Open ecosystems, characterized by shared data and services across organizations, are transforming collaboration by fostering faster development and partner integrations. While these ecosystems offer benefits such as increased flexibility and collective innovation, they also present significant observability challenges. Organizations must integrate diverse telemetry data like metrics, logs, and traces to effectively manage and optimize these systems. Open source tools such as OpenTelemetry, Fluentd, and Prometheus assist in this endeavor, but a comprehensive strategy involving AIOps is essential to provide meaningful insights from the data. Platforms like Dynatrace offer a solution by consolidating open source data and employing AI for context-aware monitoring, supporting organizations in navigating the complexities of open ecosystems while enhancing collaboration and performance.