Method for performance monitoring and optimization via trend detection and forecasting

A method for identifying trends in system faults. During a generating stage, monitoring via a software based performance monitoring unit, a state of a server on a network and generating hardware or software performance information which indicate system faults of the server. During an analysis stage including, creating a dataset from the hardware or software performance information and isolating events from the dataset and categorizing each of the isolated events into a type, each type representing one application program call return. For each event in the dataset, assigning a trend score which decays with time such that recent events receive greater weight in the assigning than less recent events. Finally, performing one or more of: outputting a notification of the trend score, utilizing an optimization unit or triggering operation of a fault system handler for the event, when the trend score is above a threshold.