Amazon Forecast vs. IBM SPSS Modeler

I personally get the feeling that Amazon Forecast must have been a direct product released on the models Amazon themselves must have used at some port. Amazon Forecast definitely shines when using it for product demand, inventory, and pricing throughout store locations, etc. Everything, including data-set importing, works best in this context. When applying it to more edge cases like resource planning around events, it can be a bit more tricky to apply effectively.

Incentivized

Modeler is well suited for understanding consumer data. The ability to create a prediction and then to understand what is driving that prediction is strong in Modeler. Modeler is closely aligned with the CRISP-DM data mining approach meaning it is not just the 'doing' but also the theoretical background behind the development of data mining models.

Incentivized

• Develop benchmarks for use in future forecast.
• Performs contingency planning during challenging financial times.
• Anticipate the impact of new expanse.

Incentivized

• A very nice and easy to use interface.
• A great variety of analytics, from statistical calculation to data validation and predictive statistics.
• Has a steep learning curve.

Incentivized

• Potential very high costs
• Predicting ongoing running costs
• Very product focused

Incentivized

• Some Analyses aren't there out of the box but can be added through open languages like R and Python.
• Graphs could be better.
• Unable to read data stored in OLAP databases

Incentivized

The ability to do predictive modeling, text analytics for both structured & unstructured data, decision management, optimization, and support for various data sources

Incentivized

The online support board is helpful and the free add ons are incredibly appreciated.

Incentivized

There was no other product or service that was considered before making the choice to go with Amazon Forecast as the forecasting that the company was looking for had everything running in the AWS environment, the choice had to be obvious. Integrating with Amazon Forecast also ensured that everything is under a single roof and we didn't have to go multiple places looking for data when needed.

Incentivized

We additionally use SAS Data Miner as a toolkit. Compared to SAS Data Miner, the SPSS Modeler is a good competitor. SAS probably is more integrated in the market for a visual-based code for data science activities. However, I don't think it offers anything better than SPSS, and I really like several of the helpful components for usability for SPSS like peaks into nodes.

Incentivized

• Insights have been available much more quickly and well designed manner
• Integration with other tools has been flawless

Incentivized

• I am able to study and work from home sustainably
• I can help others have a high quality university education experience to graduate confident and competent to meet gaps in the wider community
• Market research for my business
• Help other small businesses to create viable and high quality products and services
• Contribute to research projects: ethical, high quality data analyses and interpretation

Incentivized