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@ljnmedium
Created September 28, 2023 09:34
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alex_key_feature.md
API access solution - 3rd party model. On-premise solution - open source model.
R&D developpement The low initial cost, both in terms of time and money, allows us to quickly reach a Minimum Viable Product (MVP). The procedure for model parameter optimization and MLops is overseen by a third-party engineering team. The initial cost involves setting up the training datasets and fine-tuning the model. You have full control over model parameter optimization and MLOps
Data privacy For highly regulated industries, reliance on third parties is not assured. You have complete control over data privacy.
Inference Speed It depends on the third-party provider. Users may encounter high API latency issues. You have full control over the optimization of latency and system settings.
Efficiency at scale Under a pay-as-you-go policy, costs can increase rapidly with high levels of usage. High cost efficiency at scale is achieved as you only incur the fixed cost of model implementation.
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