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Serverless Architecture refers to a software design pattern where applications are hosted on fully managed, cloud-based infrastructure, eliminating the need for developers to manage servers. This approach allows organizations to build and run applications without the cost and complexity of managing server infrastructure, as well as enabling greater scalability and faster deployment times. By abstracting away the underlying infrastructure, serverless architecture fosters a developer experience centered around writing code and delivering value rather than handling system administration tasks. It is particularly relevant in the context of web development, technology, and dev ops, where it can help streamline development workflows and optimize resource utilization.