AIOPS PLATFORM MARKET ANALYSIS

Global AIops Platform Market- Key Companies Insights

Small and mid-size company segment is expected to witness significant growth with the highest CAGR during the forecast period. This is owing to the increasing adoption of cloud computing technology and advanced technologies such as machine learning, analytics, and others in the segment. For instance, a business analytics tool is a resource-intensive software or solution, which requires huge data storage capacity provided by cloud platforms. Moreover, cost-effective and rapidly implementing features have increased the demand for cloud-based business analytics solutions by small and mid-sized companies. Such high adoption of cloud-based platforms fuels demand for AIops platforms.         

The major players operating in the global AIOps platform market include International Business Machines Corporation, Splunk Inc., CA Technologies, VMware, Inc., Micro Focus International plc., HCL Technologies Limited, AppDynamics, BMC Software, Inc., Moogsoft, and FixStream Network Inc.