In the last few years, there has been significant growth in awareness concerning the abilities of AIOps, especially in the corporate world, which in turn has given way to the growing adoption of cloud technologies.
This has been highly beneficial for the global AIOps market. Also, the increase in data volumes has paved the way for a number of opportunities in the industry.
How AIOPS Platforms Is Beneficial For IT Environments
Informal AIOps platforms tend to appear in all scopes and extents. While some solutions seem to be perfect to remit particular needs, others such as Teneo happen to cater to an array of enterprise essentials to bring forth a global conversational AI interface.
The real-time analytics solutions put on mathematics and logical interpretations to data to offer the much-needed insights so as to make superior decisions in a jiffy.
For most of the use cases, real-time simply means that the analytics is accomplished within a very short period of time after the influx of new data.
On-demand real-time systematic solutions are exclusively designed to await the respective systems or users to ask for a query and then provide the analytic results.
Unremitting real-time analytics is highly preemptive in nature and prompts explicit responses as events take place.
With the growing awareness in regard to how Artificial Intelligence can remit the ongoing IT challenges and aid in running the operations smoothly, business organizations are lugging toward the incorporation of AI-based solutions.
New Relic conducted a survey lately, according to which most of the senior IT decision-makers happen to believe that machine learning and Artificial Intelligence play a major role in determining how organizations would run IT operations.
It’s also widely believed that these new-furled technologies will eventually make the role of the decision-makers more manageable.
Such a positive viewpoint for AI is all set to transmute into widespread usage of AIOps in the next couple of years.
Moreover, as devices are gaining more intelligence, systems have also started getting more convoluted with cumulative data volume, thus accelerating the adoption of AIOps in more than one way.
The growing adoption of cloud solutions in the majority of countries is also boosting the need for automation of these courses.
Thus, as more companies are switching to the cloud, the demand for AIOps platforms is also snowballing at a considerable pace.
According to Allied Market Research, the global AIOps market is projected to grow at a significant CAGR from 2021 to 2030.
Mainly, the market across the Asia-Pacific region has witnessed sturdy growth in the last few years, the demand for AI-driven services is increasing at a jet’s pace.
Most of the government bodies in the region are also actively expanding on AI technologies.
However, there are certain long-term solutions that are expected to take time to yield into effect, owing to operational reasons like the dearth of AI professionals and inadequate data for machine learning.
The ITOM (IT Operations Management) sector is already responding to the advent and development of SaaS ITOM.
As a delivery prototype for IT help desks and infrastructural care, SaaS has been highly utilitarian indeed.
These avant-garde solutions usually slot in log management, checking websites, monitoring servers, and managing the cloud platform from assimilated SaaS purveyors.
Back in the first quarter of 2020, Sumo Logic Inc. broadcasted an array of free analytics resources and solutions to help facilitate companies throughout the covid-19 pandemic.
It divulged a wad of SaaS applications depicted to help IT and security squads make sure that acute and vital business applications are perfectly secure and operating as per the desired norms.
Most importantly, AIOps syndicates big data functionality and machine learning to evaluate the cumulative variety, capacity, and promptness of data generated owing to digital conversion to support intricate operations.
Here, it’s worth mentioning that the outbreak of the Covid-19 pandemic has impacted the global AIOps market positively.
To contain the spread of the virus, most of the organizations have taken recourse to work-from-home policies, and this is how business organizations across the world have also started laying out advanced AIOps solutions so as to streamline the increasing complexity in enterprises.
Especially, the dearth of skilled professionals during the pandemic made it really difficult for conventional functional methods to operate properly.
Simultaneously, remote working culture has put forth huge pressure on physical operational modes. These factors have boosted the market in several ways and this trend is most likely to continue post-pandemic as well.
Author’s Bio– Koyel Ghosh is a blogger with a strong passion and enjoys writing on miscellaneous domains, as she believes it lets her explore a wide variety of niches.
She has an innate interest in creativity and enjoys experimenting with different writing styles. A writer who never stops imagining, she has been serving the corporate industry for the last three years.