{"id":11193,"date":"2022-06-29T10:15:27","date_gmt":"2022-06-29T09:15:27","guid":{"rendered":"https:\/\/ee.yelkdev.site\/?p=11193"},"modified":"2024-12-10T02:25:12","modified_gmt":"2024-12-10T02:25:12","slug":"why-mlops-should-be-at-the-top-of-your-to-do-list","status":"publish","type":"post","link":"https:\/\/www.equalexperts.com\/blog\/tech-focus\/why-mlops-should-be-at-the-top-of-your-to-do-list\/","title":{"rendered":"Why MLOps should be at the top of your to-do list"},"content":{"rendered":"<p>If you\u2019re new to the world of MLOps, here\u2019s what you need to know: MLOps (which stands for machine learning operations) is a set of tools and ideas that help data scientists and operations teams to develop, deploy and monitor models in the AI world.<\/p>\n<p>That\u2019s a big deal because organisations that want to deliver AI projects often struggle to get projects off the ground at scale, and to deliver effective return on investment (ROI). Using MLOps helps those organisations to create machine learning models in a manner that is effective, consistent and scalable.<\/p>\n<p>Over the last decade, machine learning has become a critical resource for many organisations. Using ML models, companies can create models that can analyse vast quantities of structured and unstructured data, making predictions about business outcomes that can be used to inform faster, better decisions. The challenge, increasingly, is how those organisations monitor and manage multiple ML models and iterations.<\/p>\n<h2>MLOps brings discipline and structure to AI<\/h2>\n<p>That\u2019s where MLOps comes in. While DevOps focuses on how systems are developed with regard to security, compliance and IT resource management, MLOps focuses on the consistent development of scalable models. Blending machine learning with traditional devops models creates an MLOps process that streamlines and automates the way that intelligent applications are developed, deployed and updated.<\/p>\n<p>Examples of how MLOps is being used include:<\/p>\n<ul>\n<li>Telecoms \u2013 using MLOps systems to manage network operations and customer churn models.<\/li>\n<li>Marketing \u2013 in advertising, MLOps is being used to manage multiple machine learning models in production to present targeted ads to consumers.<\/li>\n<li>Manufacturing \u2013 Using machine learning models to predict asset maintenance needs and identify performance and quality problems.<\/li>\n<\/ul>\n<p>With MLOps, Data scientists can place models into production, then monitor and record their performance to ensure they\u2019re working well. With MLOps they can also capture information on all ML models in a standard form that allows other teams to use those models or revise them later.<\/p>\n<h2>How MLOps can deliver higher ROI<\/h2>\n<p>This isn\u2019t just about making life easier. We know that 90% of AI projects fail under current development frameworks. MLOps provides a far more reliable, cost-effective framework for development that can deliver successful projects much more quickly. By adopting MLOps, it becomes easier for organisations to make the leap from small-scale development to large-scale production environments. By increasing the speed and success of ML models being deployed, MLOps can improve the ROI of AI projects.<\/p>\n<p>It&#8217;s also worth considering that models \u2013 by their nature \u2013 need to change. Once an ML model is created and deployed, it generally won\u2019t continue operating in the same way forever. Models need to be constantly monitored and checked, to ensure they\u2019re delivering the right insights and business benefits. MLOps helps data scientists to make faster inventions when models need to be revised \u2013 such as during a global pandemic or supply chain crisis \u2013 with changes deployed at a faster rate.<\/p>\n<p>If organisations want to adopt MLOps they must first build the relevant skills within data and operations teams. This includes skills such as full lifecycle tracking and a solid AI infrastructure that enables the rapid iteration of new ML models. These will need to support both main forms of MLOps \u2013 predictive (charting future outcomes based on past results) and prescriptive (making recommendations for future decisions).<\/p>\n<h2>Need more guidance?<\/h2>\n<p>The key thing to understand about MLOps is that it can\u2019t guarantee success, but it will lower the cost of experimentation and failure.<\/p>\n<p>Ensuring you get the best results from MLOps isn\u2019t always easy, and our <a href=\"https:\/\/www.equalexperts.com\/our-services\/data\/mlops\/\">MLOps Playbook<\/a> is a good place to start for guidance on how to maximise the ROI and performance of models in your organisation. The playbook outlines the basic principles of effective MLOps, including creating solid data foundations, creating an environment where data scientists can create and the pitfalls to avoid when creating MLOps practices.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We know most AI projects fail to make it past experimentation. Adopting MLOps can help your organisation to make that leap, and realise the full potential of machine learning <\/p>\n","protected":false},"author":191,"featured_media":11195,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"footnotes":""},"categories":[3],"tags":[99,266,276,265],"location":[397],"class_list":["post-11193","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech-focus","tag-ai","tag-devops","tag-mlmodels","tag-mlops"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.9 (Yoast SEO v25.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Why MLOps should be at the top of your to-do list | Equal Experts<\/title>\n<meta name=\"description\" content=\"MLOps is a set of tools and ideas that help data teams to develop, deploy and monitor models in the AI world. 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Adopting MLOps can help your organisation to make that leap, and realise the full potential of machine learning\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.equalexperts.com\/blog\/tech-focus\/why-mlops-should-be-at-the-top-of-your-to-do-list\/\" \/>\n<meta property=\"og:site_name\" content=\"Equal Experts\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-29T09:15:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-10T02:25:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.equalexperts.com\/wp-content\/uploads\/2022\/06\/MLOps-to-do-fb.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1201\" \/>\n\t<meta property=\"og:image:height\" content=\"631\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Thorben Louw\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Why MLOps should be at the top of your to-do list\" \/>\n<meta name=\"twitter:description\" content=\"We know most AI projects fail to make it past experimentation. 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