A network-centric modeling mechanism is provided for updating network models in order to mitigate network issues. The network-centric modeling mechanism determines for each component in a plurality of components whether a system parameter in a set of parameters particular to the component has deviated from a predicted system parameter value in a set of predicted system parameter values past a predetermined threshold. Responsive to the system parameter deviating from the predicted system parameter value past the predetermined threshold, the network-centric modeling mechanism generates an event stream indicating a sufficient deviation. The network-centric modeling mechanism determines whether the event stream matches a previous pattern. Responsive to identifying the previous pattern that matches the event stream, the network-centric modeling mechanism preemptively mitigates any related issues in the component or in a related component in the plurality of components using topology-aware indices associated with the previous pattern.