From the documentation I understad that you are warned if ALR kicks in:
You are informed about the reduction of processed data by
Does this simply mean that whan a service exceeds 1000 request/s this happens. Or in other words can you monitor this number with a threshold of 900 if you want to prevent this from happening?
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"Adaptive load reduction" and "Adaptive traffic management" are sometimes treated equally, despite being a little bit different. You quoted the following page, which also mixes these two concepts:
If we're talking about a Managed environment, ALR is more adequate. There have been discussions here in the past, and I would suggest the following two threads:
If we're talking SaaS, then this thread might also be interesting:
Additionally, if talking SaaS, I believe Grail will impact the way traces are stored. but this has not been anounced, to my knowledge.