Amazon Forecast

Forecast business outcomes easily and accurately using machine learning

  • Scale operations by forecasting millions of items, using the same technology as Amazon.com.
  • Optimize inventory and reduce waste with accurate forecasts at a granular level
  • Improve capital utilization and make long-term decisions with more confidence.
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How Amazon Forecast Works

Amazon Forecast is a time-series forecasting service based on machine learning (ML) and built for business metrics analysis..

  1. Enhance software as a service (SaaS) product capabilities with integrated ML-based forecasts to identify complex demand relationships.
  2. Predict inventory needs at individual stores by combining historical sales and demand data with associated web traffic, pricing, product category, weather, and holiday information.
  3. Improve utilization and customer satisfaction with accurate resource requirement forecasting in near-real time.

How to get most out of Amazon Forecast with AI Guides

Get an unbiased assessment of your needs, and shortlist the best options.  Make sure you only buy what you need, and that it will work in your environment.

Discuss how multiple tools can fit together, so that you can drive efficiencies in your work, and find new sources of value for customers as the rate of technological change accelerates.

Save valuable hours trying to master AI and develop your sourcing strategy.  Focus on what you do best instead. 

Initial Assessment

First, we find out whether your business has the potential for a successful AI project that supports your goals. (If it doesn’t, we’ll tell you!)

Discovery Report

We conduct exhaustive interviews and analysis in order to define the objectives you need to meet to succeed.

Solutions Report

Finally, you get a detailed roadmap for reaching those objectives, and we point you to the right vendors for your project.

Avoid falling behind in the race to deploy AI.

Instead, you can mitigate the risks of your investment and tap into the power and potential of artificial intelligence to transform your business into a leading force in your industry.

All content from Aws.amazon.com/forecast

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