Amazon SageMaker |
| Description | Salford Predictive Modeler is a robust machine learning, data mining and predictive analytics solution for businesses. The entire software suite comes inclusive of accurate business engines like MARS®, CART®, TreeNet® and Random Forests® besides exclusive modelling and automation capabilities that are not found somewhere else. Organisations can depend on the solution to gain access to accurate regression, loan classification, survival analysis, data binning, missing value analysis and segmentation processes. Further, Salford Predictive Modeler with its more than 70 pe-packaged automation scenarios, gruntwork reliving tools and enhanced algorithms facilities seamless operations. Users can also depend on the variable discovery monitoring functionality provided by the platform to determine interaction specific inclusions and control. Businesses even get access to a heap of automation tools that can be used to search out the best parameters within a regularised boosting model, perform a scholastic search, monitor interactions and experiment with several learn rates in an automated way. Read more | Amazon Forecast is a machine learning-based predictive analytics software and a time-series forecasting tool designed to facilitate metrics analysis for business in order to provide enhanced user experience and increased revenue. It allows you to predict business outcomes with ease and accuracy using the power and security of Amazon’s technology. Using the same technologies as Amazon.com, you can scale operations by anticipating millions of goods. With granular forecasting, you can optimize inventories and decrease waste. You can improve capital use and make more confident long-term choices. It offers optimal staffing to meet shifting demand levels and will improve customer satisfaction. You can improve the capabilities of software as a service (SaaS) product by integrating machine learning-based predictions to discover complicated demand linkages using Amazon Forecast. Users can combine historical sales and demand data with price, online traffic, weather, product category, and holiday information to forecast inventory requirements for particular establishments. With precise resource need forecasting in near-real time, you can improve utilization and customer satisfaction with Amazon Forecast. Additionally, it offers a free trial to test its features. Read more |
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Accurate Forecasting, Ease of Use, Automated Forecasting Process, Seamless AWS Integration High Learning Curve, Limited Customization Options, Pricing Complexity, High System Requirements |
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Amazon Forecast is a powerful forecasting tool that utilizes machine learning to deliver accurate predictions based on historical data. Users appreciate its ease of use, even for those without extensive machine learning experience, and its capacity to handle large datasets. The accuracy of its predictions is consistently praised, allowing businesses to make informed decisions about inventory management, pricing, and resource allocation. However, some users point to the service's cost as a potential drawback, especially for smaller businesses. Additionally, the initial setup and configuration can be challenging, requiring a basic understanding of machine learning concepts and AWS infrastructure. Overall, Amazon Forecast is a promising tool for businesses seeking to leverage the power of AI for forecasting, but its cost and complexity may require careful consideration. |
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Salford Predictive Modeler Custom |
Free Free Amazon Forecast Custom |
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| Company Details | Located in: Bangalore, India | Located in: Seattle, WA |
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+91 80 4010 9793 |
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