Enterprise data service provider TIBCO Software has launched TIBCO ModelOps to enhance business efficiency and flexibility. The new solution will help in artificial intelligence (AI) deployment in a quicker, safe, and scalable manner. Customers can now manage, implement, monitor, and administer cloud-based analytics models more easily and at scale using the company’s game-changing analytics portfolio.
“While 92% of firms spent more overall on data science in 2021 compared to previous years, only 12.1% deployed it at scale. To help organizations realize the value of their AI deployments, we’ve designed a system that puts self-service access to data science firmly in the hands of teams, including business users. This allows decision-making teams to choose the algorithm they want, work from any cloud service, and run it safely, securely, and at scale. This is a bold step to enabling business users to take AI out of the lab and out on the road, stated Mark Palmer, senior vice president, engineering, TIBCO.
With the help of TIBCO’s expertise in data science, data visualization, and business intelligence, ModelOps answers the need for rapid AI deployment. This helps AI teams overcome important deployment obstacles such as the simplicity of integrating analytics into applications, the detection and reduction of bias, and the transparency and management of an algorithm’s behavior inside business-critical applications. Businesses can effectively and securely deploy model pipelines into production settings using the solution.
The TIBCO ModelOps solution supports any standard model format, including API-based models in any cloud service or on-premises, and is format-agnostic. In addition to TIBCO Spotfire, TIBCO Data Virtualization, and TIBCO Streaming, TIBCO ModelOps makes it simple to add governed models. The format-neutral and open-standards methodology of TIBCO ModelOps can be used by users who want to use it in current contexts.
The maintenance and deployment of thousands of models in production with full governance and management capabilities are made possible by TIBCO ModelOps for any authorized business user, data scientist, analyst, or IT user. The built-in configurable dashboards backed by Spotfire help in highlighting the model performance, and users will have the freedom to deploy the solution in the cloud or on-premises. Clients can now move past the fear of unexpected negative repercussions of failed automation due to complicated or poorly managed AI or rules-based models with TIBCO ModelOps, making it safer to automate based on verified and secure AI models.
