolithic applications to create really small, loosely components that are coupled.
As a result, changing and scaling applications is easy. As an organization, if you desire to deploy in a super fast manner or effect changes on the system in a really quick way, microservices are the answer. Companies should take cue from renowned organizations such as Netflix, Amazon and Uber — these are able to make tons of hundred changes on a daily basis by adopting microservices.
How does open source complement microservices? By choosing microservices, the need for substantial application infrastructure support will also arise — since it would be necessary to leverage tools for communication management between services, plus the need to accomplish auditing, logging, monitoring, as well as service discovery.
Before now, a lot of the tooling was based on the open source technologies. A number of organizations took advantage of the open source tools in a combined component to design their own microservices platform. However, as established cloud vendors natively support these features on their platform, this is starting to change.
The sectors that are massively using this architecture heavily include ecommerce platforms and online retail companies such as Amazon. The BFSI sector is another sector that is heavily leveraging this infrastructure. This industry sits on tons of legacy applications. Besides, the present day banking requires digital business technologies support — example is mobility as well as loT. The model involved requires systems to feature a design that is service-oriented.
According to experts, chief technology officers and entrepreneurs seeking to integrate microservices should pay attention to the following;
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