Five key findings from the 2022 Observability Forecast report
Blog post from New Relic
Observability is emerging as a critical priority for IT decision-makers, with nearly three-quarters of respondents in a survey commissioned by New Relic and Enterprise Technology Research indicating that C-suite executives champion its implementation to enhance core business goals. The 2022 Observability Forecast report reveals that mature observability practices can improve revenue retention by providing deeper insights into customer behaviors and reducing high-impact outages. The report highlights the need for transparent pricing models in observability tools and notes that 72% of respondents plan to maintain or increase their observability budgets in the coming year. With the trend towards cloud-native architectures and technologies like AI and IoT, companies are expected to have robust observability practices by 2025, emphasizing the importance of full-stack observability for faster incident detection and resolution.