Improving Time-to-Market with NimbleBox: How to Accelerate Your Data Science Projects
Jun 19, 2023
5 min read
Time-to-Market fundamentally stands for the primary time a product or service takes to finally break into the market and be available for customers to try and buy. Time-to-Market is a highly integral part of a product cycle as this metric dictates the overall sales. Let us dive deeper into why this is an important part of your Data Science Product and where and how NimbleBox fits in!
In the entire sphere of Data Science and Machine Learning, Time-to-market plays a vital role due to the time-series datasets these models are trained on, competitors outperforming you quicker due to better training, creating a product in time for the hype to drive the sales, etc.
Let us review how a trusted MLOps platform like NimbleBox.ai can boost your pipeline and sales by promoting your time-to-market. Then, stick to the end to learn tricks and tips for faster production!
Challenges in a Data Science Project’s Time-to-Market
Challenges in a Data Science Project’s Time-to-Market can dictate the entire project’s future— from losing investors to losing to that one company in sales that somehow trained their model faster than you. In the modern world of Dynamic Big Data Time-to-Market not only dictates the trends and hype but, ultimately, the sheer future of your enterprise.
Let us see some of the challenges in a project’s time-to-market:
1. Data Availability and Quality: The availability of well-documented and labeled data is the core of any successful data science project. This data should be well-organized and understandable to make the upcoming steps easier for the entire data science team.
This step poses challenges like:
Miscommunication with the experts in the field and the data stewards dictating the data and how it transports.
Sensors misbehaving cause recorded values to be skewed or completely incorrect.
Dealing with pushback when trying to source data from users or people may raise various questions that, if not dealt with properly, will cause people to be reluctant to let go of their information.
Once this data is appropriately processed to eliminate anomalies like missing values and outliers and normalize the data to influence comprehensible and best results, see how you can boost this step more thoroughly using an MLOps Platform.
2. Infrastructure and Model Development: Running into issues about the development and training of the model stem from the very infrastructure it stands on. The infrastructure for the entire pipeline should be adept at running experiments and producing quick and exceptional results.
Some of the challenges faced in this step are as follows:
Old legacy hardware may need to be more vital to run scripts and experiments on modern heavy data.
Legacy Enterprises shifting to Data Science for better results bring legacy datasets that may need extra efforts for integration and require proper infrastructure to feed this old data into the pipeline.
ML Professionals need to be more adequate in dealing with model development due to a lack of knowledge of multiple frameworks that come with intricate model development.
When the entire pipeline is at this stage, we see other smaller challenges like sky-high training costs and long and tedious training times. See how NimbleBox.ai can help you deal with challenges.
3. Communication and Legal Compliances: With pipelines this vast and including so many people, Data Science Projects often do not see the light of day because of a lack of communication. This communication error also needs to be corrected in the compliance of your product to the various regulations that come with the use and collection of data.
Some of the challenges that come with this step are:
Organizational challenges that cause hindrance to the transparency between the teams and cause an unrequited and avoidable halt in the project pipeline.
Compliance and communication error also increases the risk of mistrust and reduces the culture of accountability and responsibility, which is the building stone of a perfect and efficient pipeline.
An efficient governance system can address all these steps for your entire data pipeline. See how NimbleBox.ai achieved SOC2 Compliance and what it means to have the same!
Nimblebox.ai: Your Solution to Faster Time-to-Market
Now that we have seen the different challenges inhibiting your ability to push your product out to the public as quickly as possible without losing any sales to Time-to-Market, let us how can NimbleBox.ai, as an MLOps platform, can help you make this process.
NimbleBox.ai and its services have been developed by Machine Learning engineers for Machine Learning engineers. Over the years, the experience we have gained by working on machine learning projects helps us identify the shortcomings of legacy machine learning pipelines and pipeline managers. These shortcomings helped us develop four unique modules you need to have a faster time-to-market.
Let us take a look at these modules and how they can help you:
1. Build: It is a plug-and-play playground for data scientists to build and train your models without worrying about the underlying architecture, making your experimentation fast and easy. Having been used by over 15,000 developers across leading firms worldwide, Build by NimbleBox.ai is our most battle-tested product.
This feature helps and promotes accountability in the team by providing insights into your hardware and storage usage, project runtime, team-member’s activities, etc. all of which work towards solving project infrastructure and architecture challenges while working towards the communication and compliance challenges.
2. Deploy: Automate your deployment process to be safe and smooth using Deploy by Nimblebox. With nifty features like deployment id and workspace id, you will be able to track the deployment progress and stage.
Having a sleek and clean track of the deployment status of your machine learning pipeline ensures a transparent testing environment, cutting down the hours of time often spent on figuring out why the native model doesn’t work on external data, etc. It also works towards communication among teammates and increases accountability.
3. Jobs: Jobs help automate redundant tasks and schedule the job at a particular interval. Such positions can save you a bunch of money by automatically closing the instance when you want it to.
With jobs having total control and track over instances, the user can backtrack to any working example in steps that are even lesser than backtracking something in Git. Such ability to immediately control the version of the model out in the public and in front of stakeholders helps increase the value of your model training.
4. Artifacts: Artifacts is a new object storage integration feature introduced in NimbleBox.ai, specifically designed to handle large amounts of data utilized for your machine learning workflows.
With this module, you can store various forms of unstructured data, any type or format, in the NimbleBox object store or integrate your cloud object stores like Amazon S3, GCP GCS, and ABS Azure. This empowers the entire data science pipeline helping your company tackle the huge Legacy Datasets.
These modules are being continuously tested and developed. They have been helping our customers tackle various issues that scare unsuspecting users when their Data Science Project suddenly needs to come out to the world.
Conclusion
In conclusion, adopting an MLOps platform like Nimblebox can be a game-changer in improving the time-to-market of data science projects. With its comprehensive suite of tools and features, Nimblebox addresses the challenges faced throughout the project lifecycle, accelerating the development and deployment of models.
Nimblebox.ai's streamlined data pipelines and data management capabilities enable data scientists to focus on analysis and modeling, reducing the time spent on data preprocessing. In addition, its robust infrastructure support allows for seamless model deployment and scalability, maximizing computational resources and accelerating training and inference processes.
Nimblebox also fosters collaboration and communication by providing a centralized hub for sharing insights, collaborating on code, and documenting work. This promotes coordination, reduces miscommunication, and ensures alignment among team members, minimizing delays and rework.
Written By
Aryan Kargwal
Data Evangelist