The application relates to a public cloud multi-tenant
performance monitoring method, device, equipment, storage medium and program product. The method comprises the following steps: collecting a plurality of low-level indexes of a cloud application runtime on a host of a target
virtual machine node and a target
virtual machine; the low-level indexes comprise at least one of CPU utilization, a hardware counter, a host resource state, resource usage characteristics, a hardware event vector and interference intensity; inputting the plurality of low-level indexes into a proxy model for performance evaluation to obtain a first
evaluation result; the first
evaluation result comprises a target performance degradation
estimation value, a performance degradation reason of the cloud application and a contribution degree of the degradation reason; the target performance degradation
estimation value is used for representing a degradation degree of the cloud application; and performing degradation evaluation according to the first
evaluation result to obtain a second evaluation result. The above method improves the
resource utilization rate and
cost efficiency of the public cloud infrastructure, and further enhances the foresight and accuracy of cloud
application performance management.