Optimizing observability costs with a DIY framework
Observability costs are exploding as businesses strive to deliver maximum customer satisfaction with high performance and 24/7 availability. Global annual spending on observability in 2024 is well over 2.4 billion USD and is expected to reach 4.1 billion USD by 2028. On an individual company basis, this is reflected by observability costs ranging from 10-30% of overall infrastructure spend. These costs will undoubtedly rise with digital environments expanding and becoming ever more complex.