Category: Amazon Forecast

Amazon Forecast just launched the ability to hierarchically delete resources at a parent level without having to locate the child resources. You can stay focused on building value-adding forecasting systems and not worry about trying to manage individual resources that are created in your workflow. Forecast uses machine learning (ML) to generate more accurate demand […]

Amazon Forecast now displays the estimated time it takes to complete an in-progress workflow for importing your data, training the predictor, and generating the forecast. You can now manage your time more efficiently and better plan for your next workflow around the estimated time remaining for your in-progress workflow. Forecast uses machine learning (ML) to […]

Amazon Forecast is a fully managed service that is based on the same technology used for forecasting at Amazon.com. Forecast uses machine learning (ML) to combine time series data with additional variables to build highly accurate forecasts. Forecast requires no ML experience to get started. You only need to provide historical data and any additional […]

You can now enable notifications for workflow status changes while using Amazon Forecast, allowing you to work seamlessly without the disruption of having to check if a particular workflow has completed. Additionally, you can now automate workflows through the notifications to increase work efficiency. Forecast uses machine learning (ML) to generate more accurate demand forecasts, […]

This post is a guest joint collaboration by Supratim Banerjee of More Retail Limited and Shivaprasad KT and Gaurav H Kankaria of Ganit Inc. More Retail Ltd. (MRL) is one of India’s top four grocery retailers, with a revenue in the order of several billion dollars. It has a store network of 22 hypermarkets and […]

Amazon Forecast uses machine learning (ML) to generate more accurate demand forecasts, without requiring any prior ML experience. Forecast brings the same technology used at Amazon.com to developers as a fully managed service, removing the need to manage resources or rebuild your systems. To start generating forecasts through Forecast, you can follow three steps of […]

AWS Cost Explorer enables you to view and analyze your AWS Cost and Usage Reports (AWS CUR). You can also predict your overall cost associated with AWS services in the future by creating a forecast of AWS Cost Explorer, but you can’t view historical data beyond 12 months. Moreover, running custom machine learning (ML) models […]

This is a guest post by Foxconn. The content and opinions in this post are those of the third-party author and AWS is not responsible for the content or accuracy of this post.  In their own words, “Established in Taiwan in 1974, Hon Hai Technology Group (Foxconn) is the world’s largest electronics manufacturer. Foxconn is […]

We’re excited to announce the Amazon Forecast Weather Index, which can increase your forecasting accuracy by automatically including local weather information in your demand forecasts with one click and at no extra cost. Weather conditions influence consumer demand patterns, product merchandizing decisions, staffing requirements, and energy consumption needs. However, acquiring, cleaning, and effectively using live […]

We’re excited to announce that you can now measure the accuracy of forecasts for individual items in Amazon Forecast, allowing you to better understand your forecasting model’s performance for the items that most impact your business. Improving forecast accuracy for specific items—such as those with higher prices or higher costs—is often more important than optimizing […]