Amazon Forecast - Accurate time-series forecasting service

Amazon Forecast is a fully managed service that uses machine learning to deliver highly accurate forecasts. Companies today use everything from simple spreadsheets to complex financial planning software to attempt to accurately forecast future business outcomes such as product demand, resource needs, or financial performance. These tools build forecasts by looking at a historical series of data, which is called time series data. For example, such tools may try to predict the future sales of a raincoat by looking only at its previous sales data with the underlying assumption that the future is determined by the past. This approach can struggle to produce accurate forecasts for large sets of data that have irregular trends. Also, it fails to easily combine data series that change over time (such as price, discounts, web traffic, and number of employees) with relevant independent variables like product features and store locations.

Based on the same technology used at Amazon.com, Amazon Forecast uses machine learning to combine time series data with additional variables to build forecasts. Amazon Forecast requires no machine learning experience to get started. You only need to provide historical data, plus any additional data that you believe may impact your forecasts. For example, the demand for a particular color of a shirt may change with the seasons and store location. This complex relationship is hard to determine on its own, but machine learning is ideally suited to recognize it. Once you provide your data, Amazon Forecast will automatically examine it, identify what is meaningful, and produce a forecasting model capable of making predictions that are up to 50% more accurate than looking at time series data alone.

Amazon Forecast is a fully managed service, so there are no servers to provision, and no machine learning models to build, train, or deploy. You pay only for what you use, and there are no minimum fees and no upfront commitments. (June, 2020) Retrieved from: https://aws.amazon.com/forecast/.


