Running IT-as-a-Service Part 24: Total Cost of Ownership is dead – Long live the Total Cost of Service

DevOps. MLOps. LLMOps. Do IT teams need yet another buzzword? While it may be tempting to think of large language model ops (LLMOps) as a subset of machine learning ops (MLOps), that would prevent us from exploiting the real benefits of building enterprise applications with large language models (LLMs) – scale and speed of development.