How data storage and governance impact the effectiveness of AI initiatives

7:27 pm
October 12, 2023

Artificial intelligence (AI) offers numerous capabilities such as content generation, task automation, and large-scale classification, making it beneficial in various industries. However, implementing AI is only one part of the equation. Organizations must also understand the importance of data storage and governance in order to ensure the efficient and responsible management of AI initiatives.

The tasks involved in AI lifecycle management

Efficient and responsible AI lifecycle management requires attention to several key tasks:

Connecting AI models to different data sources

AI models rely on vast amounts of data for training. Data scientists need to be able to access training data regardless of its location across a hybrid infrastructure. Additionally, models need reliable access to historical and real-time data for generating content and making recommendations.

Scaling AI models and analytics with trusted data

As AI models grow and expand in their capabilities, they need the ability to connect to new data sources without affecting performance or compromising systems and processes.

Securing AI models and their access to data

AI models require flexible access to data while also ensuring protection against tampering and unauthorized manipulation. Measures must be in place to minimize the risk of data breaches.

Monitoring AI models for bias and drift

AI models are built on machine learning algorithms and can exhibit bias or drift over time. It is important to continuously monitor models for these issues to maintain accuracy and fairness.

Ensuring compliance with regulations and internal policies

Organizations must comply with various data regulations and internal policies regarding the storage and use of data for AI models. Visibility and control over AI models are crucial for compliance.

Accounting for the complexities of the AI lifecycle

Traditional data storage and governance tools are insufficient for managing the intricacies of AI initiatives. To maximize the benefits of AI while minimizing costs and complexities, organizations need AI-optimized data storage capabilities combined with a tailored data governance program.

AI-optimized data stores enable scalable AI workloads

In order to support AI models’ need for secure and reliable data access, organizations require data stores built on open data lakehouse architectures. These architectures combine the performance and usability of data warehouses with the flexibility and scalability of data lakes. For example, IBM watsonx.data offers an open data lakehouse solution that helps organizations process large volumes of data efficiently, reduce costs, and ensure data quality and security.

AI governance delivers transparency and accountability

Transparent AI governance processes allow organizations to integrate AI models into their workflows responsibly. IBM watsonx.governance, for instance, streamlines model processes, detects risks, ensures data quality, and promotes ethical and compliant practices. It enables organizations to assess model performance, follow ethical guidelines, and provide documentation for transparency and auditability.

Fit-for-purpose data stores and AI governance promote responsible AI

By combining AI-optimized data stores with AI governance practices, organizations can benefit from responsible AI. Responsible AI practices ensure fairness, compliance with regulations, and the ability to explain model outcomes. This approach minimizes bias, enhances security and privacy, and enables organizations to confidently demonstrate compliance.

In summary

Effective data storage and governance are vital for the success of AI initiatives. Organizations should prioritize AI-optimized data stores and comprehensive AI governance practices to maximize the benefits of AI while upholding ethical standards, compliance, and transparency.

FAQs

Why is data storage important for AI initiatives?

Data storage is essential for AI initiatives because AI models rely on vast amounts of data for training and generating accurate outputs. Efficient and secure access to data is crucial for the effectiveness and reliability of AI models.

What is AI governance?

AI governance refers to the processes and practices that ensure responsible and ethical use of AI within an organization. It involves monitoring and managing AI models throughout their lifecycle, detecting biases and drift, and ensuring compliance with regulations and internal policies.

How can responsible AI benefit organizations?

Responsible AI practices minimize unintended bias, enhance security and privacy, and enable organizations to confidently demonstrate compliance with regulations. It also helps organizations stay ahead of changing government regulations, avoid reputational damage, and make informed business decisions based on transparent and explainable AI models.


Share:

More in this category ...

7:27 pm April 30, 2024

Ripple companions with SBI Group and HashKey DX for XRPL answers in Japan

Featured image for “Ripple companions with SBI Group and HashKey DX for XRPL answers in Japan”
6:54 pm April 30, 2024

April sees $25M in exploits and scams, marking historic low ― Certik

Featured image for “April sees $25M in exploits and scams, marking historic low ― Certik”
5:21 pm April 30, 2024

MSTR, COIN, RIOT and different crypto shares down as Bitcoin dips

Featured image for “MSTR, COIN, RIOT and different crypto shares down as Bitcoin dips”
10:10 am April 30, 2024

EigenLayer publicizes token release and airdrop for the group

Featured image for “EigenLayer publicizes token release and airdrop for the group”
7:48 am April 30, 2024

VeloxCon 2024: Innovation in knowledge control

Featured image for “VeloxCon 2024: Innovation in knowledge control”
6:54 am April 30, 2024

Successful Beta Service release of SOMESING, ‘My Hand-Carry Studio Karaoke App’

Featured image for “Successful Beta Service release of SOMESING, ‘My Hand-Carry Studio Karaoke App’”
2:58 am April 30, 2024

