Amazon Forecast


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Time Series Forecasting Service by AWS

This tool is verified because it is either an established company or has good social media presence

Added on October 28, 2023

Free Trial

Paid plans start from $0.088 per GB

Open Source

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Amazon Forecast Features

Amazon Forecast is a fully managed time-series forecasting service that uses the same machine learning technology used at It's designed for business metrics analysis.


  • Forecasting millions of items: This service allows you to scale operations by forecasting millions of items, using the same technology as
  • Optimize inventory: Reduce waste and improve capital utilization with accurate forecasts at a granular level.
  • Long-term decisions: Make long-term decisions with more confidence.
  • Increase customer satisfaction: Ensure optimal staffing to meet varying demand levels.

Use Cases

  • Retail and inventory forecasting: Reduce waste, increase inventory turns, and improve in-stock availability by forecasting product demand at specific probability levels.
  • Workforce planning: Forecast workforce staffing at 15-minute increments to optimize for high and low demand periods.
  • Travel demand forecasting: Forecast foot traffic, visitor counts, and channel demand to more efficiently manage operating costs.

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