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A large multinational company runs a timesheet application on AWS that is used by staff across the world. The application runs on Amazon EC2 instances in an Auto Scaling group behind an Elastic Load Balancing (ELB) load balancer, and stores in an Amazon RDS MySQL Multi-AZ database instance. The CFO is concerned about the impact on the business if the application is not available. The application must not be down for more than two hours, but he solution must be as cost-effective as possible. How should the Solutions Architect meet the CFO's requirements while minimizing data loss?
High-value Bidders
Participants in an auction who are willing and able to place significantly large bids on items or assets, reflecting their high valuation.
Low-value Bidders
describes participants in auctions or competitive bidding processes who offer relatively low prices for goods or services, possibly affecting market dynamics and pricing standards.
Receives $100
This phrase typically refers to an individual or entity obtaining a sum of $100, often in a transaction, payment, or monetary gift.
High-value Bidders
Individuals or entities willing to offer significantly higher prices in auctions, typically due to the perceived value of the item or contract.
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