Estimated reading time: 3 minutes, 5 seconds

Machine Learning as a Service (MLaaS) Coming On Strong Featured

Machine Learning as a Service (MLaaS) Coming On Strong boy standing near dock

Machine learning has indeed grown over the past decade into a game-changer for many businesses and enterprises. For this reason, it has been tailored to solve numerous problems and offer solutions for data scientists in different areas. As machine learning technology matures up from the hype cycle into a more comprehensive and valuable technology that can address many issues today, we will see more developments in 2021 and beyond. The people in the technology sector will seek to entrench it into many aspects of human life. This technology is expected to grow during the decade with no signs of slowing down. Like the other software development areas, machine learning is increasingly attracting increasing attention. The Machine Learning-as-a-service (MLaaS) is one of the new areas that is coming out strong. 

What is Machine Learning as a Service (MLaaS)?

There are high chances that you have come across many “as a service” offerings such as Software as a service and platform as a service, among others. While MLaaS may appear new, it is getting lots of attention due to the power of artificial intelligence and machine learning in human life in this age of technology. It entails providing tools and infrastructure to enable machine learning development and deployment at a specific price. Although it shares many similarities with software as a service (SaaS), MLaaS is more specific. Unlike the traditional approaches where you have to possess all the required infrastructure to enjoy the machine learning services, the new model allows you to have the services by simply paying for someone else’s infrastructure and resources as you go. MLaaS brings about the aspects of cost reduction, scalability, effectiveness, which are mainly handled by the professionals that you give money to for you to use their resources. It helps customers accelerate solutions as the economies of scale make it easy to set up and maintain the present solutions. 

MLaaS Service Providers

The MLaaS service providers are mainly large cloud computing service providers. These are companies such as Google, Amazon, and Microsoft, known for their Google Cloud Platform, Amazon Web Services, and Microsoft Azure. These companies are continuously setting up pace in cloud computing. Over the past few years, they have improved their machine tooling capabilities to keep up with the adoption of AI in almost every field. Some of the services you can get from these providers are virtual machines for training models, data versioning, hosting, model hosting, data labeling, and development environments. Amazon, for example, with its Lookout for Equipment, offers targeted industrial sectors, most of which have struggled in adopting machine learning because of a lack of expertise in the ML space.  

Getting started with MLaaS

Before getting started, there are a few considerations that must be taken into account. The first thing is often the ability of the chosen model to be tweaked or the flexibility of a particular framework or version. Also, consider the training you will need since some knowledge would be better used in running in-house infrastructure as this might be the cheaper alternative. An experienced person must undertake a thorough vetting to know the full potential of the chosen platform. 

As we enter the new age of technology, it is apparent that new MLaaS services and providers will enter the market. While some of them will not work as anticipated, most of them will be helpful to organizations that want to achieve. The complexity and dynamic nature of the modern world mean that only those with the capacity to respond perfectly to the changes will survive. MLaaS is a perfect solution to the problems in flexibility that we need today, but picking the right service will be crucial going forward. 

Read 69 times
Rate this item
(0 votes)
Scott Koegler

Scott Koegler is Executive Editor for PMG360. He is a technology writer and editor with 20+ years experience delivering high value content to readers and publishers. 

Find his portfolio here and his personal bio here

scottkoegler.me/

Visit other PMG Sites:

click me
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.