The 'Data Loop'
Originally posted on?Dataloop AI Blog?by Kfeer Liron
I recently came across an article in?Forbes?that really struck a chord with me. It boldly stated that we’re going to be hit with a “wave of billion-dollar computer vision startups.”?This immediately brought me back to something I discussed several years ago with my colleagues in university. I claimed that the?first step to human automation was in the Industrial Revolution.
Powering the Fourth Industrial Revolution
We’re currently going through the Fourth Industrial Revolution. Mankind has invented new ways to automate processes – in order to enable people to focus on new tasks, more complex as well as less technical while accelerating the path to higher velocity outcomes. Replacing human capabilities enables us to create solutions for tasks that contain:
My views are shared by?Eran Shlomo, our CEO at?Dataloop. He states that artificial intelligence is powering the Fourth Industrial Revolution and that companies across verticals are competing to capitalize on its promise. In fact, in a 2020?survey?of C-suite executives at leading firms it was revealed that more than?90 percent are investing in AI?– yet?less than 15%?“have deployed AI capabilities into widespread production.” While 15 percent is a respectable number, it’s important to note that out of those 15 percent who state that they are in “widespread” production – many haven’t been able to actually scale their activity.??
The Road To Production Is Bumpy?
The challenges that the human race has had to overcome to enable computer vision with deep learning are in the past. Now, we have a brand new set of challenges that every company has to tackle on its journey to production.
Quality
The term “garbage in, garbage out” is a common term in data science. A company that wants its model to have good results needs its ground truth to be accurate. High-quality data improves the odds to reach top model accuracy while saving significant labeling resources. Models must be constantly fed with accurate data to keep and increase their confidence level.?
Different use cases suffer from different consequences to mistakes, even within the same segments. The cost of error when selecting only ripe fruits is small (a non-ripe fruit gets to the customer) while not spotting disease in plants can have catastrophic results (the entire field needs to be discarded). These situations we’re talking about are critical to the business and can incur a significant loss. However, when it comes to medicine or autonomous vehicles, it could literally be the difference between life or death.?
When the cost of error is so high, it can have a critical impact on your business. This further reinforces the need to strive for the highest accuracy possible.?
Efficiency
Creating the first iteration of your solution is hard, but it’s only the starting point to a much greater goal –??scaling up. When you scale up you tackle?three main issues:
领英推荐
Cost
Going to production is usually an important step for companies aiming to scale (typically by getting more customers).?You invest money in your product and you start earning money, but it doesn’t stop there. You’re still going to have growing costs such as:?
The difference between a pre-production to production workflow
Create Your Own Dataloop
There are four critical toolsets you’ll need in order to move to production. Most companies have at least 1 of the 4, but only a small percentage have all four. The farther you are in your journey, the more likely you’ll have a need for the tools.
A Real-Life Example
One of Dataloop’s customers is a leading provider of automotive technology. Up until now, I’ve outlined the challenges, but here’s the part where we can get a glimpse at the?solution to these challenges. The 3 main areas we focused on include:
By using Dataloop our customer reduced around?90%?of data reaching human annotators. There was also an?average increase of?1200%?processed data items, all while ensuring high-quality data. This ultimately translates to a lot of money saved, both in the short and long period.?
Automation allows for more scalable and accurate data preparation workflows. Utilizing automatic annotations boosts the manual annotation processes with the help of these automation tools. In addition, with auto-annotations, you’re able to reduce manual work to minimal editing.?
Customer Pipeline in High level
Summed Up
The “human-in-the-loop” approach is the method to scale up while improving your model without going bankrupt along the way. You need to make sure that you get more high-quality data, and improve your model when scaling up, by planning ahead and automating your data flow processes.
Join the Fourth Industrial Revolution, and create your own Data Loop.