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About

Amazon Forecast is a fully managed service that uses machine learning to deliver highly accurate forecasts. Companies today use everything from simple spreadsheets to complex financial planning software to attempt to accurately forecast future business outcomes such as product demand, resource needs, or financial performance. These tools build forecasts by looking at a historical series of data, which is called time series data. For example, such tools may try to predict the future sales of a raincoat by looking only at its previous sales data with the underlying assumption that the future is determined by the past. This approach can struggle to produce accurate forecasts for large sets of data that have irregular trends. Also, it fails to easily combine data series that change over time (such as price, discounts, web traffic, and number of employees) with relevant independent variables like product features and store locations.

About

Amazon Timestream is a fast, scalable, and serverless time series database service for IoT and operational applications that makes it easy to store and analyze trillions of events per day up to 1,000 times faster and at as little as 1/10th the cost of relational databases. Amazon Timestream saves you time and cost in managing the lifecycle of time series data by keeping recent data in memory and moving historical data to a cost optimized storage tier based upon user defined policies. Amazon Timestream’s purpose-built query engine lets you access and analyze recent and historical data together, without needing to specify explicitly in the query whether the data resides in the in-memory or cost-optimized tier. Amazon Timestream has built-in time series analytics functions, helping you identify trends and patterns in your data in near real-time.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Anyone looking to improve forecasting without having any machine learning experience yet

Audience

Anyone in need of a scalable, and serverless time series database service for IoT and operational applications

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Amazon
Founded: 1994
United States
aws.amazon.com/forecast/

Company Information

Amazon
Founded: 1994
United States
aws.amazon.com/timestream/

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Alternatives

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Autobox

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TimescaleDB

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Odyx yHat

Odyx yHat

Odyssey Analytics
DemandPlanner

DemandPlanner

Demand Planner
Warp 10

Warp 10

SenX
kdb+

kdb+

KX Systems

Categories

Categories

Sales Forecasting Features

Competitor Analysis
Correlation Analysis
Dashboard
Dynamic Modeling
Exception Reporting
Graphical Data Presentation
Modeling & Simulation
Performance Metrics
Sales Trend Analysis
Statistical Analysis

Integrations

APERIO DataWise
AWS AI Services
AWS App Mesh
Amazon S3
Grafana
Rackspace Cloud Files
Seeq
TrendMiner

Integrations

APERIO DataWise
AWS AI Services
AWS App Mesh
Amazon S3
Grafana
Rackspace Cloud Files
Seeq
TrendMiner
Claim Amazon Forecast and update features and information
Claim Amazon Forecast and update features and information
Claim Amazon Timestream and update features and information
Claim Amazon Timestream and update features and information