Shortlist
| TOOL | PRICING MODEL | SETUP | Logs | Metrics | APM / Traces | OpenTelemetry | Self-host | NOTES |
|---|---|---|---|---|---|---|---|---|
| Grafana Cloud | usage-based | medium | ✓ | ✓ | ✓ | ✓ | ✕ | Great ecosystem; mix hosted + OSS. |
| New Relic | usage-based | medium | ✓ | ✓ | ✓ | ✓ | ✕ | Full-suite observability; pricing complexity varies. |
| Dynatrace | enterprise licensing | high | ✓ | ✓ | ✓ | ✓ | ✕ | Strong enterprise AIOps; heavier sales motion. |
| Sentry | event-based | low | ✕ | ✕ | ✓ | ✓ | ✕ | Best for errors + traces; not a full infra metrics replacement. |
| Honeycomb | usage-based | medium | ✕ | ✕ | ✓ | ✓ | ✕ | Excellent tracing + high-cardinality events. |
| Elastic Observability | license / usage | high | ✓ | ✓ | ✓ | ✓ | ✓ | Logs-first platform; strong if you already use Elastic. |
| OpenTelemetry + Prometheus + Grafana | infra cost | high | ✕ | ✓ | ✓ | ✓ | ✓ | DIY stack: metrics+traces; highest control, highest ops. |
| SigNoz | open-source + cloud | medium | ✓ | ✓ | ✓ | ✓ | ✓ | OTel-native OSS; good Datadog-style UI. |
| Datadog (baseline) | host+usage add-ons | medium | ✓ | ✓ | ✓ | ✓ | ✕ | Reference point for comparisons. |