The concept of the Iron Triangle—where the sides are Fast, Good, and Cheap—is one with which IT project managers are very familiar. Developers have long accepted that there are inevitable tradeoffs to be made with any system design. If Fast and Good are prioritized, then cost will be sacrificed—and so on. In short, you can’t have all three, so “pick two,” the saying goes.
But these tradeoffs may be a thing of the past, thanks to the synergy of three current technologies: Cloud Computing, Platform as a Service, and Serverless Computing. When served up together, these paradigms readily support Fast, Good, and Cheap IT application solutions.
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