Mar 30, 2023. By Jishnu T Jojo
The evolution of predictive analytics systems within today's digital landscape offers an unprecedented ability to plan proactively and mitigate risks. This helps provide a clear picture of how system modifications affect IT operations, security, and compliance. With a drastic increase in the complexity and volume of IT operations, it is imperative to leverage technology to handle this in new, more efficient ways. This offers high scalability, considerably lowering the cost with interruption avoidance, lesser ops, and CloudOps personnel. In the long run, this provides a huge ROI. Let's examine how ITOps is changing as a result of predictive analytics. High-end data analytics is necessary for IT teams to have visibility into their IT services and infrastructure. Rich observability enables IT teams to make smarter operational choices that increase service availability. However, making decisions about the type of data analytics to perform and the technologies to use takes time. To optimize IT operations, a precise balance of predictive and prescriptive data analytics is required. How do AIOps assist businesses with predictive analysis? Automated predictive analysis is something that AIOps (Artificial Intelligence for IT Operations) can assist you with. Data gathered from various sources is automatically parsed by AIOps platforms to be ready for predictive analysis. AIOps platforms analyze patterns and trends in the data set to find abnormalities and outliers. Also, it will give you practical advice on how to handle a situation. As a result, you can lessen the likelihood of IT outages since you can identify and address anomalies more quickly. By predicting resource usage, predictive analytics enables you to ensure greater performance. It can assist you in foreseeing ticket volumes, spikes, and resource usage levels. To be proactive and prevent IT downtime, you can also estimate issue volume and usage patterns. Furthermore, by recognizing trends and circumstances preceding an outage and taking appropriate preventative measures, predictive analytics can help organizations forecast probable failures and liabilities.
How predictive analytics techniques can prevent IT outages and help ITOps 1. Anomaly detection The initial step in identifying an incident is identifying outliers in the data collection. A data point that significantly deviates from accepted norms is referred to as an outlier. In multivariate anomaly identification, an outlier is defined as the average of at least two variables' scores. When mapping the sales and profit data points, for example, an outlier can be found by combining anomalous sales and profit statistics. A data point can still be examined if it does not show a correlation between sales and profit. Multivariate anomaly detection will benefit a business from predictive analytics employing AI applications. By combining two or more variables, predictive analytics software will automatically correct the value of an outlier. Any data point later identified as an outlier can be immediately identified. Your ability to stop IT breakdowns will be further aided by quicker anomaly detection. 2. Predict network outages An ML-powered program examines a time series of thousands of events from applications and infrastructure to find trends. These patterns reduce the volume of alerts, identify the fundamental cause, and comprehend the future consequences of repeating similar patterns. They also alert the team proactively about any prospective outages and network disruptions. 3. Resolving capacity problems To forecast capacity exhaustion, machine learning algorithms examine previous trends in the consumption of infrastructure resources, such as CPU, memory, etc. Because more bandwidth may be introduced automatically or manually thanks to predictive analytics, every resource will continue working because of capacity constraints. Also, to meet the increased demand, firms may buy extra capacity and reserve instances in advance, resulting in significant cost savings. 4. Cybersecurity AI-powered predictive analytics will also aid in identifying possible hazards and weaknesses in the IT infrastructure. IT systems can be offline longer as a result of cyberattacks. Tools for predictive analytics can spot any fraud within a business. Additionally, it keeps track of every incidence and pattern that occurs during cyberattacks. The same cyberattack will be easily recognized if it happens repeatedly using predictive analysis techniques. Models for predictive analytics closely monitor software systems. Predictive analysis will be used to find any IT infrastructure weaknesses beforehand. The likelihood of an IT outage can be greatly reduced by removing cyber risks. 5. Real-time predictive management of application health ITOps teams can react to a decline in application health before operations are halted by real-time application health monitoring. The application generates a variety of compiled data, including configuration information, network logs, application logs, performance logs, and error logs. Multivariate machine learning methods examine this data across numerous dimensions to determine the typical behavior of the application. The model detects unexpected patterns as new data enters the application and notifies the IT staff so they may investigate them before a business-critical outage occurs.
According to recent surveys, most firms are currently utilizing AIOps for more accurate predictive analysis. As a result, you can reduce costs using an AIOps-based analytics platform because it improves decision-making skills for problem-solving and IT management. To know more about Algomox AIOps, please visit our AIOps platform page