Cyber crimes are expected to cost the world roughly $10.5 trillion per year by 2025, according to Cybersecurity Ventures. And these attacks don’t just cost money. Businesses impacted by these kinds of crimes can expect to experience not only financial losses but also loss of productivity, damage to their reputation, potential legal liabilities and more.

Faced with an important business decision? Do you have the data you need to make it? Odds are, you probably don’t. Or, if the data is captured somewhere, can you count on it being in one place and easily accessible? This is a common issue, easily solved by proper log management. This practice is vital for data-driven businesses, helping you maintain security, troubleshoot operations more quickly and enhance user experience.

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.

ChatGPT has taken the world by storm, so much so that we are all left guessing how far this will go. And it’s not a trivial question, as it relates to the future of humanity itself. On one extreme, technology is increasing rapidly enough to synthesize some of the most fundamental parts of our existence—communicating naturally with one another. That can be a scary thought.

Log management and analysis tools provide you real-time visualization of how your users are interacting with your apps and systems. Many of these log management tools include a sophisticated visual dashboard to immediately analyze data. They also offer your DevSecOps teams deeper insights and possibilities to enhance code quality, boost productivity and reduce risks. What should the best log management tools do for your team to be successful?

Logs are like digital footprints or a letter that developers write to themselves for the future. They track every action or event that takes place within your software, applications and IT infrastructures. They provide important information such as when an action took place, host name, type of action, application used and more.

Log management turns the huge volume of raw information created as logs into something usable for an organization's DevOps, IT and security teams. When log management is done correctly, its benefits include: Let’s take a closer look at some of the benefits of log management and how they apply to specific areas.