Tapping into more compute power is the next frontier of data science. Data scientists need it to complete increasingly complex machine learning (ML) and deep learning (DL) tasks without it taking forever. Otherwise, faced with a long wait for compute jobs to finish, data scientists give in to the temptation to test smaller datasets or run fewer iterations in order to produce results more quickly.

Much has been written on the growth of machine learning and its impact on almost every industry. As businesses continue to evolve and digitally transform, it’s become an imperative for businesses to include AI and ML in their strategic plans in order to remain competitive. In Competing in the Age of AI, Harvard professors Marco Iansiti and Karim R. Lakhani illustrate how this can be confounding for CEOs, especially in the face of AI-powered competition.

Modern business applications leverage Machine Learning (ML) and Deep Learning (DL) models to analyze real-world and large-scale data, to predict or to react intelligently to events. Unlike data analysis for research purposes, models deployed in production are required to handle data at scale and often in real-time, and must provide accurate results and predictions for end-users.

Data science has come a long way, and it has changed organizations across industries profoundly. In fact, over the last few years, data science has been applied not for the sake of gathering and analyzing data but to solve some of the most pertinent business problems afflicting commercial enterprises.

We’re delighted to announce the release of the Iguazio Data Science Platform version 2.8. The new version takes another leap forward in solving the operational challenge of deploying machine and deep learning applications in real business environments. It provides a robust set of tools to streamline MLOps and a new set of features that address diverse MLOps challenges.

So, if you’re a nose-to-the-keyboard developer, there’s ample probability that this analogy is outside your comfort zone … bear with me. Imagine two Olympics-level figure skaters working together on the ice, day in and day out, to develop and perfect a medal-winning performance. Each has his or her role, and they work in sync to merge their actions and fine-tune the results.

As more and more companies are embedding AI projects into their systems, attracted by the promise of efficiencies and competitive advantages, data science teams are feeling the growing pains of a relatively immature practice without widespread established and repeatable norms.