The benefits of model observability are significant, with high returns on investment (ROI) due to its ability to preemptively detect and fix model issues impacting business value. Model insights can be automatically detected through Arize monitors and then root-caused through data exploration in interactive guided workflows. The study found that 95% of teams can find a valuable insight when first exploring their data in Arize, with users uncovering an initial insight within the first 24 hours. Proper monitoring coverage allows for automatic detection of model insights, which can be detected once a month and resolved within 24 hours. Observability initiatives provide cost savings by correlating improvements back to business metrics, enabling easy calculations of the value of observability and individual insights for each project and model. Arize offers training and guides on monitoring best practices, and custom metrics allows users to define any metric using model data and metadata to track personalized metrics.