05/06/2024 | News release | Distributed by Public on 05/06/2024 09:51
AIOps, or artificial intelligence for IT operations, helps companies leverage AI and machine learning to manage and automate the IT operations process. The technology works by collecting and analyzing operational data and then providing IT professionals the next-best remediation actions to help fix IT incidents faster or even prevent them before they occur.
We believe the primary benefits of observability and AIOps platforms include:
Whether it be for revenue generation, margin accretion, or improved resource allocation, we believe organizations are quickly realizing the benefits of automating manual workflows and being more data driven in the way they manage their IT operations.
We believe the largest secular tailwinds behind this category include:
Moving forward, we believe modern observability and AIOps platforms will continue to see strong growth.
We believe winners in this space will be:
Over time, we believe these platforms will increasingly displace manual tasks, reactionary policies, and inefficient homegrown solutions. By automating legacy processes and consolidating fragmented point solutions, modern AIOps platforms are helping customers operate more efficiently, act with agility amid changing business environments, and most importantly, they are helping customers make their IT assets work better.