At the Perform 2022 conference, Dynatrace CEO Rick McConnell and CMO Mike Maciag highlighted the necessity of modern observability and AIOps in managing the complexities of digital transformation as organizations move towards hybrid and multicloud architectures. The shift, accelerated by COVID-19, has led to increased IT complexity due to a surge in applications and cloud infrastructure, making traditional manual methods insufficient. Modern observability, enhanced by AI-driven operations (AIOps), offers real-time, contextual insights into the root causes of application issues without the need for extensive machine learning training, akin to the real-time decision-making of a self-driving car. This approach involves three key components: sensing through automated data collection by Dynatrace's OneAgent, thinking with data analysis via PurePath and Smartscape technologies, and acting by providing actionable insights for swift issue resolution. These capabilities enable organizations to innovate rapidly and securely, optimizing user experiences and business outcomes while minimizing disruptions. McConnell emphasized the importance of intelligent observability solutions that provide precise answers and continuous optimization across complex IT environments.