Algorithmia's latest tools aim to solve ML governance challenges

Algorithmia is today debuting new reporting tools which aim to solve machine learning (ML) governance challenges. Research conducted by the company found that the number one challenge organisations are facing with their deployments is governance. "We're still in the early days of ML governance, and organisations lack a clear roadmap or prescriptive advice for implementing it effectively in their own unique environments. Regulations are undefined and a changing and ambiguous regulatory landscape leads to uncertainty and the need for companies to invest significant resources to maintain compliance. Those that can't keep up risk losing their competitive edge. Furthermore, existing solutions are manual and incomplete. Even organisations that are implementing governance today are doing so with a patchwork of disparate tools and manual processes. Not only do such solutions require constant maintenance, but they also risk critical gaps in coverage."