Flex Logs is a log management solution introduced by Datadog that centralizes all logs within one platform regardless of the use case. It decouples storage costs from querying costs, allowing for long-term retention without sacrificing visibility or performance. Flex Logs offers three tiers: Standard Indexing for frequently queried data, Archiving for long-term retention and infrequent queries, and Flex for high volume logs that require occasional urgent queries. It provides log retention at a commodity storage price point of $0.05 per million events per month without impeding querying. This solution enables organizations to manage growing volumes of logs while maintaining quick access to the data they need.