A company uses an organization in AWS Organizations to manage AWS accounts that contain applications. The company sets up a dedicated monitoring member account in the organization. The company wants to query and visualize observability data across the accounts by using Amazon CloudWatch. Which solution will meet these requirements?

The correct solution is to enable CloudWatch cross-account observability for the monitoring account and deploy the provided CloudFormation template in each member account. CloudWatch cross-account observability is specifically designed for this use case, allowing you to seamlessly search, visualize, and analyze metrics, logs, and traces from multiple accounts within a single monitoring account. The CloudFormation template automates the necessary resource creation and permissions in the member accounts to share data with the monitoring account. Incorrect options: Setting up SCPs to provide access to CloudWatch in the monitoring account is not sufficient. SCPs restrict permissions but do not configure the data sharing mechanism itself. Configuring a new IAM user in the monitoring account and IAM policies in each AWS account for querying CloudWatch data would require manual configuration for every account and does not leverage the integrated cross-account observability features of CloudWatch for centralized visualization. Creating a new IAM user in the monitoring account and cross-account IAM policies in each AWS account is similar to the previous incorrect option; it's a more manual and less integrated approach compared to CloudWatch cross-account observability.