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.