Iguazio Named a Major Player in the IDC MLOps MarketScape 2022
Sahar Dolev-Blitental | December 11, 2022
The IDC MarketScape: Worldwide Machine Learning Operations Platforms 2022 Vendor Assessment is an annual study that evaluates technology vendors based on a comprehensive framework. It provides an in-depth quantitative and qualitative assessment of MLOps solution vendors in a long-form research report, to help buyers make important technology decisions that will create long term business success.
We're proud to announce that Iguazio has been named a Major Player in the IDC MarketScape: Worldwide Machine Learning Operations Platforms 2022 Vendor Assessment. This report is the latest recognition from several top industry analyst firms for the Iguazio MLOps Platform.
The Iguazio MLOps Platform was Recognized for Enterprise AI Acceleration
As AI adoption increases among enterprises, the need to operationalize ML presents a number of obstacles, including legacy tech stacks inadequate for running ML at scale, a lack of collaboration between different departments, ad-hoc processes and insufficient automation. Enterprises that are serious about AI are now looking to build ‘ML factories’—where repeatable and reliable workflows can help quickly roll out new AI services to production.
To build such an 'ML factory', data science teams are looking for solutions to automate and accelerate machine learning projects, deploy them to production, monitor and manage them in live business environments.
The Iguazio MLOps Platform enables multi-functional data science teams to develop, deploy and manage AI applications effectively and efficiently, even at scale and in real-time environments. Iguazio enables data science, data engineering and ML engineering teams to work on a single platform to operationalize machine learning and rapidly deploy operational ML pipelines with a CI/CD approach. The platform includes an online and offline feature store, fully integrated with automated serving, model monitoring, drift detection, auto re-training and dynamic scaling capabilities.
About the IDC MarketScape Methodology
IDC MarketScape is based on a rigorous framework that highlights the factors expected to be the most influential in the both short- and long term. The IDC MarketScape’s criteria selection, weightings, and vendor scores are a product of careful research by IDC analysts. This range of standard characteristics are a result of structured conversations, surveys, and interviews with key market players, customers, and end users. The market weightings are determined after collecting user feedback, buyer surveys, and IDC expert input. The individual vendor scores and positions on the IDC MarketScape are the result of surveys, interviews with vendors, public info, and end-user experiences, all of which help to provide a precise and consistent evaluation of each vendor's features, conduct, and competence.
IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.
IDC subscribers can download the full report here.