Machine learning and the modern data science stack
What is the modern data science stack in relation to machine learning?
A data stack is a collection of technology systems that gather and store multiple data sources into a centralized place. A modern data science stack does this using the cloud, bringing together data into storage options like data warehouses or data lakes. And, a modern data science stack can be extended to enable more successful machine learning by making it easier for data scientists to focus on modeling instead of gathering and preparing data.
What makes up the modern data science stack?
The modern data science stack typically consists of a variety of tools that:
Make data available and visual for business intelligence
While some organizations choose to cobble together several data tools that integrate with each other to build their stack, platforms like Domo deliver a comprehensive, end-to-end solution in a single platform.
With Domo, businesses can:
Connect data, systems, and people at scale
Transform data into insights
Visualize and share insights in dashboards
Analyze, explore, and segment data quickly and collaboratively
Predict new patterns
Prescribe actions to improve efficiency
Build apps for teams, customers, and partners with low/no code
Extend development success by monetizing data to generate value
Why is the modern data science stack important for machine learning?
With the modern data science stack, data science teams can create and test more machine learning models and avoid problems with data error and data quality. They can write queries, train a machine learning model, and publish predictions so they can be easily accessed by everyone in the company and monitor them over time.
How does the modern data science stack work with machine learning?
A traditional data stack employed a fairly linear approach to data collection, transformation, and analytics, but the modern data stack operates in a continuous cycle.
A data scientist identifies a problem or question that they want to solve or answer.
They collect data from various sources.
They prepare that data to work with a machine learning model by ensuring that it is clean and of sufficient quality.
They train a machine learning model.
They validate the machine learning model.
They deploy the machine learning model.
They monitor the model’s performance, beginning the process again of collecting data and preparing it for future models.
Throughout this process, data scientists can use platforms like Domo to visualize and articulate the story the data is telling. This story is presented in a way that makes it easy for anyone, no matter their data expertise, to understand what is happening and make informed decisions.
With Domo, data scientists can write back their data results into the original source systems, which helps algorithms grow smarter over time. In other words, a data warehouse can be used as the single source of data storage and truth as well as the destination for predictions. This makes it simple to monitor a model’s performance, and, as more quality data is contributed to the data warehouse, every machine learning model automatically improves, too.
Benefits of the modern data science stack.
The modern data science stack saves businesses and their data science teams valuable time and effort–not to mention boosts the bottom line. Cloud computing and automated data processes make it easy for every member of an organization to understand data and make better decisions. That means fewer silos and less duplicate work. Other benefits include:
Eliminating the need to build and then maintain data connectors
Faster query speeds
Easy data visualization and reports that can be shared across departments
Decreased reporting time
More up-to-date reports
Improved data reliability
How can organizations use machine learning and the modern data science stack to increase business intelligence?
Data is key to business intelligence. With data, businesses can get past, present, and future views of customers, operations, and processes. The modern data science stack makes gathering, preparing, and visualizing that data simple and accessible. When machine learning is added to the mix, users and data scientists can interact with their outputs and put that data back into the overall workflow for continued learning.
Machine learning can help organizations test the effects of potential decisions, assisting teams in determining the best choice. Data-driven decision making can improve all areas of business from logistics to sales to marketing to human resources and more.
How will machine learning and the modern data science stack evolve in the future?
In the future, the data science field will continue to see the evolution of the modern data science stack into a place where machine learning can thrive. With quality data easily accessible in a single place, organizations can deploy models on large aggregates of data as well as smaller, more niche, and specific data sets.
And, modern data science stacks will continue to make it simpler for average users with less data literacy to design and deploy their own machine learning models to find answers to questions. Tools like Domo’s automated machine learning (AutoML) help make this future a reality by automating the manual work involved in data science model selection. Domo’s integration with Amazon SageMaker means that it automatically trains and tests machine learning models to find the model that best helps the user accomplish their decided goal.
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