A company has an industrial application that controls a process in real time.

Comprehensive and Detailed Explanation:

For applications requiring high network throughput and low latency between EC2 instances, AWS recommends using a Cluster Placement Group:

Cluster Placement Group: Packs instances close together inside an Availability Zone, enabling workloads to achieve the low-latency network performance necessary for tightly-coupled node-to-node communication.

Enhanced Networking: Selecting instance types that support enhanced networking provides higher bandwidth, higher packet-per-second (PPS) performance, and consistently lower inter-instance latencies.

By combining a Cluster Placement Group with enhanced networking-enabled instance types, the company can meet the stringent performance requirements of its real-time industrial application.