What are the benefits of automated machine learning?
Best Benefits of Automated Machine Learning
Machine learning(ML) has proved its value by bringing many developments in various fields. As intelligent systems are built, several businesses do not have the resources to meet the high demands.
Automated machine learning(AutoML) serves as an immediate relief for organizations experiencing the scarcity of ML experts. AutoML provides access to machine learning tools and enhances productivity to help data analysts, data scientists, and machine learning engineers to automate repetitive and mundane machine learning tasks.
The data analyst’s job is not as attractive as it seems, as they spend most of the time cleaning, sourcing, and preparing data for the realistic work model development. AutoML helps data scientists outsource such tasks to machines and go to work models quickly.
Before going into the advantages of AutoML, let us know what AutoML is and its importance:
What is AutoML?
Automated machine learning(AutoML) provides machine learning solutions for data scientists without performing unlimited inquiries on preparing data, selecting models, hyperparameters, and compression parameters.
AutoML framework helps data scientists to perform the following :
- Data visualization
- Model Deployment
- Model accessibility
AutoML is about algorithm selection, iterative modeling, model evaluation, and hyperparameter tuning of the models. It makes machine learning tasks easy to use, has significantly less code, and avoids manual hyper tuning.
Moreover, it utilizes hyperparameters to select a model type and preprocess components. The AutoML framework of recent times uses their experience to enhance the performance.
AutoML, of course, cannot replace data scientists’ expertise. It is here to make things easy for you, such as handling repetitive and tedious tasks and save your valuable time and support in maintaining the code.
Domain knowledge and unlabeled data are the two main reasons AutoML cannot replace data scientists.
Here is the practical advice on AutoML:
- If you are new to data science or machine learning, initially do not go with Microsoft Azure AutoML or Google Cloud AutoML framework; instead, initially learn about Python, R, or the relevant packages. Post gathering the knowledge in machine learning theory, try using them. This can help create a strong foundation in this field.
- Learning data science or machine learning focuses on data cleaning tasks such as feature encoding, outlier detection, handling missing values, and unsupervised learning methods. Also, gain domain knowledge expertise and interpret the results in a simple English language so that even a non-technical person can understand them.
AutoML is indeed supporting for data scientists but not a replacement mainly concerning the above two aspects.
Benefits of AutoML
Technology should assist humans in executing tasks speedily and efficiently. Your job as a data scientist or an analyst should be optimally used to solve the major business problem instead of spending maximum time on the workflow and the process. Businesses experience a refined approach to solving machine learning problems with the benefits offered by AutoML.
- Saves time:
Predicting the best algorithm and the parameters for solving a problem requires performing model testing, tuning the parameters, and assessing the models manually to develop the best model for solving a specific problem.
AutoML can ease the process by transmitting the data to the training algorithm to select the best architecture, saving time. The results can happen in minutes compared to the traditional means, which can take up to several hours.
- Fills the skill gap
Intelligent systems should form a part of the business environment to compete globally. However, organizations experience a skill shortage. Data scientists and ML engineers are the most desired positions in recent times. However, a lack of these skilled professionals exists. AutoML compensates for such a shortage by building effective ML models by automating some of the tedious tasks of the ML pipeline irrespective of the skills.
- Enhanced productivity
AutoML eases ML applications in the real world. The business challenges find streamlined solutions with reduced complexity of developing, testing, and deploying ML frameworks leading to enhanced productivity.
- Less errors
Data grows with the growth in the business. AutoML helps develop better models that can reduce human errors. Such an advantage allows companies to build confidence, high accuracy, and high return on investment (ROI).
As organizations get convinced about the AutoML advantages, the adoption is enhanced. Regardless of the data scientists and analysts, tools help become more supportive. Hence it is time to optimize the AI advantage.