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GAVS Technologies Recognized as a Key Innovator in AIOps Platform Market


June 20, 2019

MarketsandMarkets recently released a report on the AIOps platform market, which predicts that the total size of the AIOps platform market will be a USD 11.02 billion by 2023. In their research, they discovered that the major players in this space have leveraged partnerships, integrations and collaboration to deliver strong AIOps platform and its associated services in this growing market.

“Implementing AIOps platform gives enterprises an effective foundation in organizing large volumes of data that make it easy to take action and increase monitoring capabilities that reveal patterns” said Ajinkya Jadhav, Industry Analyst for IoT and Telecom Markets at MarketsandMarkets. “The AIOps platform market is growing, due to rising demand of AI-based services in IT operations and increasing shift of organizations core business toward cloud. Moreover, the increasing investment in AI technologies and growing need of business for a holistic 360 degree visibility are offering major opportunity for AIOps vendors.”

Considering the strong offering from GAVS, MarketsandMarkets has identified GAVS as one of major AIOps platform vendor. GAVS’ AIOps platform offers machine learning and advanced analytics to spot patterns in IT infrastructures. It proactively identifies problems before they occur within the IT environment and remediates problems either through machine learning or human intervention. The platform combines big data and artificial intelligence to enhance IT operations and tasks as appropriate through event correlation, analysis, and automation.

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth emerging opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.

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