Explore the critical role of observability in platform engineering through this 15-minute conference talk from Conf42 Platform Engineering 2024. Delve into key benefits, core objectives, and practical applications of observability, including resource optimization, cost efficiency, and improved developer experience. Examine challenges in implementing observability and discover potential solutions. Gain insights into future trends and best practices for effective implementation. Learn how observability can enhance troubleshooting, resource allocation, and overall platform performance.