The financial services industry has evolved at an astonishing rate in recent years, underpinned by rapid advances in technology. Financial institutions (FIs) are digitising their customer journeys and scaling-up transformation. Cloud is a catalyst for enterprise business transformation and is a focus for C-suite executives and board members of financial services organisations.
For businesses utilising public clouds, choosing an open source platform offers considerable advantages. Open source solutions can help reduce costs, provide access to the most leading-edge enterprise-grade features, and eliminate risks such as vendor lock-in, lack of support, or long-term security maintenance.
If you know anything about upholding the three pillars of observability for your business then you will know that centrally analysing and managing logs, metrics and traces is vital for improving how you observe the status of your business’s key infrastructure components.
Prometheus seeks to be a new generation within open source monitoring tools. A different approach with no legacies from the past. For years, many monitoring tools have been linked to Nagios for its architecture and philosophy or directly for being a complete fork (CheckMk, Centreon, OpsView, Icinga, Naemon, Shinken, Vigilo NMS, NetXMS, OP5 and others). Prometheus software, however, is true to the “Open” spirit: if you want to use it, you will have to put together several different parts.
Users of open-source log collectors and log monitoring solutions often preferred these solutions due to them being well suited for speed, flexibility and their ability to attract talented contributors who are willing to invest time to maintain technology projects they are passionate about. In this post, we’ll look at some of the best free and open-source logging tools out there today.
