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Can anyone suggest the ways to optimize Cloud hosting/Dedicated Server for enhanced productivity?

The performance of your cloud hosting / dedicated server can be greatly enhanced by installing an eAccelerator. This is a free open source PHP accelerator, optimizer, and dynamic content cache. eAccelartor can reduce the server load and increase the speed of your PHP code by 1-10 times.

However, one important thing to note is that eAccelerator does not properly work with suEXEC. It means that Apache web server will have to be recompiled without suEXEC support.

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