4 Reasons Why Machine Learning Monitoring is Essential for Models in Production

The article discusses the importance of monitoring machine learning (ML) models in production, highlighting four reasons why it is necessary. Firstly, monitoring helps detect issues that can affect a model's performance and add negative business value. Secondly, it mitigates risks associated with ML models by identifying inaccuracies or misrepresentations in the training data. Thirdly, it enables the detection of data drift and concept drift, which can degrade a model's performance over time. Lastly, monitoring helps track environment-related metrics such as processing times and consumed resources, crucial for cost-benefit analysis. Additionally, explainability is emphasized as an important aspect of building trust in AI solutions and products. Overall, incorporating reliable real-time model monitoring is essential to accurately monitor models in production and build trust in AI applications and solutions.