Brazilian organizations are increasingly adopting observability trends and technologies to enhance their software systems, as revealed by a localized survey conducted by Grafana Labs. This marks the first time the survey has been tailored specifically for Brazil, providing insights into the Brazilian market's use of multiple observability tools and data sources, with 96% of organizations using multiple technologies and a significant portion managing their own observability stacks. The survey highlights the role of open standards and open-source software in facilitating data integration, with Prometheus and OpenTelemetry being widely used. While the Brazilian market exhibits varying degrees of observability maturity, there is a noticeable inclination toward emerging practices such as Service Level Objectives (SLOs) and FinOps, with a focus on reducing mean time to resolution and managing costs. Complexity remains a major concern, and Brazilian organizations prioritize cost and ease of use when selecting observability tools, with a growing interest in AI/ML functionalities. The survey, conducted at ObservabilityCON in São Paulo, gathered responses from a diverse range of industries and roles, reflecting a broad interest in improving observability practices.