Why It’s Important
Reference AI kits play a crucial role in assisting AI developers by providing a standardised framework, essential resources, and pre-built components that expedite the development, deployment, and scaling of AI applications. These incorporate industry expertise and best practices, allowing enterprises to benefit from proven strategies, design patterns, and optimisation techniques. This ensures that their AI applications are built on a solid foundation and perform at their best. The preconfigured kits simplify AI development for solutions across a variety of industries, including consumer products, energy and utilities, financial services, health and life sciences, manufacturing and telecommunications.
While organisations need to explore pre-built components and models to quickly create prototypes and proof-of-concept applications for rapid experimentation, iteration, and refinement of ideas, they do not need to reinvent the wheel. Careful scrutiny on details or considerations when using these kits must be observed. This could include factors related to data privacy, bias mitigation, or specific edge cases that are relevant to their application domain.
Who’s Impacted?
- AI development teams
What’s Next?
- Evaluate the reference kits fit-for-purpose by carefully assessing whether these align with the enterprise’s specific needs and goals. Consider factors such as industry focus, application domain, scalability requirements, and compatibility with existing infrastructure. It is also beneficial to consider adopting a hybrid approach that combines reference AI kits with in-house expertise. This allows enterprises to leverage the benefits of pre-built components while maintaining the ability to innovate and address specialised requirements.
Related IBRS Advisory
1. Five Things To Consider When Evaluating AI… And Five Dangerous AI Misconceptions