Monitoring
Monitoring detects issues using metrics and alerts to detect problem based on thresholds.
Observability
Observability enables understanding of unknown issues through logs, metrics, and distributed traces to diagnose root causes in complex systems.
Logs
Log is an idempotent record of a discrete event that happened in a system at any point of time during the request life cycle.
Traces
Tracing gives the capability to monitor the fate of a request during its lifecycle across various components in a system.
Metrics
State/health of the system at specific point of time. eg CPU Usage
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