SINProduct NumberGSA Price/Unit
Includes IFF		UnitPrice DescriptionProduct Description
518210C4MKRBJYP8X7PE33H0.0198000000ForecastDataPoints_in_ThousandsForecast Data Points per Month (greater than 50M): 0.0198 USDUS East (N. Virginia) Location OnDemand
518210C4MKRBJYP8X7PE33H0.1980000000ForecastDataPoints_in_ThousandsForecast Data Points per Month (greater than 1M and less than 50M): 0.1980 USDUS East (N. Virginia) Location OnDemand
518210C4MKRBJYP8X7PE33H0.7920000000ForecastDataPoints_in_ThousandsForecast Data Points per Month (greater than 100K and less than 1M): 0.7920 USDUS East (N. Virginia) Location OnDemand
518210C4MKRBJYP8X7PE33H1.9800000000ForecastDataPoints_in_ThousandsForecast Data Points per Month (less than 100K): 1.98 USDUS East (N. Virginia) Location OnDemand
518210C6VQAHQXMK35NGESW0.2376000000TrainingHourTrainingHours: 0.2376 USD per training hourUS East (N. Virginia) Location OnDemand
518210C7XMYGSKPH4E4JZSB0.1485000000Explanations_in_ThousandsExplanations per Month (greater than 10M): 0.1485 USD per 1000 ExplanationsUS East (N. Virginia) Location OnDemand
518210C7XMYGSKPH4E4JZSB0.2475000000Explanations_in_ThousandsExplanations per Month (greater than 1M and less than 10M): 0.2475 USD per 1000 ExplanationsUS East (N. Virginia) Location OnDemand
518210C7XMYGSKPH4E4JZSB0.7920000000Explanations_in_ThousandsExplanations per Month (greater than 50K and less than 1M): 0.7920 USD per 1000 ExplanationsUS East (N. Virginia) Location OnDemand
518210C7XMYGSKPH4E4JZSB1.9800000000Explanations_in_ThousandsExplanations per Month (less than 50K): 1.98 USD per 1000 ExplanationsUS East (N. Virginia) Location OnDemand
518210CDG9D59965XM8BM4P0.0871200000GBDataInjection: 0.08712 USD per GB of data injectedUS East (N. Virginia) Location OnDemand
518210CZJMWQPWTSA84H94E0.5940000000ForecastTime-series: 0.594 USD per 1000 time-series forecastedUS East (N. Virginia) Location OnDemand
518210C3BYVR3GWTCYTYUQ20.5940000000ForecastTime-series: 0.594 USD per 1000 time-series forecastedUS East (Ohio) Location OnDemand
518210CBANJSKWK5YZ3P9Z60.0871200000GBDataInjection: 0.08712 USD per GB of data injectedUS East (Ohio) Location OnDemand
518210CCUD5GUF57RGAHJJ20.0198000000ForecastDataPoints_in_ThousandsForecast Data Points per Month (greater than 50M): 0.0198 USDUS East (Ohio) Location OnDemand
518210CCUD5GUF57RGAHJJ20.1980000000ForecastDataPoints_in_ThousandsForecast Data Points per Month (greater than 1M and less than 50M): 0.1980 USDUS East (Ohio) Location OnDemand
518210CCUD5GUF57RGAHJJ20.7920000000ForecastDataPoints_in_ThousandsForecast Data Points per Month (greater than 100K and less than 1M): 0.7920 USDUS East (Ohio) Location OnDemand
518210CCUD5GUF57RGAHJJ21.9800000000ForecastDataPoints_in_ThousandsForecast Data Points per Month (less than 100K): 1.98 USDUS East (Ohio) Location OnDemand
518210CPM83A2X5CKUAREXQ0.1485000000Explanations_in_ThousandsExplanations per Month (greater than 10M): 0.1485 USD per 1000 ExplanationsUS East (Ohio) Location OnDemand
518210CPM83A2X5CKUAREXQ0.2475000000Explanations_in_ThousandsExplanations per Month (greater than 1M and less than 10M): 0.2475 USD per 1000 ExplanationsUS East (Ohio) Location OnDemand
518210CPM83A2X5CKUAREXQ0.7920000000Explanations_in_ThousandsExplanations per Month (greater than 50K and less than 1M): 0.7920 USD per 1000 ExplanationsUS East (Ohio) Location OnDemand
518210CPM83A2X5CKUAREXQ1.9800000000Explanations_in_ThousandsExplanations per Month (less than 50K): 1.98 USD per 1000 ExplanationsUS East (Ohio) Location OnDemand
518210CV7H8JA24DEMTQCKF0.2376000000TrainingHourTrainingHours: 0.2376 USD per training hourUS East (Ohio) Location OnDemand
518210C54KUTEY875FV4HK30.5940000000ForecastTime-series: 0.594 USD per 1000 time-series forecastedUS West (Oregon) Location OnDemand
518210CAT7MS6HGPPT3S3WS0.1485000000Explanations_in_ThousandsExplanations per Month (greater than 10M): 0.1485 USD per 1000 ExplanationsUS West (Oregon) Location OnDemand
518210CAT7MS6HGPPT3S3WS0.2475000000Explanations_in_ThousandsExplanations per Month (greater than 1M and less than 10M): 0.2475 USD per 1000 ExplanationsUS West (Oregon) Location OnDemand
518210CAT7MS6HGPPT3S3WS0.7920000000Explanations_in_ThousandsExplanations per Month (greater than 50K and less than 1M): 0.7920 USD per 1000 ExplanationsUS West (Oregon) Location OnDemand
518210CAT7MS6HGPPT3S3WS1.9800000000Explanations_in_ThousandsExplanations per Month (less than 50K): 1.98 USD per 1000 ExplanationsUS West (Oregon) Location OnDemand
518210CUDHJC8954FGKB38X0.2376000000TrainingHourTrainingHours: 0.2376 USD per training hourUS West (Oregon) Location OnDemand
518210CYHWZDNPU4XJFREVW0.0871200000GBDataInjection: 0.08712 USD per GB of data injectedUS West (Oregon) Location OnDemand
518210CZ9UJ776BVB4S5G240.0198000000ForecastDataPoints_in_ThousandsForecast Data Points per Month (greater than 50M): 0.0198 USDUS West (Oregon) Location OnDemand
518210CZ9UJ776BVB4S5G240.1980000000ForecastDataPoints_in_ThousandsForecast Data Points per Month (greater than 1M and less than 50M): 0.1980 USDUS West (Oregon) Location OnDemand
518210CZ9UJ776BVB4S5G240.7920000000ForecastDataPoints_in_ThousandsForecast Data Points per Month (greater than 100K and less than 1M): 0.7920 USDUS West (Oregon) Location OnDemand
518210CZ9UJ776BVB4S5G241.9800000000ForecastDataPoints_in_ThousandsForecast Data Points per Month (less than 100K): 1.98 USDUS West (Oregon) Location OnDemand


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