New York, Sept. 12, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “AIOps Global Market Report 2022” – https://www.reportlinker.com/p06319244/?utm_source=GNW
The global AIOps market is expected to grow from $4.58 billion in 2021 to $5.81 billion in 2022 at a compound annual growth rate (CAGR) of 26.76%. The AIOps market is expected to grow to $15.10 billion in 2026 at a compound annual growth rate (CAGR) of 26.95%.
The AlOps market consists of sales of the AIOps platform and services by entities (organizations, sole traders, partnerships) that refer to the use of natural language processing and machine learning models to help simplify and automate operational processes.Large enterprises’ systems, services, and applications generate massive amounts of log and performance data.
This data is used by AIOps to monitor assets and get visibility into dependencies within and outside IT systems. AIOps is beneficial in time and cost savings, increases IT capabilities, and accelerates digital transformation.
The main components of AIOps include platforms and services.AIOps Platform refers to a platform that integrates big data and machine learning capability to support all core IT operations activities via scalable data intake and analysis of IT’s ever-increasing amount, diversity, and velocity of data.
Small, medium and large-scale enterprises use AIOps to increase their efficiency of the enterprises.It can be deployed on-premise or cloud.
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