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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

For any retailer it would be waste of a precious resources to overstock the storage or not to have enough amounts of particular products. Sales forecasting enables clever resource management helping retailers not just with their storage but also with planning budgets and costs, workforce, promotion activities, etc. High sales forecast accuracy is crucial and A4E` applications often exceed 95%. Such accuracy level is achieved via mathematical modelling utilized in cloud computing. The powerful engine behind the sales forecasting apps is able to determine the impact of particular product sales created by the sales of other product or product groups. A4RetailStores also project the impact of the weather, consumer trends, holidays, etc. to its sales forecasts.

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

Retail stores looking for a demand, planning and sales forecasting tool

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

A4E
Founded: 2016
Bulgaria
www.a4everyone.com

Alternatives

Alternatives

Occubee

Occubee

3SOFT
Autobox

Autobox

Automatic Forecasting Systems
Odyx yHat

Odyx yHat

Odyssey Analytics
DemandPlanner

DemandPlanner

Demand Planner
Prophecy

Prophecy

Data Perceptions
Prophecy

Prophecy

Data Perceptions

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

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

AWS AI Services
AWS App Mesh
Amazon S3

Integrations

AWS AI Services
AWS App Mesh
Amazon S3
Claim Amazon Forecast and update features and information
Claim Amazon Forecast and update features and information
Claim a4RetailStores and update features and information
Claim a4RetailStores and update features and information