Amazon Forecast

Time Series Forecasting Service by AWS

Introducing Amazon Forecast, the fully managed time-series forecasting service that leverages the powerful machine learning technology used at Amazon.com. Designed for business metrics analysis, Amazon Forecast is revolutionizing the way forecasting is done.

✨ Features:

- 🌟Forecasting millions of items: Scale your operations to new heights by utilizing the same technology used at Amazon.com to forecast millions of items.

- 🌟Optimize inventory: Reduce waste and maximize capital utilization with highly accurate forecasts at a granular level.

- 🌟Long-term decisions: Make strategic decisions with greater confidence, backed by reliable forecasting data.

- 🌟Increase customer satisfaction: Ensure optimal staffing levels to meet fluctuating customer demands and enhance customer satisfaction.

🔑 Use Cases:

- Retail and inventory forecasting: Minimize waste, improve inventory turns, and enhance product availability by forecasting demand at specific probability levels.

- Workforce planning: Optimize workforce staffing by forecasting in 15-minute increments, adapting to both high and low demand periods.

- Travel demand forecasting: Efficiently manage operating costs by accurately forecasting foot traffic, visitor counts, and channel demand.

Experience the power of Amazon Forecast in revolutionizing your business forecasting.

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Featured on Oct 28
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