The News: Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company, announced six new capabilities for its machine learning (ML) service, Amazon SageMaker, that targets making ML more accessible and cost effective. The announcements at AWS re:Invent bring together new capabilities, including a no-code environment for creating accurate machine learning predictions, more accurate data labeling using highly skilled annotators, a universal Amazon SageMaker Studio notebook experience for greater collaboration across domains, a compiler for machine learning training that can make code more efficient, automatic compute instance selection machine learning inference, and serverless compute for machine learning inference. Read the AWS Press Release here.
Analyst Take: I am pleased to see AWS up its market outreach and ecosystem influence with the introduction of the additional Amazon SageMaker capabilities, especially across the ML and AI ecosystem. The new Amazon SageMaker additions consist of the following six capabilities:
AWS needed to announce these six new Amazon SageMaker capabilities to build on the market inroads and presence the SageMaker Data Wrangler, SageMaker Processing, SageMaker Feature Store, and SageMaker Clarify offerings have established in the structured data realm as well as the SageMaker Ground Truth and SageMaker Ground Truth Beacon offerings in the unstructured data realm. As a result, I see AWS rapidly broadening its ability to drive ecosystem-wide adoption of comprehensive ML capabilities for data preparation and annotation across structured data and unstructured data applications.
Overall, I see ML becoming more integral in the strategic decision making of organizations since it enables wider access to large volumes and types of data, particularly in the development of actionable insights and underpinning the automation of business processes and operations. ML-enabled data processing and workload efficiencies can allow for more affordable data storage solutions and assure that data is more widely accessible and supportive of a wider array of applications. ML-powered platforms can deliver the completion of calculations faster that accelerate data compilation, aggregation, distribution, storage, and curation processes.
I see the new Amazon SageMaker capabilities further attesting to the rapidly expanding influence of ML and AI technology across the digital ecosystem. This week at AWS re:Invent, the company shared how Amazon SageMaker is already supporting 1M+ labeling tasks per day, how customers are running millions of models with billions of parameters, and making 100B+ predictions per month.
Of note, Amazon Sagemaker already includes tens of thousands of customers, including Airbnb, AstraZeneca, Aurora, BMW Group, Capital One, Cerner, Discovery, Hyundai, Intuit, Litterati, NFL, Provectus, Siemens Energy, Tyson, Vanguard, and VIZIO who use the service to train ML models of all sizes, providing additional validation to the growing influence and mind share of cloud-based ML services.
Through the introduction of the six new Amazon SageMaker capabilities, I believe AWS can make substantial inroads and strides in expanding customer use of its ML offerings as well as onboard new users and adopters of SageMaker ML technology. The capabilities are well-suited to enable more organizations to better understand the competitive benefits of using ML technology by providing comprehensive data preparation capabilities and easing the path to learning ML. Now AWS rivals such as Azure, Google Cloud, Oracle, IBM/Red Hat, HPE GreenLake, and Alibaba, will need to refresh their ML propositions to counter the expanded capabilities of the Amazon SageMaker solution.
This article includes insight from Senior Analyst and Research Director, Ron Westfall.
Disclosure: Futurum Research is a research and advisory firm that engages or has engaged in research, analysis, and advisory services with many technology companies, including those mentioned in this article. The author does not hold any equity positions with any company mentioned in this article.
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The original version of this article was first published on Futurum Research.
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