What is meant by Component monitoring?

In software, component monitoring refers to the continuous monitoring and management of individual components or modules within a system. This functionality allows businesses to effectively monitor and optimize the performance, availability, and health of their IT infrastructure and applications.

Typical Functions of Software in "Component Monitoring":

Real-time Monitoring: Continuous real-time monitoring of components to detect potential issues or failures early.
Performance Monitoring: Measurement and analysis of hardware, network, and software component performance to optimize resource utilization.
Availability Monitoring: Monitoring the availability of services and applications to ensure they meet agreed Service Level Agreements (SLAs).
Alerts and Notifications: Automated alerts and notifications for deviations or critical conditions to enable quick responses.
Logging and Reporting: Recording monitoring data and generating reports on component performance and availability.
Historical Analysis: Retrospective analysis of monitoring data to identify trends and take proactive actions to improve system performance.
Integration: Capability to integrate with other monitoring and management tools as well as IT Service Management (ITSM) systems.
Automation: Automation of monitoring processes and actions to reduce human errors and improve efficiency.