Just to clarify, latency is one form of performance, and a separate thing to optimize from total resource usage in more classic "performance critical" situations. That performance might be energy, space, or other dimensions besides latency. It might also be something like reliability, accuracy, precision, or even the very human factors like simplicity, modifiability, and visibility.

Heck, even latency alone you can just reduce the standard deviation and get smoother flows. Little's law is a great callout here too, one of my favorite computer science principles.