ObservabilityCON 2023: Major news announcements, product releases, and more

ObservabilityCON 2023, held in London, showcased significant developments from Grafana Labs aimed at enhancing the open-source observability community's capabilities. Key announcements included the acquisition of Asserts.ai, which will aid Grafana Cloud users in more effectively understanding their observability data, and the general availability of Application Observability, designed to expedite root cause analysis and reduce mean time to resolution. The event also highlighted the release of Grafana Beyla 1.0, an eBPF-based application auto-instrumentation project, which simplifies the observability process by allowing users to instrument services without modifying source code. Additionally, Grafana Labs introduced Grafana SLO for easier management of service level objectives and a new cost management hub in Grafana Cloud to optimize expenses. The company is also exploring AI/ML capabilities, with features like Sift, an automatic diagnostic assistant, and generative AI tools for enhanced dashboard creation and query writing, all contributing to a more integrated and efficient observability experience.