diff --git a/haystack/tracing/datadog.py b/haystack/tracing/datadog.py
index 9e3237bac5..b212900281 100644
--- a/haystack/tracing/datadog.py
+++ b/haystack/tracing/datadog.py
@@ -14,6 +14,10 @@
     from ddtrace.trace import Span as ddSpan
     from ddtrace.trace import Tracer as ddTracer
 
+_COMPONENT_NAME_KEY = "haystack.component.name"
+_COMPONENT_TYPE_KEY = "haystack.component.type"
+_COMPONENT_RUN_OPERATION_NAME = "haystack.component.run"
+
 
 class DatadogSpan(Span):
     def __init__(self, span: "ddSpan") -> None:
@@ -60,12 +64,27 @@ def __init__(self, tracer: "ddTracer") -> None:
         ddtrace_import.check()
         self._tracer = tracer
 
+    @staticmethod
+    def _get_span_resource_name(operation_name: str, tags: Optional[Dict[str, Any]]) -> Optional[str]:
+        """
+        Get the resource name for the Datadog span.
+        """
+        if operation_name == _COMPONENT_RUN_OPERATION_NAME and tags:
+            component_type = tags.get(_COMPONENT_TYPE_KEY, "")
+            component_name = tags.get(_COMPONENT_NAME_KEY, "")
+
+            return f"{component_type}: {component_name}"
+
+        return None
+
     @contextlib.contextmanager
     def trace(
         self, operation_name: str, tags: Optional[Dict[str, Any]] = None, parent_span: Optional[Span] = None
     ) -> Iterator[Span]:
         """Activate and return a new span that inherits from the current active span."""
-        with self._tracer.trace(operation_name) as span:
+        resource_name = self._get_span_resource_name(operation_name, tags)
+
+        with self._tracer.trace(name=operation_name, resource=resource_name) as span:
             custom_span = DatadogSpan(span)
             if tags:
                 custom_span.set_tags(tags)
diff --git a/releasenotes/notes/set-component-name-as-datadog-span-resource-name-bdec739077ca20ce.yaml b/releasenotes/notes/set-component-name-as-datadog-span-resource-name-bdec739077ca20ce.yaml
new file mode 100644
index 0000000000..9e24344496
--- /dev/null
+++ b/releasenotes/notes/set-component-name-as-datadog-span-resource-name-bdec739077ca20ce.yaml
@@ -0,0 +1,4 @@
+---
+enhancements:
+  - |
+    For component run Datadog tracing, set the span resource name to the component name instead of the operation name.
diff --git a/test/tracing/test_datadog.py b/test/tracing/test_datadog.py
index b8f44aa3fa..c463ee38fd 100644
--- a/test/tracing/test_datadog.py
+++ b/test/tracing/test_datadog.py
@@ -47,7 +47,14 @@ class TestDatadogTracer:
     def test_opentelemetry_tracer(self, datadog_tracer: ddTracer, capfd: CaptureFixture) -> None:
         tracer = DatadogTracer(datadog_tracer)
 
-        with tracer.trace("test") as span:
+        component_tags = {
+            "haystack.component.name": "test_component",
+            "haystack.component.type": "TestType",
+            "haystack.component.input": {"input_key": "input_value"},
+            "haystack.component.output": {"output_key": "output_value"},
+        }
+
+        with tracer.trace("haystack.component.run", tags=component_tags) as span:
             span.set_tag("key", "value")
 
         traces = get_traces_from_console(capfd)
@@ -55,7 +62,9 @@ def test_opentelemetry_tracer(self, datadog_tracer: ddTracer, capfd: CaptureFixt
 
         trace = traces[0]
 
-        assert trace["name"] == "test"
+        assert trace["name"] == "haystack.component.run"
+        assert "test_component" in trace["resource"]
+        assert "TestType" in trace["resource"]
 
     def test_tagging(self, datadog_tracer: ddTracer, capfd: CaptureFixture) -> None:
         tracer = DatadogTracer(datadog_tracer)