Embodiments of the present invention provide approaches (e.g., online methods) to analyze end-to-end performance issues in a multi-tier enterprise storage system (ESS), such as a storage cloud, where data may be distributed across multiple storage components. Specifically, performance and configuration data from different storage components (e.g., nodes) is collected and analyzed to identify nodes that are becoming (or may become) performance bottlenecks. In a typical embodiment, a set of components distributed among a set of tiers of an ESS is identified. For each component, a total capacity and a current load are determined. Based on these values, a utilization of each component is determined. Comparison of the utilization with a predetermined threshold and/or analysis of historical data allows one or more components causing a bottleneck to be identified.