DUBLIN--(BUSINESS WIRE)--The "AIOps Platform Market by Component, Service (Implementation, Consulting, and Managed Services), Application (Real-time Analytics, Infrastructure Management, and Application Performance Management), Vertical, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The global AIOps market size is expected to grow from USD 2.55 billion in 2018 to USD 11.02 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 34.0% during the forecast period.
Major growth factors for the market include the growing demand for AI-based services in IT operations, increasing shift of organizations' core business toward the cloud, and increasing end-to-end business application assurance and uptime. In addition, increasing investments in the AIOps technology is also a key growth factor for the market. However, lack of skilled professionals may restrain the market growth.
AIOps platform encompasses a combination of various AI strategies including data output, aggregation, analytics, algorithms, automation and orchestration, ML, and visualization. These platforms enable the use of multiple sources of data, data collection methods, and analytical and presentation technologies. The platform provides multiple IT operations disciplines with advanced analytical capabilities directly and indirectly.
The platform is centralized and flexible, and helps to deliver data insights continuously provided by automated algorithmic ML capability analyzing unprecedented amounts of data. To use these technologies, AIOps platforms contain multiple layers that address different functionalities, such as data collection and storage, analytical tools, visualization, and integrations with other applications and services.
Managed services offerings have been evolved, owing to technological advancements, such as AIOps applications which allow IT professionals to operate beyond the usual specialized scenarios and expand into more complex and heterogeneous business environments. These services refer to the outsourcing of in-house functionalities, so that they can be managed by third-party Managed Service Providers (MSPs).
Managed services include consulting, integration, and maintenance of deployed solutions. An MSP is a third-party contractor who delivers network-based services, applications, and equipment to enterprises, residences, and other service providers. MSPs manage and assume full responsibility for offering a defined set of services to their clients.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 AIOps Platform Market, By Component
7 Market By Service
8 Market By Application
9 AIOps Platform Market, By Organization Size
10 Market By Deployment
11 AIOps Platform Market, By Vertical
12 AIOps Platform Market, By Region
13 Competitive Landscape
14 Company Profiles
- AIMS Innovation
- Appnomic Systems
- BMC Software
- CA Technologies
- GAVS Technologies
- HCL Technologies
- Interlink Software
- Loom Systems
- Micro Focus
- Tech Mahindra
For more information about this report visit https://www.researchandmarkets.com/research/2lnv2r/11_billion_aiops?w=4