Dogwifhat (WIF) large pump on Bybit after record reasons marketplace frenzy

Featured image for “Dogwifhat (WIF) large pump on Bybit after record reasons marketplace frenzy”
8:07 pm April 29, 2024

How fintech innovation is riding virtual transformation for communities around the globe  

Featured image for “How fintech innovation is riding virtual transformation for communities around the globe  ”
7:46 pm April 29, 2024

Wasabi Wallet developer bars U.S. customers amidst regulatory considerations

Featured image for “Wasabi Wallet developer bars U.S. customers amidst regulatory considerations”
6:56 pm April 29, 2024

Analyst Foresees Peak In Late 2025

Featured image for “Analyst Foresees Peak In Late 2025”
6:59 am April 29, 2024

Solo Bitcoin miner wins the three.125 BTC lottery, fixing legitimate block

Featured image for “Solo Bitcoin miner wins the three.125 BTC lottery, fixing legitimate block”
7:02 pm April 28, 2024

Ace Exchange Suspects Should Get 20-Year Prison Sentences: Prosecutors

Featured image for “Ace Exchange Suspects Should Get 20-Year Prison Sentences: Prosecutors”
7:04 am April 28, 2024

Google Cloud's Web3 portal release sparks debate in crypto trade

Featured image for “Google Cloud's Web3 portal release sparks debate in crypto trade”
7:08 pm April 27, 2024

Bitcoin Primed For $77,000 Surge

Featured image for “Bitcoin Primed For $77,000 Surge”
5:19 pm April 27, 2024

Bitbot’s twelfth presale level nears its finish after elevating $2.87 million

Featured image for “Bitbot’s twelfth presale level nears its finish after elevating $2.87 million”
10:07 am April 27, 2024

PANDA and MEW bullish momentum cool off: traders shift to new altcoin

Featured image for “PANDA and MEW bullish momentum cool off: traders shift to new altcoin”
9:51 am April 27, 2024

Commerce technique: Ecommerce is useless, lengthy are living ecommerce

Featured image for “Commerce technique: Ecommerce is useless, lengthy are living ecommerce”
7:06 am April 27, 2024

Republic First Bank closed by way of US regulators — crypto neighborhood reacts

Featured image for “Republic First Bank closed by way of US regulators — crypto neighborhood reacts”
2:55 am April 27, 2024

China’s former CBDC leader is beneath executive investigation

Featured image for “China’s former CBDC leader is beneath executive investigation”
10:13 pm April 26, 2024

Bigger isn’t all the time higher: How hybrid Computational Intelligence development permits smaller language fashions

Featured image for “Bigger isn’t all the time higher: How hybrid Computational Intelligence development permits smaller language fashions”
7:41 pm April 26, 2024

Pantera Capital buys extra Solana (SOL) from FTX

Featured image for “Pantera Capital buys extra Solana (SOL) from FTX”
7:08 pm April 26, 2024

Successful Beta Service release of SOMESING, ‘My Hand-Carry Studio Karaoke App’

Featured image for “Successful Beta Service release of SOMESING, ‘My Hand-Carry Studio Karaoke App’”
12:29 pm April 26, 2024

SEC sues Bitcoin miner Geosyn Mining for fraud; Bitbot presale nears $3M

Featured image for “SEC sues Bitcoin miner Geosyn Mining for fraud; Bitbot presale nears $3M”
10:34 am April 26, 2024

Business procedure reengineering (BPR) examples

Featured image for “Business procedure reengineering (BPR) examples”
7:10 am April 26, 2024

85% Of Altcoins In “Opportunity Zone,” Santiment Reveals

Featured image for “85% Of Altcoins In “Opportunity Zone,” Santiment Reveals”
5:17 am April 26, 2024

Sam Altman’s Worldcoin eyeing PayPal and OpenAI partnerships

Featured image for “Sam Altman’s Worldcoin eyeing PayPal and OpenAI partnerships”
10:55 pm April 25, 2024

Artificial Intelligence transforms the IT strengthen enjoy

Featured image for “Artificial Intelligence transforms the IT strengthen enjoy”
10:04 pm April 25, 2024

Franklin Templeton tokenizes $380M fund on Polygon and Stellar for P2P transfers

Featured image for “Franklin Templeton tokenizes $380M fund on Polygon and Stellar for P2P transfers”
7:13 pm April 25, 2024

Meta’s letting Xbox, Lenovo, and Asus construct new Quest metaverse {hardware}

Featured image for “Meta’s letting Xbox, Lenovo, and Asus construct new Quest metaverse {hardware}”
2:52 pm April 25, 2024

Shiba Inu (SHIB) unveils bold Shibarium plans as Kangamoon steals the display

Featured image for “Shiba Inu (SHIB) unveils bold Shibarium plans as Kangamoon steals the display”