A method, system and computer program product for coordinating the data update rate for a shared resource amongst multiple, different and independently executing computing applications. A method coordinates the data update rate for a shared monitored resource amongst multiple, different and independently executing monitoring applications. The method can include detecting a toggling active of a fast mode user interface control disposed in a window of a corresponding monitoring application. The method also can include the activation in response to the detection, of a fast mode of data acquisition for the shared monitored resource. Finally, in response to the detection, other monitoring applications can be messaged to deactivate a fast mode of data acquisition for the shared monitored resource.