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Socio-Economic Benefits of Machine Learning Deployment Platforms in Business: A Case Study of Baseten and Similar Models

ML deployment platforms have transformed the adoption of AI in business by reducing the technical barriers and costs associated with building and deploying AI models. Among these are Baseten, Bananas.dev, Stagelight AI, Replicate, and Modal Labs, to name a few accessible solutions that work for businesses ranging from startups to large enterprises.
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0% found this document useful (0 votes)
31 views6 pages

Socio-Economic Benefits of Machine Learning Deployment Platforms in Business: A Case Study of Baseten and Similar Models

ML deployment platforms have transformed the adoption of AI in business by reducing the technical barriers and costs associated with building and deploying AI models. Among these are Baseten, Bananas.dev, Stagelight AI, Replicate, and Modal Labs, to name a few accessible solutions that work for businesses ranging from startups to large enterprises.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Volume 9, Issue 10, October– 2024 International Journal of Innovative Science and Research Technology

ISSN No:-2456-2165 https://doi.org/10.38124/ijisrt/IJISRT24OCT1856

Socio-Economic Benefits of Machine Learning


Deployment Platforms in Business: A Case
Study of Baseten and Similar Models
Shivang Raval1 Rushil Shah2
Computer Science Computer Science
Student , PDEU University Student, PDEU University
Gandhinagar, India Gandhinagar, India

Abstract:- ML deployment platforms have transformed II. RESEARCH METHODOLOGY


the adoption of AI in business by reducing the technical
barriers and costs associated with building and deploying A. Data Collection Methods
AI models. Among these are Baseten, Bananas.dev,
Stagelight AI, Replicate, and Modal Labs, to name a few  Platform Analysis
accessible solutions that work for businesses ranging from
startups to large enterprises. This paper discusses the  Systematic review of platform documentation
socio-economic benefits of these platforms, especially their  API testing and performance benchmarking
business efficiency, scalability, transformation in the  User interface evaluation using standardized rubric
workforce, and growth of the economy. In comparative  Cost analysis based on published pricing and usage
analysis, we will examine each unique feature of these scenarios
platforms, such as how easy they are to use, how easily they
can be customized, and their scalability, which allows us to  Performance Metrics Collection
make some observations regarding their applicability to
specific businesses. Utilising comparative analysis,  Deployment time measurements
performance benchmarking, and case study support  Resource utilization monitoring
empirical evaluation of their peculiarities and demonstrate  Scalability testing under varying loads
their cross sectoral relevance.
 Error rate tracking and analysis
Keywords:- Machine Learning, AI Platforms, Baseten,
B. Evaluation Framework
Deployment Platforms, Business Efficiency, Economic
Growth, SMEs.
 Quantitative Metrics:
I. INTRODUCTION
 Response time (ms)
According to PwC's Global Artificial Intelligence  Resource utilization (%)
Study 2023, AI is set to add some $15.7 trillion to the global  Error rates (%)
economy by 2030-about $6.6 trillion as a result of increased  Cost per inference ($)
productivity and $9.1 trillion through consumption effects[1].  Maximum concurrent users
It is for this reason that AI deployment poses a huge challenge
for most businesses and, more particularly, SMEs. This is  Qualitative Metrics:
because companies in this category lack the requisite technical
expertise or infrastructure to deploy an AI model, hence  User interface intuitiveness
adopting low adoption rates.Baseten, Bananas.dev, Stagelight  Documentation quality
AI, Replicate, and Modal Labs are but a few of the platforms  Customer support responsiveness
that rose to fill this gap, which offer low-code and API-driven  Integration flexibility
solutions, making AI easy to deploy. These platforms
democratize AI adoption, allowing any business access to C. Testing Methodology
cutting-edge technology without a need for any significant in-
house development team[2].  Load Testing Protocol

 Tool: Apache JMeter


 Test duration: 4 hours per platform
 Concurrent users: 10-1000
 Request patterns: Random and burst patterns

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Volume 9, Issue 10, October– 2024 International Journal of Innovative Science and Research Technology
ISSN No:-2456-2165 https://doi.org/10.38124/ijisrt/IJISRT24OCT1856

