Austria is in the process of developing and implementing a comprehensive education monitoring system that is in line with the goals of the 2017 Education Reform Act. This Policy Perspective presents the final output of this two-year collaboration between the Austrian Federal Ministry of Education, Science and Research, the European Commission and the OECD. The overall goal of this project is to support the Austrian Government in the design and implementation of a new education monitoring system that balances traditional top-down implementation processes with more bottom-up approaches that leave room for co-construction and local adaptation. This report issues a set of recommendations for the monitoring system to provide data to support quality assurance, school self-evaluation, effective governance, evidence-based policy making, and allocation and use of resources. This report can be of help for any country looking to support policy development and improvement in the education system through data-informed decision-making.