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2. Collection of Data

2. Collection of Data

ML Models are only as accurate as the data fed to them.

Important to identify the right set & format of data to ensure accuracy & relevance of the model.

Ask relevant questions:

  • Data required to solve the problem. Eg. Customer data, Inventory
  • Quantity of the data we have, and required
  • Collection & Storage Mechanism
  • Training Methods & Data Pipelines

Common formats of data are

  1. Structured - fixed rows & columns. Eg. Inventory, sales
  2. Unstructured - like variable texts, images, videos
  3. Static - historical - sales & call history
  4. Streaming - continuous, real time - web site traffic

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Steps Involved in AI Model Development

Steps Involved in AI Model Development

  1. Identification of Business Case
  2. Collection of Data
  3. Preparation of Data
  4. Building the Model
  5. Testing the Model
  6. Validate the Model
  7. Deploy the Model
  8. Govern the Model

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3. Preparation of Data

3. Preparation of Data

It is critical, though time consuming to clean the available data and transforming it into required formats. 

Involves segmentation of  data sets into training, testing and validation.

  • Process the available data
  • Clean the data s...

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6. Validate the Model

6. Validate the Model

After testing the model with different datasets, validate the model performance using the business parameters defined in step 1.

Analyze if KPI's and Business Objectives of the model are achieved. If not, consider changing the model, or improving the quality and quantity of the data.

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7. Deploy the Model

7. Deploy the Model

After successful validation against all defined parameters, deploy the model onto planned infrastructure - cloud, edge, or on-premises environment.

Before deployment, consider the following

  • plan to continuously measure and monitor the model performance
  • define a baseline t...

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A Guide to Artificial Intelligence Model Development

A Guide to Artificial Intelligence Model Development

Machine Learning (ML) is an integral part of Data Science (DS), that helps computers learn from data. 

This process of learning from data through machine learning techniques contributes to Artificial Intelligence (AI).

Here is a quick...

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4. Building the Model

4. Building the Model

  • Define the features of the model.
  • Use the same features for both Training and Testing the model
  • Collaborate closely with Subject Matter Experts 
  • Be wary of "Curse of Dimensionality" - do not use unnecessary and irrelevant features that reduces the model accuracy
  • ...

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5. Testing the Model

5. Testing the Model

Primary objective of Model Testing is to improve results and minimize changes in model behavior post-deployment in real world.

Carry out multiple experiments using Training, Validation and Testing Datasets.

If model performs poorly on Training data i...

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Further Considerations

Further Considerations

AI models need time to be developed.

A smooth and successful model development involves a combined effort from data engineers, data scientists, ML engineers and DevOps engineers.

Proper resource allocation, project planning and management is crucial to meet the business goals and obje...

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1. Identification of Business  Case

1. Identification of Business Case

Ask the right questions.

  • What results are you expecting from the process?
  • What processes are being used ?
  • What are the KPI's that can help track success?
  • What resources are required?
  • How do you break down the problem?

Based on your answers, y...

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8. Govern the Model

8. Govern the Model

When a model is deployed in real-world, the data fed to it is dynamic.

There can also be changes in technology, business goals or drastic real world changes like the pandemic. 

It is crucial to analyze how these changes affect the model, so you can reiterate.

Consider monitoring...

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CURATED FROM

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madspeak

Lifelong Learner. Audible Fan. Deep Generalist.

The terminologies might change, the technologies might evolve, but this is the future. And that Future is already here!

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Identifying and collecting data

Ask questions, such as.

  • What data is needed to solve the business problem?
  • What quantity of data is required?
  • Do you have enough data to build a model?
  • Do you need more data to extend the existing data?
  • Ho...

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