The addition of the new component will not affect the price of its Patrol Visualis software, which became available early last year and has a starting price of $40,000 (£25,000).
BMC product management director Gerry Roy said the combined ability to provide users with performance data and to identify network faults and failures follows an industry trend, but claimed the BMC feature is unique because it pairs the two offerings within a single graphical user interface.
Giga Information Group analyst Jean-Pierre Garbani said BMC's announcement had been expected last year.
BMC needed to offer both fault and performance management capabilities to win new customers for Patrol Visualis, Garbani said. He added that the rollout means that each of the top-four network and systems management suppliers - BMC, Computer Associates International, Hewlett-Packard and IBM's Tivoli Software unit - now provide the two features.