This document discusses how network and application performance monitoring and diagnostics (NPMD) technology can help troubleshoot issues faster and reduce costs. It provides an overview of today's IT challenges involving complex applications and infrastructure. NPMD solutions that provide high-level views, back-in-time analytics, deep packet inspection, and an understanding of infrastructure and application dependencies can help meet these challenges. Case studies show how such solutions provide tangible returns on investment through reduced troubleshooting time and increased uptime.