To add to this informative post: The original form of the phrase is "the king is dead, long live the king". It was used when the king died in the sense of "the

To add to this informative post: The original form of the phrase is "the king is dead, long live the king". It was used when the king died in the sense of "the [old] king is dead, long live the [new] king". So in that light it means "[the old way of] devops is dead, long live [the new way of] devops".