Understanding AIOps: Its Working, Phases, Types, Use Cases, Benefits

They are now focusing on the use of AI-driven systems to effectively guide and lead within the ever-changing technological landscape. AI is used to improve IT operational processes (AIOps) and fulfills this need by combining AI in conjunction with automatic algorithms, giving IT teams a comprehensive view of the system's performance in the face of increasing demands on data and evolving architectures for applications. According to the market, in 2024, the market for AIOps platforms was worth USD 11.7 billion. This market is expected to reach USD 32.4 billion by 2028, with an annual compound rate of growth (CAGR) in the range of 22.7 percent.