In any type of application, be it mobile, web portals, websites, social, e-commerce, enterprise or cloud applications, data is the core portion of the business. Data availability is considered an utmost concern for any business or organization. Data loss or any downtime of an application can result in a heavy loss in terms of money and also impact the credit of the company in the market.
If we consider an example of an online shopping site which has a nicely covered market in a specific area, with customers and good business credit. If this business faced an issue with data loss or any application server or database server downtime, it would impact the whole business. Many customers would lose faith in the business and also the business would suffer a loss both in terms of finance and credit.
There is no single formula that...