<ul><li>Multi-tenant architecture is crucial in SaaS platforms, allowing a single instance of software to serve multiple customers.</li><li>Types include shared database with shared schema, shared database with separate schemas, or separate databases for each tenant.</li><li>Benefits include cost-efficiency, scalability, and centralized management, while challenges involve data isolation, complex migrations, and increased security responsibilities.</li><li>Best practices include using tenant-specific identifiers, designing for scalability, monitoring tenant performance, and ensuring API and data security.</li></ul>

Understanding Multi-Tenant Architecture (Part-One)

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