One of the hardest things to realize about machine learning is that there are no standardized ways of doing things. Your machine learning model needs to get into production, which is the ultimate goal for every company. However, that rarely happens, and every company has a way of getting to that goal that might differ from others.
A feature store is a way of optimizing the MLOps process to get the best effect possible. It is also crucial to understand how a feature store for ML works to give you the best results possible on your projects.
Introduction to Feature Stores
A feature store is an integral part of every machine learning project. In fact, it is one of the few things that has become a natural piece of every company’s machine learning repository. The feature store is essentially your catalog of features.
It allows everyone inside your company to work with the same data, and it also streamlines your operations. You no longer have to do certain machine learning processes from scratch, which makes it possible for you to get to production a lot faster. ML features make a huge difference for every machine learning project.
Now that you’ve understood what a feature store is, it is time to understand what features are., You can think of a feature as the data type inside your data set.
You have online features, but you also have offline features as well. They are both important, but they have to do with how the information changes with time. In every machine learning project, you are looking for some variable to get insights about. You need features to make your machine learning models work. Without them, your machine learning model would not be a functioning entity that delivers value for your business.
Because of this reality, it is crucial that you understand how a feature is consumed by your model. You also need to understand how online features, which are dynamic, differ from offline features, which are static. When you understand how features work, it makes building a feature store a lot easier for you and your business.
Why You Need a Feature Store
It is crucial to have a good feature store because it will help your business create a workflow that makes sense. It helps with the process that MLOps already assists with. It allows your business to create excellent pipelines that make the job of a data scientist easier. That is because the machine learning engineer has to also use the feature store,which allows the machine learning engineers to take features they need without having to consult the data scientist.
It makes the process of machine learning model building faster and more streamlined. It also means your business can then create more models in the future, making it possible to iterate and advance to the next level. However, you might be stuck making a choice between an integrated or standalone solution. An integrated solution like xpresso.ai comes with all the parts you need to build a solution that fits your business.