SYSTEM AND METHOD FOR MONITORING PERFORMANCE OF APPLICATIONS FOR AN ENTITY

Embodiments of present disclosure disclose a method for monitoring performance of applications for an entity. The method comprises retrieving performance information associated with an application from one or more sources. Then, performance of the application is analyzed using the retrieved performance information. Then, the method comprises identifying one or more entity variables affecting the performance of the application from the analyzed performance of the application. Then, at least one of trends of the performance of the application, deviations in the performance of the application, performance data related to the performance of the application and prediction data related to predicted performance of the application is determined based on the identification for monitoring the performance of the application for the entity.