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SAN FRANCISCO, March 20, 2019 (GLOBE NEWSWIRE) -- Domino Data Lab, provider of the industry-leading open data science platform, today announced new capabilities to further empower model-driven organizations to institute data science as an enterprise-wide discipline. Updated with three new breakthrough capabilities — Datasets, Experiment Manager, and Activity Feed — Domino helps data science teams accelerate development and delivery of high-impact models through increased collaboration, reproducibility, and reusability across their organizations.
Today’s data science teams are not well equipped to collaborate and iterate on the work necessary to develop models that power their businesses and missions. Productivity suffers without a single view to track, organize, and assess experiments at various levels of detail, as iterations take longer and critical inputs like data are not clearly cataloged and versioned. Additionally, data scientists spend 80 percent of their time wrangling data with data preparation, data engineering, and feature extraction tasks, robbing organizations of time and effort that could be spent on higher value research.
Domino provides a data science platform to rapidly develop, deliver, and manage models. New enhancements to the platform announced today include:
“The Datasets feature has saved us a lot of time,” said Luiz Scheinkman, principal software engineer at machine intelligence company, Numenta. “It used to take hours to process data, so we’d run those processes overnight. With Domino Datasets, we can preprocess the data and attach the preprocessed data to an experiment in 21 minutes. This means we can iterate, see our results, and make continuous improvements throughout the day -- it makes a huge difference in expediting the whole model development process.”
“For too long, data science teams haven’t had software and systems that fit their unique workflows,” said Nick Elprin, CEO of Domino. “At Domino, we are laser focused on providing a platform that maximizes the creativity and productivity of data science teams. With Datasets, Experiment Manager, and Activity Feed, we’re continuing to deliver capabilities that help organizations become model-driven.”
Domino is planning its second annual Rev summit, a two-day conference that offers practical guidance and thought leadership to data science leaders and teams aspiring to make data science an enterprise-grade capability. Featuring notable speakers such as Nobel prizewinner Daniel Kahneman, Allstate’s Chief Data and Analytics Officer Eric Huls, and Domino CEO Nick Elprin, Rev 2 will take place May 23-24, 2019 at the Marriott Marquis in New York City. For more information, visit rev.dominodatalab.com.
About Domino Data Lab
Domino Data Lab provides an open data science platform to help companies run their business on models. Model-driven companies like Allstate, Instacart, Dell, and Bayer use Domino to accelerate breakthrough research, increase collaboration, and rapidly deliver high-impact models. Founded in 2013 and based in San Francisco, Domino is backed by Sequoia Capital, Coatue, Bloomberg Beta, and Zetta Venture Partners. To learn more, visit dominodatalab.com.
Karina Babcock, Director of Corporate Marketing