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Why is AIOps an Industrial Benchmark for Organizations to Scale in this Economy?

January 07. 2021
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Business Environment Overview

In this pandemic economy, the topmost priorities for most companies are to make sure the operations costs and business processes are optimized and streamlined. Organizations must be more proactive than ever and identify gaps that need to be acted upon at the earliest.

The industry has been striving towards efficiency and effectivity in its operations day in and day out. As a reliability check to ensure operational standards, many organizations consider the following levers:

  1. High Application Availability & Reliability
  2. Optimized Performance Tuning & Monitoring
  3. Operational gains & Cost Optimization
  4. Generation of Actionable Insights for Efficiency
  5. Workforce Productivity Improvement

Organizations that have prioritized the above levers in their daily operations require dedicated teams to analyze different silos and implement solutions that provide the result. Running projects of this complexity affects the scalability and monitoring of these systems. This is where AIOps platforms come in to provide customized solutions for the growing needs of all organizations, regardless of the size.

Deep Dive into AIOps

Artificial Intelligence for IT Operations (AIOps) is a platform that provides multilayers of functionalities that leverage machine learning and analytics.  Gartner defines AIOps as a combination of big data and machine learning functionalities that empower IT functions, enabling scalability and robustness of its entire ecosystem.

These systems transform the existing landscape to analyze and correlate historical and real-time data to provide actionable intelligence in an automated fashion.

AIOps platforms are designed to handle large volumes of data. The tools offer various data collection methods, integration of multiple data sources, and generate visual analytical intelligence. These tools are centralized and flexible across directly and indirectly coupled IT operations for data insights.

The platform aims to bring an organization’s infrastructure monitoring, application performance monitoring, and IT systems management process under a single roof to enable big data analytics that give correlation and causality insights across all domains. These functionalities open different avenues for system engineers to proactively determine how to optimize application performance, quickly find the potential root causes, and design preventive steps to avoid issues from ever happening.

AIOps has transformed the culture of IT war rooms from reactive to proactive firefighting.

Industrial Inclination to Transformation

The pandemic economy has challenged the traditional way companies choose their transformational strategies. Machine learning powered automation for creating an autonomous IT environment is no longer a luxury. he usage of mathematical and logical algorithms to derive solutions and forecasts for issues have a direct correlation with the overall customer experience. In this pandemic economy, customer attrition has a serious impact on the annual recurring revenue. Hence, organizations must reposition their strategies to be more customer centric in everything they do. Thus, providing customers with the best-in-class service coupled with continuous availability and enhanced reliability has become an industry-standard.

As reliability and scalability are crucial factors for any company’s growth, cloud technologies have seen a growing demand. This shift of demand for cloud premises for core businesses has made AIOps platforms more accessible and easier to integrate. With the handshake between analytics and automation, AIOps has become a transformative technology investment that any organization can make.

As organizations scale in size, so does the workforce and the complexity of the processes. The increase in size often burdens organizations with time-pressed teams having high pressure on delivery and reactive housekeeping strategies. An organization must be ready to meet the present and future demands with systems and processes that scale seamlessly. This why AIOps platforms serve as a multilayered functional solution that integrates the existing systems to manage and automate tasks with efficiency and effectivity. When scaling results in process complexity, AIOps platforms convert the complexity to effort savings and productivity enhancements.

Across the industry, many organizations have implemented AIOps platforms as transformative solutions to help them embrace their present and future demand. Various studies have been conducted by different research groups that have quantified the effort savings and productivity improvements.

The AIOps Organizational Vision

As the digital transformation race has been in full throttle during the pandemic, AIOps platforms have also evolved. The industry did venture upon traditional event correlation and operations analytical tools that helped organizations reduce incidents and the overall MTTR. AIOps has been relatively new in the market as Gartner had coined the phrase in 2016.  Today, AIOps has attracted a lot of attention from multiple industries to analyze its feasibility of implementation and the return of investment from the overall transformation. Google trends show a significant increase in user search results for AIOps during the last couple of years.

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While taking a well-informed decision to include AIOps into the organization’s vision of growth, we must analyze the following:

  1. Understanding the feasibility and concerns for its future adoption
  2. Classification of business processes and use cases for AIOps intervention
  3. Quantification of operational gains from incident management using the functional AIOps tools

AIOps is truly visioned to provide tools that transform system engineers to reliability engineers to bring a system that trends towards zero incidents.

Because above all, Zero is the New Normal.

About the Author –

Ashish Joseph

Ashish Joseph is a Lead Consultant at GAVS working for a healthcare client in the Product Management space. His areas of expertise lie in branding and outbound product management.

He runs a series called #BizPective on LinkedIn and Instagram focusing on contemporary business trends from a different perspective. Outside work, he is very passionate about basketball, music and food.