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How to Install and Configure OpenObserve: A Next-Generation Logs, Metrics, and Traces Solution to Replace ELK Stack with 140x Lower Storage Costs

OpenObserve is a Rust-based observability solution that stores logs, metrics, and traces at up to 140x lower cost than ELK Stack, thanks to Parquet format and efficient data compression. This post shares hands-on experience installing OpenObserve with Docker, configuring Fluent Bit for log collection, querying with SQL, and setting up Alerts to avoid alert fatigue.