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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

Gain straightforward access to our robust forecasting software through the SAS Forecast Studio GUI, eliminating the need for manual model coding. The solution is versatile, catering to both interactive and batch environments, allowing users to choose the interface or batch job that best fits their skills and requirements. For those who are more experienced, the SAS programming language unlocks a wider array of functionalities. Automatically create millions of reliable, statistically-driven forecasts, enabling analysts to concentrate on the most crucial or challenging forecasts due to the streamlined nature of large forecasting processes. This extensive automation also minimizes the necessity for manual involvement, thereby decreasing the risk of interference from organizational politics or personal biases in the forecasting results. The software intelligently identifies key drivers, holidays, or events influencing the business forecasting process, ensuring that your forecasts accurately capture the complexities inherent in your business landscape. By utilizing sophisticated algorithms, the software continuously improves its accuracy, thus enhancing decision-making capabilities across the organization.

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 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) Yes 
In Person Yes 

Vendor Details

Company Name

Amazon

Founded

1994

Country

United States

Website

aws.amazon.com/forecast/

Vendor Details

Company Name

SAS Institute

Founded

1976

Country

United States

Website

www.sas.com/en_us/software/forecast-server.html

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 Yes 
Statistical Analysis Yes 

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