AIOps Platform Market Expected to Deliver Dynamic Progression until 2031 | AppDynamics, BMC Software, Inc. , Broadcom, HCL Technologies Limited

New York, According to a new market research report published by Global Insight Services “AIOps Platform Market” is expected to grow by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

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An AIOps platform is a data processing platform that uses artificial intelligence, machine learning, and big data analytics to automatically identify and correct IT problems. The platform can be used to monitor, diagnose, and resolve issues in real time, thereby reducing the need for manual intervention. AIOps platforms can also be used to predict future problems and trends, and to optimize IT infrastructure and processes.

Key Trends

The key trends in AIOps Platform technology are:

1. Increased focus on artificial intelligence (AI) and machine learning (ML): AIOps platforms are increasingly incorporating AI and ML technologies to help automate various tasks such as event correlation, root cause analysis, and anomaly detection.

2. Increased integration with DevOps tools and processes: AIOps platforms are increasingly being integrated with DevOps tools and processes to help manage the ever-increasing volume and complexity of data generated by today’s digital businesses.

3. Increased use of open source technologies: AIOps platforms are making increasing use of open source technologies to provide more flexibility and cost-effectiveness.

4. Increased use of cloud-based technologies: AIOps platforms are increasingly making use of cloud-based technologies to provide more flexibility and scalability.

Key Drivers

AIOps platforms are gaining popularity as they help organizations to manage and monitor large and complex IT environments. The key drivers of AIOps Platform market are:

1. Increasing need for better IT operations management: As organizations adopt more and more digital technologies, the need for better IT operations management increases. AIOps platforms help organizations to monitor and manage large and complex IT environments.

2. Improved decision making: AIOps platforms help organizations to make better decisions by providing them with real-time insights into the IT environment. This helps organizations to avoid or resolve problems quickly.

3. Reduced costs: AIOps platforms help organizations to reduce costs by automating tasks and reducing the need for manual intervention.

4. Increased agility: AIOps platforms help organizations to be more agile as they provide real-time insights into the IT environment. This helps organizations to quickly adapt to changes in the IT environment.

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Market Segments

The AIOps Platform Market has been segmented into Offering Outlook, Application Outlook, Vertical Outlook, and Region. Based on the Offering Outlook, the AIOps Platform Market is bifurcated into Platform and Service. On the basis of Application Outlook, the market is segmented into Infrastructure Management, Application Performance Analysis, Real-Time Analytics, Network & Security Management, and Others. Based on Vertical Outlook market is segmented into BFSI, Healthcare & Life Sciences, Retail & E-commerce, and Others. Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and the Rest of the World.

Key Players

Some of the key players of AIOps Platform Market are AppDynamics (US), BMC Software, Inc. (US), Broadcom (US), HCL Technologies Limited (India), Micro Focus (UK), Moogsoft (US), ProphetStor Data Services, Inc. (US), Resolve Systems (US), Splunk Inc. (US), and VMware, Inc (US).

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Reasons to buy AIOps Platform Market Report:

• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market

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