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{"id":1284,"date":"2018-06-18T14:31:39","date_gmt":"2018-06-18T18:31:39","guid":{"rendered":"https:\/\/amalgaminsights.com\/?p=1284"},"modified":"2022-01-02T23:32:53","modified_gmt":"2022-01-03T07:32:53","slug":"domino-debuts-data-science-framework","status":"publish","type":"post","link":"https:\/\/amalgaminsights.com\/2018\/06\/18\/domino-debuts-data-science-framework\/","title":{"rendered":"Domino Debuts Data Science Framework"},"content":{"rendered":"

On May 22, Domino<\/a> held its first Analyst Seminar in advance of its Rev<\/a> conference for data science leaders. Domino provides an open data science platform to coordinate data science initiatives across enterprises, integrating data scientists, IT, and line of business.<\/p>\n

At the Analyst Seminar, Domino introduced its Model Management framework: five pillars supporting a core belief that data science best practices involve data science not just being a siloed department or team, but that its resulting models should drive the business. For this to be possible,  all relevant stakeholders across the enterprise will need to buy into data science initiatives, as this will involve changes to existing business process in order to take advantage of the knowledge gained from data science projects.<\/p>\n

Domino finds themselves doing a fair amount of primary education surrounding the need for data science platforms in general. Among Domino\u2019s customers, few are doing so at scale – only 10% of the 250-plus organizations surveyed have more than 50 models in production. So presenting a framework to help data science teams, IT, and line of business get on the same page has the potential to accelerate adoption by making the data science process tangible and  understandable.<\/p>\n

Fleshing Out Model Management<\/b><\/p>\n

Though \u201cmodel management\u201d is commonly used among data science platforms to refer to the general practice of tracking models while they are in production, Domino\u2019s definition expands “model management” beyond this specific practice to encompass a broader scope of building, delivering, validating, and monitoring models at scale to create a competitive advantage – an end-to-end model creation methodology. From Domino\u2019s perspective, the five pillars that contribute to a good Model Management practice include:<\/p>\n