Funding Strategies for AIOps Projects in 2023

This whitepaper outlines a five-stage approach to securing funding for AIOps projects in the challenging economic landscape of 2023. It emphasizes the importance of a targeted and strategic funding request process, addressing both pre- and post-deployment considerations. The document details the necessity of prioritizing use cases that promise solid returns on investment and creating a compelling business case that aligns with corporate goals. It highlights the critical need for upstream and downstream funding to support AIOps capabilities, including data availability and automation processes. Additionally, the whitepaper discusses the creation of strong KPIs to measure the tangible value of AIOps initiatives, focusing on customer experience and performance metrics. It also stresses the importance of addressing cultural issues related to AIOps, such as model explainability and iterative development processes. By following these guidelines, organizations can enhance their chances of successfully funding and implementing AIOps solutions.