System and method for ai based incident impact and root cause analysis

A non-transitory computer-readable medium storing a set of instructions for reducing data record processing in incident report generation, the set of instructions comprising:

• one or more instructions that, when executed by one or more processing circuitries of a device, cause the device to:
• access a plurality of event records, each event record generated based on an event identifying a resource in a computing environment, each event record including a plurality of data fields;
• parse each event record based on a predetermined data field of the plurality of data fields;
• extract from each predetermined data field a data value;
• correlate a group of event records of the plurality of event records based on at least an extracted data value;
• generate an incident data record based on the extracted data values of the correlated group of event records;
• generate a prompt based on the incident data record;
• process the prompt utilizing a language model (LM);
• generate an incident report based on an output of processing the prompt utilizing the LM;
• and
• store the incident report in a database associated with the computing environment.

A system for reducing data record processing in incident report generation comprising:

• a processing circuitry;
• a memory, the memory containing instructions that, when executed by the processing circuitry, configure the system to:
• access a plurality of event records, each event record generated based on an event identifying a resource in a computing environment, each event record including a plurality of data fields;
• parse each event record based on a predetermined data field of the plurality of data fields;
• extract from each predetermined data field a data value;
• correlate a group of event records of the plurality of event records based on at least an extracted data value;
• generate an incident data record based on the extracted data values of the correlated group of event records;
• generate a prompt based on the incident data record;
• process the prompt utilizing a language model (LM);
• generate an incident report based on an output of processing the prompt utilizing the LM;
• and
• store the incident report in a database associated with the computing environment.