 Scalability Assessment  Improved Business Efficiency


AI platforms increase the efficiency of businesses
 Baseline: 100 requests/second through automation, optimization of decision-making, and
 Scale-up: Incremental increase to 1000 requests/second cost reduction in operational activities. For example, Baseten
 Scale-down: Monitoring resource release efficiency and Bananas.dev allow firms to automate customer
 Recovery time measurement management and predictive analytics with minimal manual
intervention[5].
III. SOCIO-ECONOMIC
IMPACT OF AI PLATFORMS  Cost Efficiency:
AI platforms dramatically cut the costs of infrastructure
 Democratization of AI and operation. Companies using Baseten report a 10-15%
Deploying machine learning, key for democratizing AI, reduction in operational costs during their first year, attributed
now puts the technology within the reach of business to automated scaling and optimized resource usage[6].
organizations that, up to now, were not in a position to afford
or manage AI solutions. Low-code environments at Baseten  Operational Efficiency:
and Bananas.dev help non-technical users to deploy models AI-driven solutions streamline operations, particularly in
without having to know complex coding, especially in the industries like manufacturing. Platforms like Bananas.dev are
context of SMEs that are a large chunk of the global economy, used for predictive maintenance, reducing downtime by 20-
where traditional barriers to adopting AI would have 30% through early detection of equipment failures[7].
existed[3].
 Quicker Decision:
 Fact: AI allows businesses to take real-time data-driven
SME's adopting AI platforms companies report 25% decisions. Such platforms in the sector like healthcare and
revenue increase because of better customer segmentation, finance through services such as Stagelight AI improve service
sales forecasting, and operational efficiency[4]. delivery[8].

Table 1 Comparative Analysis of ML Deployment Platforms


Types of
Initial Maintenance Types of Datasets
Platform Ease of Use Customization Scalability Cost Cost Businesses Supported
9/10 – Low-
code, intuitive 6/10 – Basic 9/10 – Auto-
interface, model scaling
minimal customization handles Structured,
coding with pre-built increasing $0 - $500 - SMEs, Semi-
Baseten required. tools. workloads. $2,000 $1,000/year Startups structured
7/10 – API-
driven, 9/10 – Scales
moderate 7/10 – resources
technical Moderate API- based on Mid-size
knowledge based control demand via $0 - $1,000 - Businesses, Structured,
Bananas.dev needed. for developers. APIs. $5,000 $3,000/year Developers Unstructured
7/10 – 7/10 –
7/10 – Industry- Moderate
Balanced use specific scalability,
between ease customization may require Mid-size, Structured,
and for healthcare, manual $5,000 - $2,000 - Healthcare, Semi-
Stagelight AI customization. finance. intervention. $10,000 $5,000/year Finance structured
9/10 –
5/10 – Code- 9/10 – Full Excellent
heavy, control over scaling with
requires model API-based Developers,
significant versioning and resource $0 - $3,000 - R&D Unstructured,
Replicate coding skills. training. allocation. $3,000 $6,000/year Teams Structured
4/10 – 10/10 –
Developer- Complete 10/10 – Fully
centric, high customization customizable Large
technical for resource Enterprises,
knowledge infrastructure allocation $5,000 - $4,000 - AI Unstructured,
Modal Labs needed. and workflows. and scaling. $15,000 $10,000/year Researchers Large-scale

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Volume 9, Issue 10, October– 2024 International Journal of Innovative Science and Research Technology
ISSN No:-2456-2165 https://doi.org/10.38124/ijisrt/IJISRT24OCT1856

 Scalability and Flexibility  Data Ingestion: Raw data from various sources (CSV,
As companies grow, scalability of AI solutions becomes databases, APIs) is uploaded to the platform.
imperative. Platforms like Baseten and Modal Labs have auto-  Data Preprocessing: Data is cleaned and transformed for
scaling, so that as workload grows, companies will analysis.
automatically be able to support these workloads without any  Model Training: Machine learning models are trained on
kind of manual intervention[2]. the preprocessed data within the platform or using external
frameworks like TensorFlow.
 Fact:  Model Deployment: Deployed models can be deployed at
Baseten reports that e-commerce platforms using AI- production environments either by API or one-click
powered recommendation systems have a 20-30% increase in deployment[4].
seasonal sales, as the platform can automatically scale its  Monitoring & Scaling: The system automatically monitors
resources according to the rise in demand[1]. model performance and scales resources based on real-
time demand, ensuring optimal efficiency.
IV. ML DEPLOYMENT WORKFLOW

 Standard Workflow Process


The machine learning deployment process across
Baseten, Bananas.dev, and Modal Labs follows a normal
workflow that involves data ingestion, preprocessing, model
training, deployment, and continuous monitoring.

