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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

Description

Amazon Forecast is an entirely managed service that employs machine learning techniques to provide exceptionally precise predictions. In the contemporary business landscape, organizations utilize a range of tools, from basic spreadsheets to intricate financial planning applications, in their quest to accurately project future outcomes such as product demand, resource allocation, and overall financial results. These forecasting tools generate predictions by analyzing historical data known as time series data. For instance, they might estimate future demand for raincoats based solely on past sales figures, operating under the premise that future performance will mirror historical trends. However, this methodology can falter when tasked with managing extensive datasets that exhibit irregular patterns. Moreover, it often struggles to seamlessly integrate evolving data streams—like pricing, discounts, web traffic, and workforce numbers—with pertinent independent variables, such as product specifications and retail locations. As a result, businesses seeking reliable forecasts may find themselves facing significant challenges in adapting to the complexities of their data.

Description

Amazon Timestream is an efficient, scalable, and serverless time series database designed for IoT and operational applications, capable of storing and analyzing trillions of events daily with speeds up to 1,000 times faster and costs as low as 1/10th that of traditional relational databases. By efficiently managing the lifecycle of time series data, Amazon Timestream reduces both time and expenses by keeping current data in memory while systematically transferring historical data to a more cost-effective storage tier based on user-defined policies. Its specialized query engine allows users to seamlessly access and analyze both recent and historical data without the need to specify whether the data is in memory or in the cost-optimized tier. Additionally, Amazon Timestream features integrated time series analytics functions, enabling users to detect trends and patterns in their data almost in real-time, making it an invaluable tool for data-driven decision-making. Furthermore, this service is designed to scale effortlessly with your data needs while ensuring optimal performance and cost efficiency.

API Access

Has API No 

API Access

Has API Yes 

Screenshots View All

Screenshots View All

Integrations

APERIO DataWise No 
AWS AI Services Yes 
AWS App Mesh Yes 
Amazon S3 Yes 
Grafana Cloud No 
Rackspace Cloud Files No 
Seeq No 
TrendMiner No 

Integrations

APERIO DataWise Yes 
AWS AI Services No 
AWS App Mesh No 
Amazon S3 No 
Grafana Cloud Yes 
Rackspace Cloud Files Yes 
Seeq Yes 
TrendMiner Yes 

Pricing Details

No price information available.
Free Trial Yes 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Amazon

Founded

1994

Country

United States

Website

aws.amazon.com/forecast/

Vendor Details

Company Name

Amazon

Founded

1994

Country

United States

Website

aws.amazon.com/timestream/

Product Features

Sales Forecasting

Competitor Analysis Yes 
Correlation Analysis Yes 
Dashboard Yes 
Dynamic Modeling No 
Exception Reporting Yes 
Graphical Data Presentation Yes 
Modeling & Simulation Yes 
Performance Metrics No 
Sales Trend Analysis Yes 
Statistical Analysis Yes 

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