The quality of an organization’s decision-making depends on the quality of its data—and organizations that make efforts to improve data quality see tremendous benefit. One economic impact study from Forrester found that keeping models accurate over time helped increase total profits anywhere from $4.1 million to $15.6 million while reducing model monitoring efforts by 35-50%.
Monitoring machine learning models will enable you to analyze the accuracy of predictions, eliminate prediction errors, and tweak models to ensure the best performance—ultimately helping you make better decisions.
Read this whitepaper to understand:
- Why model monitoring is important
- Approaches to monitor drift
- How Fosfor Refract helps optimize model monitoring