Techniques and apparatus for managing a distributed computing environment using event digests are described. In one embodiment, for example, an apparatus may include at least one memory, and logic for a system manager, at least a portion of the logic comprised in hardware coupled to the at least one memory, the logic to determine a workload to schedule, access an event digest associated with a plurality of compute hosts, the event digest comprising event digest values determined using out-of-band information, determine metrics from the event digest, generate at least one host weight for at least a portion of the plurality of compute hosts based on the metrics, identify at least one candidate host from the portion of the plurality of compute hosts based on the at least one host weight, and schedule the workload on the at least one candidate host. Other embodiments are described and claimed.