Artificial Intelligence Is Set to Change the Face of IT Operations

Albany, NY -- (SBWire) -- 12/26/2018 --The ability to process information in a similar way as the thought processes of human beings in decision making, learning, and problem solving is called Artificial intelligence. The use of Artificial Intelligence for IT Operations (AIOps) is increasing rapidly. Artificial Intelligence for IT Operations is expected to be a rapidly developing technology.

The deployment of Artificial Intelligence technology in IT operations is rising significantly around the globe as organizations are now realizing the value and benefits of integrating artificial intelligence into their IT operations. Artificial intelligence can improve communications in an organization, bring innovation in processes, increase customer engagement, and help in assessing the sales process.

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Problems with manually managing IT operations and handling large amounts of data are increasing. This is driving the growth of the Artificial Intelligence in IT operations market. Another factor contributing to the rising adoption of Artificial Intelligence in IT operations is the demand for improved visibility and transparency in IT operations data and processes. Increasing implementation of Big Data for improving consumer satisfaction and services is an additional factor propelling the Artificial Intelligence for IT operations (AIOps) market.

Further, rise in demand for accuracy and safety in every industry is expected to drive the market in the coming years. However, lack of awareness about developments in Artificial Intelligence technology in IT operations is estimated to be a restraining factor for the market.

The global Artificial Intelligence for IT operations (AIOps) market can be segmented based on component, technology, organization size, and region. Based on component, the market can be classified into software (further segmented into on-premise and cloud-based) and services (further segmented into professional and managed services).

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Cloud deployment offers various benefits such as reduced operational and maintenance costs with more scalability and fewer complexities. In terms of technology, the Artificial Intelligence for IT operations (AIOps) market can be categorized into natural language processing (NLP), computer vision, machine learning (ML), and context-aware computing.