1. A method for generating a heat map of event data, the method comprising: executing instructions stored in memory via a processor of a computing system for: gathering instances of event data according to a first performance characteristic; establishing a first and second axis of the heat map, the first axis representing a parameter and the second axis representing the first performance characteristic of the event data; establishing a third and fourth axis of the heat map, the third axis represented using hue and the fourth axis represented using saturation; decomposing the instances of event data by applying at least one constraint to the instances, the at least one constraint comprising a selection of a discrete computing object; assigning a hue from the third axis to each instance of event data, the assigned hue being associated with the at least one constraint; determining a saturation for each instance of the event data for representation of the instance of the event data in the fourth axis, the saturation being associated with a second performance characteristic; and generating a heat map that includes representations of the instances of the event data in the first and second axis, wherein each representation further includes the hue assigned from the third axis and associated with the at least one constraint to which the hue for the instance of the event data has been assigned, and includes the determined saturation for representing the second performance characteristic for the instance of the event data in the fourth axis.