What are the differences between AWS Lambda and EC2 for setting up applications?

What are the differences between AWS Lambda and EC2 for setting up applications?

AWS Lambda is a serverless compute service that runs code in response to events, while EC2 provides virtual servers for full control.

Which one is more cost-effective for small applications?

For small applications, AWS Lambda is often more cost-effective since you only pay for the compute time you consume.

Can you explain the scalability options for both?

Lambda automatically scales with the number of requests, while EC2 requires manual scaling or setting up auto-scaling groups.

What about deployment and management complexity?

Lambda simplifies deployment with no server management, whereas EC2 requires more management and configuration.

Are there any limitations I should be aware of with Lambda?

Yes, Lambda has limitations like execution time (15 minutes max) and package size, which may not suit all applications.