Question: You have been hired as a database consultant by a bank which currently uses MS access for maintaining its data. However, owing to massive expansion

You have been hired as a database consultant by a bank which currently uses MS access for maintaining its data.

However, owing to massive expansion globally, it needs to switch to a new database with higher scalability and reliability. You have three options available – Open source databases, Licensed databases, or cloud services.

Discuss the factors which will aid you in your decision for choosing a database management system and include the costing. Use resources from the Internet to support your findings. Suggest the database backup and recovery procedures for this scenario.

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