With the rising amount of data comes the risk of managing, storing, and analyzing this monumental data. Observability tools help organizations proactively identify and resolve performance issues, optimize resource allocation, and ensure exceptional user experiences. However, building a robust observability stack can sometimes lead to concerns about cost management.

Some of the main keypoints are :
Prioritize Data: Focus on essential metrics and logs.
Sample and Compress: Reduce data volume without sacrificing insights.
Limit Retention: Establish clear retention policies.
Dynamic Observability: Collect data based on events and conditions.
Consolidate Tools: Use unified platforms and APIs.
Choose Wisely: Select tools that align with your needs and budget.
Leverage Cloud: Utilize cloud-native features for cost optimization.
Automate: Reduce manual effort and errors.
Regular Reviews: Continuously assess and optimize.

Discussing this point in depth would help everyone to reduce their cost and optimize their results.