Scenario: A financial institution manages vast amounts of transaction data. They need to ensure high availability and performance while minimizing storage costs. What strategies can they implement for storage optimization in this scenario?
- Enabling full database encryption
- Implementing compression algorithms
- Increasing database replication
- Utilizing extensive data normalization
To ensure high availability and performance while minimizing storage costs, the financial institution can implement compression algorithms. These algorithms reduce the storage space required for transaction data without compromising data integrity, leading to optimized storage usage and improved overall system efficiency.
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