Getting accurate time series forecasts from historical data is not an easy task. Last year at re:Invent we introduced Amazon Forecast, a fully managed service that requires no experience in machine learning to deliver highly accurate forecasts. I’m excited to share that Amazon Forecast is generally available today!
With Amazon Forecast, there are no servers to provision. You only need to provide historical data, plus any additional metadata that you think may have an impact on your forecasts. For example, the demand for a particular product you need or produce may change with the weather, the time of the year, and the location where the product is used.
Amazon Forecast is based on the same technology used at Amazon and packages our years of experience in building and operating scalable, highly accurate forecasting technology in a way that is easy to use, and can be used for lots of different use cases, such as
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