Introduction to Amazon Forecast
AWS 2020 | Beginner
- 1 video | 11m 22s
Accuracy is the most important factor when it comes to time-series forecasting, because it has a direct impact on revenue, cost, and profit. In this lesson, you'll learn how Amazon Forecast improves accuracy by considering additional variables and external factors as opposed to traditional models. We will also look into how Amazon Forecast automates the entire forecasting process, including the recommendation of algorithms for optimal performance.