Oracle Cloud Infrastructure for Sunbird ED Specialty Quiz 01 15Nov24 - Practice Quiz

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Question 1 of 30

A financial services company is experiencing slow response times in their cloud-based application during peak transaction periods. They are utilizing Oracle Cloud Infrastructure and have already implemented basic auto-scaling. What additional strategy should they consider to further optimize performance?

Implement a caching layer to store frequently accessed data and reduce database load.

Increase the number of compute instances without analyzing current resource utilization metrics.

Switch to a different cloud provider that offers higher performance guarantees.

Reduce the size of the database to minimize the amount of data processed during transactions.

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