The formula to calculate the Error Budget (EB) is:
EB=(1−SLO100)×100
Where:
An Error Budget is a concept used in service level management to define the acceptable level of downtime or errors within a given period. It is calculated by subtracting the Service Level Objective (SLO) from 100%. The error budget allows for a measurable amount of downtime or errors while still maintaining a high standard of service quality.
Let's assume the following value:
Using the formula to calculate the Error Budget (EB):
EB=(1−SLO100)×100=(1−99.9100)×100=(1−0.999)×100=0.1%
The Error Budget (EB) is 0.1%.