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Tools, data, and processes are managed through Artificial Intelligence (AI) orchestration in order to address complex AI problems using model-building without code. It combines the existing and future IT infrastructure along with all the applications and tools to accelerate and streamline all business tasks. AI orchestration makes it possible to automate the full administration and governance of all AI and decision-making models across the organization. AI orchestration assists the IT team in managing the workflow and database by reducing the risks and aims to provide fast and accurate insights.
According to Gartner, by 2025, 50% of organization will aim to develop AI orchestration to operationalize AI platforms and by 2024, 70% of enterprises are projected to use cloud-based infrastructure to boost business efficiency.
Growing demand for AI and ML for data management is one of the major factors driving the growth of the market. Rising penetration of AI for business transformation is propelling the growth rate of the market.
COVID-19 has severe impact on all industries due to restrictions and lockdowns, resulting in disturbances in supply networks. The pandemic brought sudden shift in business architecture, which significantly accelerated the migration of business operations process on cloud platform for business continuity. Furthermore, penetration of AI and ML technology among various industries automated the end-to-end operational process for developing the business performance.
Many companies have adopted work-from-home culture during pandemic to ensure minimal business impact. This has huge impact on the rapid & flexible deployment of on-premise, public or private cloud operations.
The report will cover the following key insights:
Based on end-user, the market has been categorized into IT & telecom, healthcare, energy & utility, BFSI, defense, government, transportation & logistics, and others. The healthcare industry is projected to hold the largest AI orchestration market share, owing to significant improvement by delivering real-time insights to understand the needs of the customer. Healthcare is followed by BFSI, where penetration of AI helps to optimize the cost by reducing the risks of cyber fraud to improve customer experience.
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The global AI orchestration market has been studied for North America, Europe, Asia Pacific, the Middle East & Africa, and South America. North America is estimated to hold a major share in the AI orchestration market due to the presence of various major AI orchestration players in the area and rising adoption rate of AI & ML technologies across BFSI and healthcare to increase data security. Also, the rising trend of digital transformation is one of the key elements influencing the growth of the AI orchestration industry in this region.
The key players in the market include IBM, Oracle, Rapid Acceleration Partners, Inc., Botminds.ai., CA Technologies, TIBCO, Activeeon S.A.S., AltaSigma GmbH, ModelOp, Appian, Union.ai, and others.
By Deployment | By Enterprise Type | By End-user | By Region |
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