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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 Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

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 Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Not Supported

API

Offers API Supported

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version Not Supported
Free Trial Supported

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

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 Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Training

Documentation Supported
Webinars Supported
Live Online Not Supported
In Person Not Supported

Company Information

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

Company Information

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

Alternatives

Alternatives

InfluxDB

InfluxDB

InfluxData
Autobox

Autobox

Automatic Forecasting Systems
TimescaleDB

TimescaleDB

Tiger Data
Odyx yHat

Odyx yHat

Odyssey Analytics
DemandPlanner

DemandPlanner

Demand Planner
Prophecy

Prophecy

Data Perceptions
Warp 10

Warp 10

SenX

Categories

Categories

Sales Forecasting Features

Competitor Analysis Supported
Correlation Analysis Supported
Dashboard Supported
Dynamic Modeling Not Supported
Exception Reporting Supported
Graphical Data Presentation Supported
Modeling & Simulation Supported
Performance Metrics Not Supported
Sales Trend Analysis Supported
Statistical Analysis Supported

Integrations

APERIO DataWise Not Supported
AWS AI Services Supported
AWS App Mesh Supported
Amazon S3 Supported
Grafana Cloud Not Supported
Rackspace Cloud Files Not Supported
Seeq Not Supported
TrendMiner Not Supported

Integrations

APERIO DataWise Supported
AWS AI Services Not Supported
AWS App Mesh Not Supported
Amazon S3 Not Supported
Grafana Cloud Supported
Rackspace Cloud Files Supported
Seeq Supported
TrendMiner Supported
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