Operations | Monitoring | ITSM | DevOps | Cloud

Elastic Observability 8.7 introduces new capabilities that drive efficiency into the management and use of synthetic monitoring and expand visibility into serverless applications and Kubernetes deployments. These new features allow customers to: Observability 8.7 is available now on Elastic Cloud — the only hosted Elasticsearch offering to include all of the new features in this latest release.

I know you’re here to talk money, and I’ll get to pricing in just a moment, I promise! Let’s first look at how we ended up in a situation where log analytics is increasingly important to help set the stage for why transparent pricing is so vital in this arena.

Log management is the processes and tools that your DevSecOps team use to collect, store and manage log data. As they constantly assess your applications and systems for performance, log analytics comes into play to improve the efficiency and effectiveness of an organization, identify and troubleshoot problems, and monitor the health and performance of system. Looking for a proactive approach to find issues, bugs and threats? Interested in surfacing your business and user adoption insights?

There is value in the machine data (logs and events) from your infrastructure and applications. However, storing and analyzing that data to extract that value can be a big (and expensive) undertaking for organizations. With log analytics, companies like yours can better understand your log data and take action to improve reliability and increase security. Log files are produced by applications, operating systems, networks and other components of a technology stack.

Thanks to regulation, legislation and the pandemic, the term ‘resilience’ has burst into the consciousness throughout the financial services industry. But why is it so important? To answer this, we are going to delve deeper into the world of Operational Resilience by exploring how it has the potential to deliver a lot more than merely regulatory compliance.

As Charles highlights in his Financial Services Predictions blog, operational resilience is critical. The regulatory drive for defining, measuring and improving operational resilience is clear within Europe, outlined by EU DORA and UK FCA / PRA guidelines. The organisations who embrace this change can capitalise on real opportunities in the coming years; specifically, the opportunity to use data-driven insights to improve customer experience and proactively resolve issues before customer impact.