The definition by Gartner states that "AIOps combines big data and machine learning to automate IT operations processes, including event correlation, anomaly detection, and causality determination."
So, what exactly is AIOps? Artificial Intelligence for IT Operations or AIOps in short, leverages AI and its subsets to monitor and resolve issues related to the IT operations of a business.
According to a recent report, the Global AIOps Market is projected to reach 6.88 billion by 2025, at a CAGR of 29.89% from 2020 to 2027.
Digital transformation has redefined business operations, especially the ITOps. Large companies with multi-layered operation systems can leverage AIOps to speed up critical services and improve customer experience. These days startups are also utilizing AI to automate IT infrastructure.
With AI and ML-based applications, it is easier to find the root causes of issues without employing costly IT war rooms.
The rapid digital transformation introduced automation but, the coming years will witness the boom of AI in business operations. While adopting AIOps for your business, there needs to be a clear understanding of the technology and its capabilities. Companies should make their employees aware of what AIOps will do to their IT infrastructure and how it will contribute to business growth. AI is often looked upon with the suspicion of wiping out jobs and taking over the human race, which is not true. Implementing AI to your operations will demand better skill sets and organizations can use this opportunity to upskill and train their employees.
IT leaders should set success criteria while adopting AIOps which will provide visibility of ROI, productivity, and prospective business goals that can be measured. Organizations should divide data sets and pick necessary data that can be leveraged to identify business outcomes. Since AIOps depend on datasets from various business segments, it is imperative to identify, prioritize, and segregate data.
If employed correctly and with the right goals, AIOps can provide greater benefits to the business organizations and streamline IT operations with minimum human intervention.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.