As more organizations become cloud native, their observability data costs are spiraling out of control, creating a significant and increasingly unpredictable budget item. To mitigate this problem, Chronosphere, the leading cloud native observability platform, is launching the Observability Data Optimization Cycle – the industry's first vendor-neutral framework. The framework helps companies regain control over observability data growth, which 69% of companies say is an area of concern, based on recent research by ESG on observability spending. Chronosphere is also introducing new product features to support this framework, enabling teams to better understand and optimize the management of their cloud observability resources.
Chronosphere's 2023 Cloud Native Observability report underscored concerns and revealed 87% of engineers using cloud native architectures say it has increased the complexity of discovering and troubleshooting incidents —leading to greater costs such as increases in solution charges and inefficient use of engineer's time. Additionally, 49% of engineers say they struggle with their current observability platform's inconsistent performance, particularly the onslaught of low value observability data that is growing too quickly and doesn't actually help improve outcomes.
Yet, success doesn't require trading off performance for efficiency.
Chronosphere's unique control plane allowed Abnormal Security to aggregate 98% of their metrics, which resulted in it being 10x more cost-effective than alternative SaaS and self-managed options. By doing so, Abnormal aligns their metrics data to the business value. "The most compelling feature Chronosphere offered is the data point aggregation. This helps us reduce the cardinality that we don't need and only store the data that is critical to us. That was the differentiating factor that helped us save costs in the long run, " said Reid McKenzie, Senior Site Reliability Engineer, Abnormal Security.