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Operational AI: Achieving Next-Level Value From AI

Technology research firm Gartner has estimated that as much as 85% of all AI and ML projects fail to produce a return for the business. One major reason that organizations struggle to achieve value from AI projects is that, after having invested in data science to create innovative ML models, they fail to adopt the processes, team, and tools to effectively put models into a production environment where they can deliver value.

To avoid this trap and achieve greater value from AI, businesses must stop thinking of models as an end on their own. A model is just a way to transform data written in the form of a function — similar to software. Making the transition from “artisanal” data science to “industrial” ML at scale requires organizations to adopt an Operational AI mindset along these main dimensions:

  • People: An ML Platform team responsible for managing the tooling and process for operationalizing models.
  • Process: Standardized processes and best practices for putting models into production.
  • Technology: An Operational AI platform that specifically supports the requirements for operationalizing, managing and monitoring models in production.

By adopting a software mindset around ML and putting in place the team, processes and tools to safely and efficiently deploy ML models, businesses can significantly increase AI velocity, reduce MLOps cost of ownership, improve data science productivity, and deliver greater value from their AI innovations.

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What does it take to become an AI-forward organization? Read the Guide to Operational AI and learn how to adopt an Operational AI mindset, including: A roadmap for Operational AI, the people & technology you need, and a reference architecture for AI.

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Operational AI

Achieving Next-Level Value From AI By Focusing On The Operational Side Of Machine Learning

A Forbes article highlights the importance of focusing on the operational side of machine learning to achieve the next level of value from AI.

forbes.com


AIOps Market to exceed $38 Bn by 2032

According to Global Market Insights, the AIOps market is set to exceed $38bn by 2032.

globenewswire.com


AI's New Role In Medicine, Finance And Other Industries

Upstream Works is said to be blazing trails in a competitive industry with its cloud-based solutions for customer service and contact centers.

yahoo.com

Operational AI & Security

Understanding AIOps and Its Impact on Cybersecurity Management

AITHority covers the topic of AIOps and its impact on cybersecurity management, explaining the importance of integrating AI into IT operations.

aithority.com


How Lumeo Simplifies Video Analytics With A Low/No Code Vision AI Platform

Forbes introduces Lumeo, a low/no-code vision AI platform that simplifies video analytics.

forbes.com


Use of AI and Machine Learning in Detecting and Preventing Network Security Breaches

The use of AI and machine learning in detecting and preventing network security breaches is highlighted in a news article by Big News Network.

bignewsnetwork.com

Operational AI & Industries

AI May Actually Help Humanize Financial Services

Joe McKendrick from Forbes argues that AI may actually help humanize financial services.

forbes.com


Lucy 4 is Moving Ahead with Generative AI for Knowledge Management

Artificial Intelligence News covers the release of Lucy 4, a generative AI tool for knowledge management.

artificialintelligence-news.com


Here's How AI can Benefit the Retail Sector

The World Economic Forum discusses how AI can benefit the retail sector, particularly in areas such as personalized shopping experiences and supply chain optimization.

weforum.org


One of the Next Big AI Disruptions could be in the Music Industry

TechXplore reports on the big impact AI is having in the field of text-to-audio generation.

techxplore.com

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Get Your Guide to Operational AI

What does it take to become an AI-forward organization? Read the Guide to Operational AI and learn how to adopt an Operational AI mindset, including: A roadmap for Operational AI, the people & technology you need, and a reference architecture for AI.

[Download now]

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