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AI Orchestration Market Growth Driven by Increasing Adoption of Artificial Intelligence in Enterprise Workflows

06-12-2023 01:04 PM CET | IT, New Media & Software

Press release from: Allied Market Research

AI Orchestration Market

AI Orchestration Market

The AI orchestration market was valued at $5.2 billion in 2021 and is anticipated to increase at a CAGR of 21.5% from 2022 to 2031 to reach $35.2 billion.

Worldwide, businesses continue to invest in AI, but relatively few are able to realise a true return on their efforts. Enterprises may overcome the barriers to AI adoption with the aid of AI orchestration. a platform that unifies data analytics and AI orchestration and is intended to expand and hasten the deployment of AI throughout the organisation. The market prediction for AI orchestration is driven by these elements. Additionally, it is anticipated that the implementation of industry 4.0 trends, expanding digital dependence, and rising operational efficiency requirements would provide lucrative prospects for the advancement of the AI orchestration market during the forecast period.

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The widespread adoption of AI across industries is a primary driver of the AI orchestration market. Organizations are leveraging AI technologies to gain valuable insights, automate processes, and improve decision-making. As AI deployments become more complex and diverse, the need for efficient management and orchestration of AI workflows arises. AI orchestration platforms provide the necessary tools and capabilities to streamline the development, deployment, and maintenance of AI models, driving market growth.

AI workflows involve multiple stages, including data preparation, model training, validation, deployment, and monitoring. Managing and coordinating these complex workflows can be challenging. AI orchestration solutions simplify the process by providing a centralized platform to manage and automate various tasks, such as data ingestion, model training, and inference. With the increasing complexity of AI deployments, organizations are turning to AI orchestration tools to ensure seamless integration and efficient execution of AI workflows.

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Scalability is a critical requirement in AI deployments, especially as organizations handle large volumes of data and require more computational resources. AI orchestration platforms offer features like resource allocation, load balancing, and auto-scaling, enabling organizations to optimize resource utilization and scale AI operations efficiently. This scalability and resource optimization capability provided by AI orchestration solutions drive market growth as businesses seek to maximize the efficiency and cost-effectiveness of their AI initiatives.

As AI technologies become more pervasive, the importance of governance and compliance in AI workflows increases. Organizations need to ensure ethical and responsible AI practices, data privacy, and regulatory compliance. AI orchestration platforms play a crucial role in enforcing governance and compliance policies by providing transparency, auditability, and version control of AI models. The market is driven by the growing demand for AI orchestration solutions that offer robust governance and compliance features to address regulatory requirements and build trust in AI systems.

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The key players that operate in the AI orchestration market analysis are BMC Software, Inc., Capgemini Services SAS, Cisco Systems, Inc., Fujitsu Limited, General Electric Company, Hewlett Packard Enterprise Company, IBM Corporation, Oracle Corporation, TIBCO Software Inc., and Wipro Limited. These players have adopted various strategies to increase their market penetration and strengthen their position in the AI orchestration industry.

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