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Amazon Forecast

Time Series Forecasting Service – Amazon Forecast – Amazon Web Services

Overview

Amazon Forecast is a fully managed time-series forecasting service that uses the same machine learning technology used at Amazon.com.

Focus Area

Enterprise Managed Time-Series & Predictive Demand Forecasting Service

Core Features & Capabilities

•Automated Time-Series Machine Learning: Builds highly accurate time-series forecasting models without requiring ML expertise.

•Multi-Variable Supply Chain Analytics: Combines historical operational data with external variables (promotions, holidays, weather).

•Seamless AWS Integration: Exports forecast predictions directly into Amazon S3, QuickSight, and ERP databases.

Best For

•Automating customer support responses and FAQ handling

Software DevelopersDesignersHR Professionals

Integrations

MakeAWS

Architecture & Security

•AWS Cloud Managed Service: Enterprise predictive analytics infrastructure based on Amazon.com's forecasting technology.

Pricing Details

•Free Tier: $0 (10,000 forecasts/month for the first 2 months).

•Pay-As-You-Go: $0.0001 per forecast generated + $0.08 per GB data ingested + $0.24 per hour model training.

PricingFree

ComplexityAdvanced

DeploymentAPI

Time to ValueTechnical setup required

API AvailableYes

Free TrialYes

Open SourceNo

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