How to Develop a SaaS Application – A Complete Guide
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MLOps stands for Machine Learning Operations. MLOps is a core function of Machine Learning engineering, focused on streamlining the process of taking machine learning models to production, and then maintaining and monitoring them. MLOps is a collaborative function, often comprising data scientists, devops engineers, and IT.
Productionizing machine learning is difficult because it requires many complex components such as data ingest, data prep, model training, model tuning, deployment, monitoring and explainability. It also needs collaboration and hand-offs between teams from Data Engineering to Data Science to ML Engineering. To keep all these processes synchronous naturally requires stringent operational rigor.
When it comes to automating AI, companies are struggling. It’s not just that they’re having trouble scaling their processes and implementing new technologies, but also with adopting them. As a result, the majority of enterprises have yet to implement AI in any meaningful way.
Approximately 10 percent of corporate artificial intelligence initiatives are actually implemented. This low and inefficient rate is due to two natural occurrences that have resulted in a variety of issues.
The solution: MLOps, Machine Learning’s tailored approach to productionizing models.
MLOps is a combination of tools and practices aimed at helping you manage your data, models, and algorithms in production. It spans the entire data pipeline from ingestion through inference; it encompasses both batch and online workloads; it supports all types of ML models (linear regression, logistic regression, etc.), as well as decision trees or any other model type you can think of.
With MLOps, the process is standardized, steps are automated, goals are aligned and tooling meets the business requirements. An ML Ops solution provides:
MLOps does not offer a one-size-fits-all solution for building machine learning pipelines; instead it lets you tailor your deployment strategy based on business needs. For example, if your goal is to optimize sales efficiency by predicting customer lifetime value (LTV), then MLOps helps you build an end-to-end model portfolio optimized for this specific use case without requiring significant engineering resources or custom software development workflows.
There are many components that go into a successful MLOps solution. The following is a list of some key components:
The primary benefits of MLOps are efficiency, scalability, and risk reduction.
Efficiency: MLOps allows data teams to achieve faster model development, deliver higher quality ML models, and faster deployment and production.
Scalability: MLOps also enables vast scalability and management where thousands of models can be overseen, controlled, managed, and monitored for continuous integration, continuous delivery (CD), and continuous deployment (CI/CD). Specifically, MLOps enables the following:
Risk Reduction: With risk mitigation in place from an early stage in the project lifecycle (e . g. data quality, uncertainty assessment), MLOps can help reduce the overall risk of a project by enabling faster feedback and resolution of issues.
Here are some best practices for implementing MLOps in your organization:
At Aegasis Labs, we have world-class ML Engineers dedicated to building MLOps solutions. Our ML Engineers can productionize your AI initiatives, using an MLOps approach, and have done this for many leading companies. Check out our latest case study with Novai to find out more.
How to Develop a SaaS Application – A Complete Guide
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