What is ModelOps?
ModelOps is a broader term encompassing the operationalization of various types of models beyond just machine learning models. It includes practices and tools for deploying, monitoring, and managing all types of models, such as statistical models, predictive models, and business rule-based models, in production environments. ModelOps focuses on the end-to-end lifecycle management of models, including versioning, testing, deployment, and monitoring, to ensure that models deliver value and remain effective over time.
Activities that are performed as part of ModelOps, following are some activities:
- Turning ML Workflows into Operations: Imagine a recipe for creating and using your AI model. ModelOps helps turn that recipe into a smooth, automated process.
- Automating AI Operations: Repetitive tasks involved in running AI models, like training and testing, are automated to save time and effort.
- Streamlining the Entire Pipeline: This includes automating everything from training the model (data pipeline) to managing different versions (version control), handling data, tracking experiments, testing the model’s performance, and finally deploying it for real-world use.
MLOps vs. ModelOps
The significance of machine learning operations (MLOps) and model operations for artificial intelligence (ModelOps) has grown as more businesses and organizations investigate machine learning applications. To optimize machine learning utilization and avoid costly pitfalls, enterprises should ideally invest in both MLOps and ModelOps.