Global AIOps Platform Market: Overview

Artificial Intelligence for IT Operations (AIOps) is platform that enhances IT operations and offers the multilayers facilities by using machine learning and analytics. This platforms analyzes the big data collected from various IT operations solutions and devices that resolves the issues in real time.

The AIOps platform market report discusses the growth factors, opportunities, trends, and challenges. These market dynamics show the current scenario coupled with future growth and opportunities present in the global AIOps platform market. One of the key part of the report is vendor landscape, which also involves the details of key players such as segmental share, company history, annual turnover, new product launches, SWOT analysis, mergers and acquisitions (M&A) activities, and recent research and development (R&D).

Some of the key players operating in the AIOps platform market are:
IBM, CA Technologies, Micro Focus, VMware, Splunk, HCL, AppDynamics, MoogSoft, BMC Software, FixStream, and Correlsense.

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Global AIOps Platform Market: Drivers and Restraints

Major factor propelling growth for the market includes high demand of AI-based software services in IT operations, increasing end-to-end business application assurance and uptime, and increasing shift of organization core business toward the cloud. Additionally, high investments in the AIOps technology influence positively on the market growth.

This platform offers the usage of multiple sources of data, analytical and presentation technologies, and data collection methods. The platform provides multiple IT operations disciplines coupled with advanced analytical competences directly and indirectly. It is a centralized and flexible, which helps to deliver data insights continuously provided by automated algorithmic ML skills for analyzing extraordinary amounts of data.  For using the technologies, AIOps platforms offers multiple layers which addresses different functionalities including data collection and storage, visualization, analytical tools, and integrations with other applications. The aforementioned factors are fuelling its adoption and likely to propel growth of the AIOps platforms market.

However, lack of skilled professionals coupled with rapid changes in IT operations is emerging as major restraining factors for the growth of the AIOps platform market. Nevertheless, the recent developments and new product launches, growing acquisitions for carting advanced technologies by the major market players are expected to boost the market growth.

Market segmentation based on geography:

  • North America
  • South America
  • Europe
  • Asia Pacific
  • Middle East and Africa

This report gives access to decisive data, such as:

  • Market growth drivers
  • Factors limiting market growth
  • Current market trends
  • Market structure
  • Market projections for the coming years

Key highlights of this report include:

  • Overview of key market forces propelling and restraining market growth
  • Up-to-date analyses of market trends and technological improvements
  • Pin-point analyses of market competition dynamics to offer you a competitive edge
  • An analysis of strategies of major competitors
  • An array of graphics and SWOT analysis of major industry segments
  • Detailed analyses of industry trends
  • A well-defined technological growth map with an impact-analysis
  • Offers a clear understanding of the competitive landscape and key product segments

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