What is ModelOps and How it works.


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Uploaded on Jan 27, 2021

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What is ModelOps and How it works.

WHAT IS MODELOPS AND HOW IT WORKS? INTRODUCTION • ModelOps (model operations) is a holistic approach to building analytics models that can quickly progress from the lab to production. Source: techtarget.com ELEMENTS OF A MODELOPS APPROACH • Accessing data from a trusted source and maintaining privacy and security standards. • Avoiding rework by keeping a deployment scenario in mind when creating models. • Retaining data lineage and track-back information for governance and audit compliance. Source: techtarget.com BENEFITS OF MODELOPS • Although not yet widely used, ModelOps can help companies that face increasing challenges in scaling their analytics to move models from the data science lab into IT production. Source: techtarget.com CHALLENGES OF MODELOPS • The analytics model must be compatible from the creation environment to the production environment. • The model must be portable. • Monolithic and locked-in platforms may limit what organizations can do or offer services companies don't need. Source: techtarget.com HOW DOES MODELOPS WORK? • The ModelOps team helps foster communication between data scientists, data engineers, application owners and infrastructure owners and coordinates proper handoffs and execution so that models can advance to the so-called last mile. Source: techtarget.com PERFORMANCE PARAMETERS • Set up and track accuracy goals for models through development, validation and deployment. • Identify business metrics affected by the model in operation. Determine if the model is having the intended effects. Source: techtarget.com MONITOR • Track metrics such as data size and frequency of update, locations, categories and types. • These metrics can help determine if model performance problems are a result of changes in the data and its sources. • Monitor how much computing resources or memory models consume. Source: techtarget.com ARTIFICIAL INTELLIGENCE • With the rapid adoption of artificial intelligence (AI) and machine learning, analytical assets and models are multiplying at a fast pace. Source: techtarget.com MODEL DEVELOPMENT • As model development becomes more prevalent for solving business problems, deployment and governance often are the last hurdle. Source: zdnet.com THANK YOU