Machine learning operations offer agility, spur innovation

The main function of MLOps is to automate the more repeatable steps in the ML workflows of data scientists and ML engineers, from model development and training to model deployment and operation (model serving). Automating these steps creates agility for businesses and better experiences for users and end customers, increasing the speed, power, and reliability of ML. These automated processes can also mitigate risk and free developers from rote tasks, allowing them to spend more time on innovation. This all contributes to the bottom line: a 2021 global study by McKinsey found that companies that successfully scale AI can add as much as 20 percent to their earnings before interest and taxes (EBIT). "It's not uncommon for companies with sophisticated ML capabilities to incubate different ML tools in individual pockets of the business," says Vincent David, senior director for machine learning at Capital One.