Elastic Load Balancing (ELB) automatically distributes incoming application traffic across multiple targets, such as EC2 instances, containers, and IP addresses, in one or more Availability Zones. It enables you to achieve greater fault tolerance in your applications. ELB can handle the varying load of your application traffic in a single Availability Zone or across multiple Availability Zones. It's commonly used to ensure high availability, scalability, and security for web applications and services.
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