Fig 1 ML Deployment Workflow Diagram

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Volume 9, Issue 10, October– 2024 International Journal of Innovative Science and Research Technology
ISSN No:-2456-2165 https://doi.org/10.38124/ijisrt/IJISRT24OCT1856

 Platform Performance Comparison Response Time The time taken by the system to process
Machine learning (ML) deployment platforms rely a single request and return an output is response time. Lower
heavily on performance for their suitability in many business response time is very critical for applications requiring fast,
applications. Key performance indicators such as response real-time predictions, such as recommendation engines or
time, cost per inference, and error rate can seriously affect anomaly detection in finance[6].
business efficiency, mainly where real-time predictions need
to be produced or large volumes of data are involved.  Cost per Inference: It is the average cost that the deployed
model incurs for the inference. A low inference cost is
To compare and measure the performance of Baseten, always beneficial for any business applications that have
Bananas.dev, Stagelight AI, Replicate, and Modal Labs, we huge volumes with real-time prediction of requirements,
used standardized tests. We ran tests on each platform with a which are even customer-facing[5].
consistent workload and configurations in order to ensure that  Error Rate: the number of wrong or incorrect predictions
they can be compared directly. Some of the key performance reported back by the system. It reflects how reliable and
metrics we looked at include: stable the system is, under load. This metric will be
important to applications using it in critical fields, like
healthcare or finance[7].

Fig 2 Platform Performance Metrics Chart

V. CASE STUDIES  Import Baseten Library

A. E-Commerce Recommendation Engine  Define and load the recommendation model

 Company: FastFashion Inc.  Load Recommendation Model from model_path


 Platform Used: Baseten
 Implementation Period: Q1-Q2 2023  Set up scaling configuration

 Challenge  Define Scaling Config:


 min_instances = 2
 1M+ SKUs  max_instances = 10
 500,000 monthly active users  scale_trigger = if CPU utilization > 70% then scale up
 Need for real-time personalization
 Seasonal demand spikes  Deploy model with Baseten

 Solution Implementation (Pseudo Code)  Deploy Model with:


 model_path = "models/recommendation_engine"
 Import the Baseten platform library  scaling_config = Scaling Config

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Volume 9, Issue 10, October– 2024 International Journal of Innovative Science and Research Technology
ISSN No:-2456-2165 https://doi.org/10.38124/ijisrt/IJISRT24OCT1856

 Implement API endpoint for real-time recommendations  Input: Medical image data
 Output: Diagnostic result and confidence score
 Define API Endpoint:
 Input: User interactions, SKU data  Monitor performance for accuracy and latency
 Output: Recommended products list
 While Application Running:
 Monitor model performance and scaling  Monitor Diagnostic Accuracy and Latency
 If Accuracy < 95% or Latency > 200 ms:
 While Application Running:  Alert System Admin and scale resources as needed
 Monitor CPU utilization
 Adjust instances based on scaling configuration  Results

 Results  92% reduction in image processing time


 99.7% diagnostic accuracy
 27% increase in average order value  Zero compliance violations
 35% improvement in click-through rates  45% cost reduction compared to previous solution[4].
 40% reduction in recommendation latency
 Successful handling of Black Friday traffic (10x normal C. Manufacturing Predictive Maintanence
load)[8]
 Company: IndustrialTech Manufacturing
B. Healthcare Diagnostics  Platform Used: Modal Labs
 Implementation Period: Q4 2023
 Organization: MedTech Solutions
 Platform Used: Stagelight AI  Challenge
 Implementation Period: Q3-Q4 2023
 50 production lines
 Challenge  200+ sensors per line
 Real-time monitoring requirement
 Processing 10,000+ medical images daily  Legacy system integration
 Need for HIPAA compliance
 99.9% uptime requirement  Solution Implementation (Pseudo Code)
 Integration with existing PACS systems
 Import Modal Labs library for deployment and scheduling
 Solution Implementation (Pseudo Code)
 Import Modal Library
 Import Stagelight AI library and compliance module
 Define predictive maintenance model
 Import Stagelight Library
 Import HIPAA Compliance Module  Load Predictive Maintenance Model from model_path

 Load and configure diagnostic model  Configure predictive function for each sensor line

 Load Diagnostic Model from model_path  Define Predictive Function:


 Input: Sensor data (temperature, vibration, pressure)
 Set HIPAA compliance and monitoring configuration  Output: Failure probability or maintenance need

 Define Compliance Config:  Set up GPU instance for model inference (if needed)
 compliance_standard = HIPAA
 accuracy_threshold = 95%  Assign GPU Instance for intensive computations
 latency_threshold = 200 ms (optional)

