Category: Amazon SageMaker Canvas

The last few years have seen a tremendous paradigm shift in how institutional asset managers source and integrate multiple data sources into their investment process. With frequent shifts in risk correlations, unexpected sources of volatility, and increasing competition from passive strategies, asset managers are employing a broader set of third-party data sources to gain a […]

Business analysts work with data and like to analyze, explore, and understand data to achieve effective business outcomes. To address business problems, they often rely on machine learning (ML) practitioners such as data scientists to assist with techniques such as utilizing ML to build models using existing data and generate predictions. However, it isn’t always […]

Today, Amazon SageMaker Canvas introduces the ability to use the Quick build feature with time series forecasting use cases. This allows you to train models and generate the associated explainability scores in under 20 minutes, at which point you can generate predictions on new, unseen data. Quick build training enables faster experimentation to understand how […]

Exploratory data analysis (EDA) is a common task performed by business analysts to discover patterns, understand relationships, validate assumptions, and identify anomalies in their data. In machine learning (ML), it’s important to first understand the data and its relationships before getting into model building. Traditional ML development cycles can sometimes take months and require advanced […]

June 2024: This blog post has been updated to reflect the updates in the architecture described. Additionally, support for CloudFormation templates has been added. The proliferation of machine learning (ML) across a wide range of use cases is becoming prevalent in every industry. However, this outpaces the increase in the number of ML practitioners who […]

Every company, regardless of its size, wants to deliver the best products and services to its customers. To achieve this, companies want to understand industry trends and customer behavior, and optimize internal processes and data analyses on a routine basis. This is a crucial component of a company’s success. A very prominent part of the […]

Logistics and transportation companies track ETA (estimated time of arrival), which is a key metric for their business. Their downstream supply chain activities are planned based on this metric. However, delays often occur, and the ETA might differ from the product’s or shipment’s actual time of arrival (ATA), for instance due to shipping distance or […]

Predicting common machine failure types is critical in manufacturing industries. Given a set of characteristics of a product that is tied to a given type of failure, you can develop a model that can predict the failure type when you feed those attributes to a machine learning (ML) model. ML can help with insights, but […]

Customers in industries like consumer packaged goods, manufacturing, and retail are always looking for ways to empower their operational processes by enriching them with insights and analytics generated from data. Tasks like sales forecasting directly affect operations such as raw material planning, procurement, manufacturing, distribution, and inbound/outbound logistics, and it can have many levels of […]

Agility and security have historically been two aspects of IT of paramount importance for any company. With the simplification of access to advanced IT technologies thanks to low-code and no-code (LCNC) tools, an even bigger number of people must be enabled to access resources, without impacting security. For many companies, the solution has been to […]