Image Source: Youtube.com
Machine learning as a service (MLaaS) is a set of cloud services that machine learning providers offer as a part of cloud computing services. MLaaS providers offer tools including face recognition, data visualization, application programming interface (APIs), predictive analytics, natural language processing, and deep learning. The main attraction of these services is that, like any other cloud service, users can get started with a machine learning system without the need to install software or provision of the servers. Infrastructural concerns like model training, data pre-processing, model evaluation, and ultimately, predictions, can be alleviated with the help of MLaaS.
Machine Learning (ML), globally recognized as a key driver of digital transformation, will be responsible for cumulative investments of $58 billion by the end of 2021. The global ML industry, growing at a CAGR of 42 percent, will be worth almost $9 billion in the latter part of 2022. The neural networks market will be worth over $23 billion in 2024. (source)
Top Machine Learning-as-a-Service Providers
1. Microsoft Azure Machine Learning Studio
Microsoft Azure gloats scalable machine learning services for all sizes. Microsoft’s Azure machine learning studios are suitable for all artificial intelligence and data scientist beginners and experts. Azure supports a collection of frameworks, programming languages, databases, operating systems, and devices. It provides cross-device experience with support for all major mobile platforms.
2. AWS Machine Learning
AWS stands for Amazon Web Service. Amazon Machine Learning has a high level of automation that is useful for beginners. Without having to create the code, it helps businesses to build machine learning models. AWS makes machine learning obtainable to developers without learning complex machine learning algorithms and technology. The Amazon ML service is based on the pay-as-you-go pricing model.
3. IBM Watson Machine Learning
WML runs on IBM’s Bluemix. Both data scientists and developers use WML to be capable of training and scoring. WML is designed to answer the questions of operationalization, deployment, and deriving business values from ML models. WML also skits visual modeling tools that help users to gain understanding, make faster decisions, and quickly identify patterns.
4. Google Cloud Machine Learning Engine
Google’s scope of Software-as-a-Service is nearly endless. Google’s cloud machine learning engine is based on TensorFlow. This ML engine is integrated with all other Google services like Google Cloud Storage, Google Cloud Dataflow, Google BigQuery, among others. Google’s cloud machine learning engine provides users with a substitute for creating ML models for data. The data could be of any size and type.
BigML is flexible and easy to use deployment. In BigML’s web UI, there are many features integrated. BigML allows importing data from Microsoft Azure, Dropbox, Google Drive, Google Storage, AWS, etc. BigML has an extensive gallery of free models and datasets. Apart from this, BigML also has useful clustering algorithms and visualizations. With the help of the anomaly detection feature, it can detect pattern anomalies, which helps to save money and time.
Domino supports the latest data analysis workflow. It supports languages like R, Python, MATLAB, Julia, Perl, shell scripts, etc. Data science managers, data scientists, IT executives, and leaders use the Domino platform. Domino can smooth knowledge management with all the projects that are stored, and searchable.
7. HPE Haven On Demand
Using Haven machine learning solutions, businesses can analyze, extract, and index multiple data formats. These data could be audio, video, and email. Haven has approx 60 Application programming interface (APIs) available, that includes attributes like speech recognition, face detection, media analysis, image classification, object recognition, speech recognition, scene change detection, etc.
Arimo can crunch massive amounts of data in seconds, using large computing platforms and machine learning algorithms. Arimo has the ability to predict future actions by learning from past behaviors. These predictions help with higher business outcomes. The service provider works upon time-series data to discover patterns of behavior, is based upon deep learning (DL).
9. Dataiku Data Science Studio
Dataiku supports programming languages like Python, R, Spark, Hive, Scala, Pig, etc. It provides machine learning solutions like MLlib, Scikit-Learn, H2O, Xgboost. To deliver, explore, build, and prototype data products efficiently, data scientists, engineers, and data analysts use this collaborative data science platform.
MLJAR provides its services for prototyping, development, and deploying a pattern recognition algorithm. Features of MLJAR are one interface for many algorithms, built-in hyper-parameters search, etc. To start working with MLJAR, a user first needs to upload the dataset, after selecting the dataset there is a need to select input and target attributes. After that, the machine learning service provider will automatically find the matching Machine learning algorithm.
According to a study, the MLaaS market will witness a 49 percent growth during the forecast period 2017-2023, and over 20 billion units of equipment (excluding PCs, tablets, and smartphones) will form the IoT by 2020. (source). MLaaS helps companies enable better and quicker decision making by providing faster and invisible insights. MLaaS has the ability to integrate with different types of sensors as well.