Serverless technology is reshaping cloud computing by providing architectural, cost-effective, and strategic advantages, although it does come with certain challenges. The transition to serverless models offers technical benefits like autoscaling, reduced staff costs, and increased deployment velocity, resulting in business advantages such as improved availability, faster time-to-market, and lower IT costs. However, first-generation platforms present challenges such as cold-start issues, cost control vulnerabilities, and a steep learning curve. These challenges are being mitigated by second-generation platforms like Koyeb, which offer optimized performance, transparent billing, extensive learning resources, and increased observability. Koyeb provides a developer-friendly platform that supports seamless deployment, scalability, and improved monitoring, while combining the flexibility of Platform as a Service (PaaS) with the performance of MicroVMs, enabling businesses to gain a competitive edge by adopting serverless technology efficiently.