In this moment from our Scale Cloud Native with a Forward-Looking Observability Strategy dgital event, Chronosphere field CTO Ian Smith explains the importance of engineering organizations having confidence in their data.
00:10 — Engineering organizations are focused on more than just driving down costs. If they have confidence in the value of data, then it allows them to allocate more budget because they know the return they’re getting.
00:30 — If you’re spending $1 million, and you’re getting a very questionable return on that, it’s not a great situation to be in. But you could lower the cost and know “Okay, well, I can pay your $100,000, and I know the value of this, and I know that I could go $300,000 and still have as much or even greater value.”
00:45 — Smith says that’s a decision that a lot of organizations are making with confidence, rather than opting for the $100,000 option every time.