 Deploy model with compliance checks and monitoring  Schedule predictive maintenance function to run
periodically
 Deploy Model with:
 model_path = "models/diagnostic_classifier"  Schedule Predictive Function:
 compliance = Compliance Config  Every 5 minutes, run Predictive Function with live sensor
data
 Implement diagnostic API for image processing
 Monitor system for downtime and failure predictions
 Define Diagnostic API Endpoint:

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Volume 9, Issue 10, October– 2024 International Journal of Innovative Science and Research Technology
ISSN No:-2456-2165 https://doi.org/10.38124/ijisrt/IJISRT24OCT1856

 While Application Running: VII. CONCLUSION


 Monitor failure predictions and alert maintenance team if
probability > threshold These socio-economic benefits accrue significantly from
 Adjust schedule based on production line activity the various ML deployment platforms, viz: Baseten,
Bananas.dev, Stagelight AI, Replicate and Modal Labs. Thus
 Results in this study, we set a milestone by showing real- case scenario
examples of business impact due to performance
 45% reduction in unplanned downtime benchmarking done regarding AI democratization leading up
 $2.1M annual maintenance cost savings to business efficiency gains; eventually, economic impact
 30% improvement in equipment lifespan enhancement, on top of that across areas of e-commerce and
 95% accurate failure prediction rate[6]. especially manufacturing and healthcare can speak about
transforming potential.
VI. SOCIO-ECONOMIC BENEFITS
REFERENCES
 Economic Diversification and Market Expansion
AI platforms, including Baseten and Bananas.dev, open [1]. PwC, "Global Artificial Intelligence Study: Sizing the
up access to the economy for industries that, hitherto because Prize," 2023.
of technology barriers, could not be adopted. They help create [2]. Deloitte, "State of AI in the Enterprise, 7th Edition,"
new market segments and products, especially small- and mid- 2023.
sized businesses. Its reach into far-flung sectors-from retail to [3]. Gartner, "Market Guide for AI Implementation in
healthcare-unlocks far-reaching innovation designed to SMEs," 2023.
improve customer experiences while strengthening market [4]. McKinsey & Company, "The State of AI in
resilience. This business with AI grows and forms significant Manufacturing," 2023.
proportions of the overall economy due to increased scope for [5]. World Economic Forum, "The Future of Jobs Report,"
application in nontechnical sectors[2]. 2023.
[6]. E. Brynjolfsson and A. McAfee, Machine Platform
 Workforce Empowerment and Adaptive Roles Crowd, W.W. Norton & Company, 2023.
With AI automating mundane operational tasks, [7]. IDC, "Worldwide Artificial Intelligence Spending
employees are left free to focus on much more strategic, Guide," 2023.
analytical and creative roles that are very hard to automate. But [8]. Forbes Technology Council, "AI Implementation
this doesn't only have the effect of changing individual jobs Trends in SMEs," 2023.
for the better but even creates opportunities for professional [9]. Baseten, "Low-Code Machine Learning Deployment,"
evolution at the organizational level as well. AI-monitoring Baseten, 2023. [Online]. Available:
skills, ethics, and applied machine learning assure new forms https://www.baseten.co/
of roles to develop into an adaptive and forward-looking force. [10]. Bananas.dev, "API-Driven Machine Learning
Deployments," Bananas.dev, 2023. [Online].
Estimates indicate that for every 10 jobs displaced by Available: https://bananas.dev/
automated devices, some 5-7 new, specialized jobs arise, [11]. Stagelight AI, "AI for Healthcare and Finance:
keeping in line with the growing human need for machine Industry-Specific Solutions," Stagelight AI, 2023.
oversight, monitoring its advancement, and strategic decision- [Online]. Available: https://stagelight.ai/
making[3]. [12]. Replicate, "Full-Control Machine Learning
Deployment," Replicate, 2023. [Online]. Available:
 Insight: According to reports, 60% of companies that have https://replicate.com/
AI investments also are making concurrent investments in [13]. Modal Labs, "Customizable ML Workflows for
workforce development that have employees to have better Enterprises," Modal Labs, 2023. [Online]. Available:
skills for dealing with more complex data and machine https://modal.com/
learning[5].

 Competitive Balance and Available Technology


Through its affordable and scalable solutions, AI
platforms bridge the gap between the large enterprises and
small businesses by offering more of a level playing field. The
use of AI enables SMEs to focus on perfecting their
operational efficiency, enhancing customer engagement, and
shortening product cycles without massive in-house resources.
This access to scalable technology enables SMEs to innovate
more rapidly, with a resultant 15-20% increase in customer
satisfaction and a 30% reduction in product development time,
thereby fostering a more inclusive and dynamic market
landscape[7].

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