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. |
Created
September 28, 2023 09:34
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