Open Source Alternatives
Application performance monitoring and observability.
New Relic is a trademark of its respective owner.
Updated May 2026
New Relic's data is exportable via NRQL and their APIs, so you won't lose historical data if you plan ahead. The pain is in the instrumentation. Every custom dashboard, every alert policy, every synthetic monitor needs rebuilding. Teams with heavy custom instrumentation (custom attributes, distributed tracing configs) should budget 2-3 weeks. Teams using mostly out-of-the-box APM can switch to Grafana or SigNoz in a few days.
| SigNoz | openobserve | |
|---|---|---|
| Overlap | 70% | 55% |
| Migration | moderate | significant |
| License | MIT + Enterprise | GNU Affero General Public License v3.0 |
| Best for | Teams with DevOps | Small teams |
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OpenTelemetry-native observability with logs, traces, and metrics
SigNoz gives you performance traces, error rates, and system metrics in one dashboard. It's built on OpenTelemetry (the open standard for collecting observability data), which means you're not locked into a proprietary SDK.
OpenObserve is an open-source observability platform for logs, metrics, traces, and frontend monitoring. A cost-effective alternative to Datadog, Splunk, and Elasticsearch with 140x lower storage costs and single binary deployment.
OpenObserve handles logs, metrics, traces, and frontend monitoring in one tool. It pitches itself as a Datadog and Splunk alternative, but the real story is the storage architecture.
New Relic is a platform. It bundles multiple capabilities into one subscription. These tools each cover one piece. Teams often assemble 2–3 of them instead of paying for the full suite.
APM and monitoring system
Open source APM with OpenTelemetry traces, metrics, and logs
Real-time performance and health monitoring
Monitoring system and time series database
Vendor-agnostic telemetry collection
Horizontally-scalable, multi-tenant log aggregation
CNCF distributed tracing platform
Distributed tracing system
The production-scale datacenter profiler (C/C++, Go, Rust, Python, Java, NodeJS, .NET, PHP, Ruby, Perl, ...)