Log management is essential for organizations to reduce noise and improve the utility of logs, with best practices including standardizing log formats, using strategic log levels, adding context for correlation, prioritizing security, and converting logs into metrics to manage costs and enhance operational efficiency. Logz.io provides an observability platform that leverages AI for efficient log management, offering capabilities such as ingestion, parsing, indexing, and AI-powered analysis to streamline troubleshooting, reduce storage costs, and enhance system reliability. Effective log management mitigates risks like poor incident response and compliance failures, while AI's role in log analysis includes anomaly detection and root cause identification. Adopting a centralized log management platform, such as Logz.io, can help distributed organizations maintain visibility and integrity across diverse environments, optimizing costs through tiered storage and consistent instrumentation. Regular reviews of log management policies ensure they remain aligned with evolving regulations and operational needs.