What is a Minimum Viable Model (MVM)?
You’ve heard of an MVP, right? Similarly, a minimum viable model (or MVM) is the creation of an AI/ML application that is able to be tested. In software development, it’s the first major milestone of an AI model.
The goal of an MVM is to be able to build quickly, test early and discover real world opportunities or challenges while reducing risk and costs to creating and implementing AI application.