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Average Ratings 0 Ratings

Total
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

Forecast Pro is a ready-to-use forecasting software tailored for business analysts and forecasters. Its versatility allows it to be utilized in nearly every industry, empowering users to leverage advanced forecasting methods with ease. Combining robustness with user-friendliness, this tool can be swiftly deployed, often becoming operational within days or even hours. By integrating the capabilities of AI machine learning alongside statistical forecasting, Forecast Pro delivers a comprehensive solution in a single, accessible format. Its innovative “best pick” algorithm incorporates state-of-the-art forecasting technologies, simplifying the process of generating precise and dependable forecasts. Organizations can seamlessly integrate Forecast Pro as their top-tier standalone forecasting tool without having to discard their current ERP or planning systems. Additionally, the software can effortlessly connect to any existing databases or applications, ensuring that users are not constrained by subpar embedded forecasting options. This flexibility enhances the overall forecasting experience, allowing businesses to make informed decisions confidently.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

AWS AI Services Yes 
AWS App Mesh Yes 
Amazon S3 Yes 

Integrations

AWS AI Services No 
AWS App Mesh No 
Amazon S3 No 

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 No 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
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 No 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

Amazon

Founded

1994

Country

United States

Website

aws.amazon.com/forecast/

Vendor Details

Company Name

Business Forecast Systems

Country

United States

Website

www.forecastpro.com

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 

Product Features

Sales Forecasting

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

Statistical Analysis

Analytics Yes 
Association Discovery Yes 
Compliance Tracking Yes 
File Management No 
File Storage Yes 
Forecasting Yes 
Multivariate Analysis No 
Regression Analysis No 
Statistical Process Control Yes 
Statistical Simulation Yes 
Survival Analysis No 
Time Series No 
Visualization No 

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