The end of zero-interest rates has driven companies to look for savings wherever they can, but one area continues to be a major budget drain. Observability — collecting and understanding data and systems — typically remains an organization’s second-highest cloud expenditure, right after cloud provisioning itself. People have even gone so far as to talk of an observability cost crisis, underscored by anecdotes like Coinbase spending $65 million on its Datadog bill.
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