A system and method for adaptive remote decision making includes steps of: receiving from an application layer a target range for a level of reporting quality for processed data; setting data collection parameters to meet the target range; collecting the data from a plurality of remote data collecting devices deployed in the distributed computing system, a portion of said data being compromised during the collecting process; processing the collected data to produce the processed data; evaluating the processed data based on observable metrics of current collected data and reported data losses; forecasting an expected reporting quality while continuing to collect the data; comparing the expected reporting quality with the target range; and reporting the processed data when the expected reporting quality falls within the target range for the level of reporting quality.