This document discusses the opportunity for an application monitoring service called Observatory in the context of the Meteor framework and cloud transformation trends. It notes that cloud transformation is allowing better apps to be created for many markets, and that tools are needed for fast implementation, change management, and deployment of increasingly complex enterprise software and business processes. The Meteor framework in particular allows for super-fast development and painless deployment, and Observatory aims to provide application management and monitoring capabilities for Meteor apps and beyond, leveraging the capabilities of technologies like node.js. It currently has prototype functionality and over 100 interested developers.