Digitalisation World - ISSUE VII 2021

Page 42

AUTOMATION

Machine Learning success starts with these 10 steps “Machine Learning (ML) can take an organisation’s digital transformation to new heights” — It’s a statement we hear time and time again, but in practice, it doesn’t achieve that warm and fuzzy turn-key transformation feeling the statement asserts. BY SANTIAGO GIRALDO, DIRECTOR OF PRODUCT MARKETING AT CLOUDERA THE TRUTH is that the promise of ML can be difficult to attain, but it is ultimately there for the taking – for those ready to embrace a new way of thinking. While some deem ML as a pie-in-the-sky assertion that’s too good to be true, others are grabbing it by the horns and witnessing the true value it can bring to a business. In fact, according to Forbes research, the global machine learning market was valued at $1.58B in 2017 and is expected to reach $20.83B in 2024.

The thing is, ML is not always easy to implement. We often see teams running into the most issues when bridging the gap from simply dipping their toes in the ML waters to getting to grips with full scale ML production. Luckily for them, these barriers are easily overcome.

There’s no denying that in order to see the benefits of ML, businesses have to embark on a new kind of data journey – one that may seem difficult, or even uncomfortable. But once an organisation has full scale ML models in production, the benefits are endless. It can help to increase revenue, decrease costs, and even help teams work smarter and do things faster. It’s also sustainable, if a company is willing to work at it.

Taking a holistic approach When it comes to embracing ML models in all their glory, leaders have to adopt the right mindset and take a holistic approach. Before it can become a driver for change, ML must first be treated as an integral part of an organisation’s data strategy and be baked in from the very beginning. By integrating ML from the start of a project and running it alongside existing IT environments, processes, applications and workflows, organisations can drive better business results. This is because the ML will be continuously learning and developing from the very beginning, ensuring they are working to the best of their ability from the get go.

In order to achieve enterprise ML success, there are ten proven steps for an organisation to follow:

Evolve the organisation to embrace ML For businesses that have already dabbled in ML, they will have noticed that there’s a wall between experimentation and large-scale adoption. This wall is there because an organisation may lack the knowledge and skills needed to weave ML development, production and maintenance into their existing processes, workflows, architecture and culture. That’s why embracing ML requires flexibility in the structure of a company and their approaches to how they manage their data. Data scientists and engineers should work closely with leaders, to lead them on the right path when it comes to managing

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Providing reliable, long term SaaS services The importance of scalability

28min
pages 70-79

How is the cloud encouraging hyperautomation, and why should I care?

6min
pages 68-69

How data is changing the way hotels streamline operations

5min
pages 60-61

Delivering deep-link analysis

6min
pages 62-63

How to navigate intellectual property risk in blockchain projects

5min
pages 56-57

Don’t wait for blockchain, it’s more accessible than you think

5min
pages 54-55

Blockchain vs Bitcoin Everything you need to know

13min
pages 48-53

Five practical ways contact centres can use AI to create value

9min
pages 44-47

Machine Learning success starts with 10 steps

6min
pages 42-43

How is QKD combatting the increased sophistication of today’s cyber-attacks?

4min
pages 38-39

How mass remote work has changed DDoS

5min
pages 40-41

A three-pronged approach to government security

3min
pages 36-37

How to develop and maintain an effective DevSecOps culture

7min
pages 32-35

A question of priorities

4min
pages 24-25

Delivering an effective cybersecurity strategy

5min
pages 20-21

Common misconceptions around cloud native security

4min
pages 22-23

Covid - the ultimate digital test?

2min
page 10

Strong growth for the managed edge services market

10min
pages 16-19

Average phishing costs soar to $14.8m

2min
page 11

Over a third of organisations worldwide experience ransomware attack or breach

3min
pages 14-15

AI spend to reach almost $342 billion this year

4min
pages 12-13

Digital darkness across Europe

4min
page 8

Security and silos hold back automation initiatives

2min
page 9

90% enterprises yet to achieve digital-first goals

3min
page 6
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