This document discusses serverless computing and microservices architectures. It begins with an overview of how modern businesses are evolving from monolithic architectures to microservices to improve agility, efficiency, and insights. It then discusses how the level of abstraction for developers has shifted from physical infrastructure to serverless functions that focus only on business logic. Examples are provided of companies like Financial Engines and Thomson Reuters that have significantly reduced costs and improved performance by moving to serverless architectures on AWS. The document covers serverless operational models, event-driven architectures, adoption patterns, and how serverless requires changes to operational processes, architectural patterns, and software delivery.