McKinsey buys Tel-Aviv based mostly MLOps firm, Iguazio
McKinsey, one of many world’s largest administration consulting agency, has expanded its attain into the fast-growing Machine Learning Operations (MLOps) area with its acquisition of Tel Aviv-based Iguazio.
What is MLOps?
MLOps is an strategy for builders to construct and deploy ML functions at scale. It helps to automate the workflow of growing, testing, deploying, monitoring, and working ML fashions.
What does Iguazio do?
Iguazio is an edge-to-cloud platform supplier that enables Enterprises to simply undertake MLOps. It permits firms to deploy, handle and scale ML merchandise on cloud infrastructure, on edge, and in information facilities.
Benefits of the acquisition
The acquisition of Iguazio extends the power of McKinsey’s purchasers to leverage ML fashions and speed up digital transformation. It will allow McKinsey to supply its purchasers a complete suite of instruments for end-to-end MLOps, together with:
- Data preparation: shortly put together, clear and label information for ML modelling
- Model coaching: construct, deploy, monitor and handle ML fashions within the cloud or on edge
- Model optimization: determine and resolve points associated to mannequin efficiency
- Model deployment: deploy and preserve ML fashions in manufacturing
This acquisition is a crucial step for McKinsey within the MLOps area and demonstrates the corporate’s dedication to serving to companies leverage the facility of AI and ML to scale back prices and drive innovation.