Sheetal2315 May, 2025Technology
is forecasted to expand from USD 11.7 billion in 2023 to USD 32.4 billion by 2028, reflecting a compound annual growth rate (CAGR) of 22.7% during the projected period. AIOps (Artificial Intelligence for IT Operations) leverages artificial intelligence (AI) and machine learning (ML) to enhance IT operations by streamlining processes, analyzing data, and proactively resolving issues. It gathers data from multiple sources, applies advanced analytics, and automates tasks such as event management and incident prioritization.
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