Amazon Forecast vs. Posit

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Amazon Forecast
Score 8.9 out of 10
N/A
Amazon Forecast is a fully managed service that uses machine learning to deliver accurate forecasts. Amazon Forecast can use historical time series data (e.g., price, promotions, economic performance metrics) to create accurate forecasts for businesses.N/A
Posit
Score 10.0 out of 10
N/A
Posit, formerly RStudio, is a modular data science platform, combining open source and commercial products.N/A
Pricing
Amazon ForecastPosit
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Amazon ForecastPosit
Free Trial
NoYes
Free/Freemium Version
NoYes
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeOptional
Additional Details
More Pricing Information
Community Pulse
Amazon ForecastPosit
Features
Amazon ForecastPosit
Platform Connectivity
Comparison of Platform Connectivity features of Product A and Product B
Amazon Forecast
-
Ratings
Posit
9.3
Ratings
11% above category average
Connect to Multiple Data Sources00 Ratings8.00 Ratings
Extend Existing Data Sources00 Ratings10.00 Ratings
Automatic Data Format Detection00 Ratings10.00 Ratings
Data Exploration
Comparison of Data Exploration features of Product A and Product B
Amazon Forecast
-
Ratings
Posit
9.0
Ratings
7% above category average
Visualization00 Ratings8.00 Ratings
Interactive Data Analysis00 Ratings10.00 Ratings
Data Preparation
Comparison of Data Preparation features of Product A and Product B
Amazon Forecast
-
Ratings
Posit
10.0
Ratings
20% above category average
Interactive Data Cleaning and Enrichment00 Ratings10.00 Ratings
Data Transformations00 Ratings10.00 Ratings
Platform Data Modeling
Comparison of Platform Data Modeling features of Product A and Product B
Amazon Forecast
-
Ratings
Posit
10.0
Ratings
18% above category average
Multiple Model Development Languages and Tools00 Ratings10.00 Ratings
Single platform for multiple model development00 Ratings10.00 Ratings
Self-Service Model Delivery00 Ratings10.00 Ratings
Model Deployment
Comparison of Model Deployment features of Product A and Product B
Amazon Forecast
-
Ratings
Posit
9.9
Ratings
15% above category average
Flexible Model Publishing Options00 Ratings10.00 Ratings
Security, Governance, and Cost Controls00 Ratings9.90 Ratings
Best Alternatives
Amazon ForecastPosit
Small Businesses
InterSystems IRIS
InterSystems IRIS
Score 7.7 out of 10
Jupyter Notebook
Jupyter Notebook
Score 9.4 out of 10
Medium-sized Companies
Posit
Posit
Score 10.0 out of 10
Mathematica
Mathematica
Score 8.2 out of 10
Enterprises
Posit
Posit
Score 10.0 out of 10
Dataiku
Dataiku
Score 7.6 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Amazon ForecastPosit
Likelihood to Recommend
8.9
(0 ratings)
10.0
(0 ratings)
Likelihood to Renew
-
(0 ratings)
9.7
(0 ratings)
Usability
-
(0 ratings)
8.0
(0 ratings)
Availability
-
(0 ratings)
9.4
(0 ratings)
Support Rating
-
(0 ratings)
8.9
(0 ratings)
Implementation Rating
-
(0 ratings)
9.3
(0 ratings)
Configurability
-
(0 ratings)
10.0
(0 ratings)
Product Scalability
-
(0 ratings)
8.2
(0 ratings)
User Testimonials
Amazon ForecastPosit
Likelihood to Recommend
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.
Read full review
In my humble opinion, if you are working on something related to Statistics, RStudio is your go-to tool. But if you are looking for something in Machine Learning, look out for Python. The beauty is that there are packages now by which you can write Python/SQL in R. Cross-platform functionality like such makes RStudio way ahead of its competition. A couple of chinks in RStudio armor are very small and can be considered as nagging just for the sake of argument. Other than completely based on programming language, I couldn't find significant drawbacks to using RStudio. It is one of the best free software available in the market at present.
Read full review
Pros
  • Develop benchmarks for use in future forecast.
  • Performs contingency planning during challenging financial times.
  • Anticipate the impact of new expanse.
Read full review
  • RStudio does an excellent job providing a clean user interface for R or Shiny applications
  • RStudio integrates natively with version control software
  • Users can program with either R or Python
  • RStudio has a command line built in, eliminating the need for a separate program for a REPL
Read full review
Cons
  • Potential very high costs
  • Predicting ongoing running costs
  • Very product focused
Read full review
  • Ability to scale across the company is limited based on the users license, cannot share a dashboard to the general view of the company.
  • Ability to retain session - not simple method to customize view per user (e.g., once session is ended, the users will return next time to the baseline view).
  • Ability to enable communication between multiple users - leave notes, tag other users, or share specific view.
Read full review
Likelihood to Renew
No answers on this topic
There is no other platform that meets our needs. Even if it was terrible we would still use it but fortunately for us it is a very solid project with a great support team. I hope in the future to expand our use and get more licences as well as upgrade to RStudio workbench but for now we are very happy.
Read full review
Usability
No answers on this topic
For someone who learns how to use the software and picks up on the "language" of R, it's very easy to use. For beginners, it can be hard and might require a course, as well as the appropriate statistical training to understand what packages to use and when
Read full review
Reliability and Availability
No answers on this topic
RStudio is very available and cheap to use. It needs to be updated every once in a while, but the updates tend to be quick and they do not hinder my ability to make progress. I have not experienced any RStudio outages, and I have used the application quite a bit for a variety of statistical analyses
Read full review
Support Rating
No answers on this topic
Since R is trendy among statisticians, you can find lots of help from the data science/ stats communities. If you need help with anything related to RStudio or R, google it or search on StackOverflow, you might easily find the solution that you are looking for.
Read full review
Implementation Rating
No answers on this topic
We did it at the individual level: anyone willing to code in R can use it. No real deployment involved.
Read full review
Alternatives Considered
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.
Read full review
RStudio was provided as the most customizable. It was also strictly the most feature-rich as far as enabling our organization to script, run, and make use of R open-source packages in our data analysis workstreams. It also provided some support for python, which was useful when we had R heavy code with some python threaded in. Overall we picked Rstudio for the features it provided for our data analysis needs and the ability to interface with our existing resources.
Read full review
Scalability
No answers on this topic
I think that RStudio scales pretty well based on the size of the datasets I'm using. It has multithreading capabilities unlike some other statistical analysis programs which is very useful in cutting down on time. The format of RStudio's syntax also makes it very easy to replicate regardless off the scale of the analysis and data set
Read full review
Return on Investment
  • Insights have been available much more quickly and well designed manner
  • Integration with other tools has been flawless
Read full review
  • Using it for data science in a very big and old company, the most positive impact, from my point of view, has been the ability of spreading data culture across the group. Shortening the path from data to value.
  • Still it's hard to quantify economic benefits, we are struggling and it's a great point of attention, since splitting out the contribution of the single aspects of a project (and getting the RStudio pie) is complicated.
  • What is sure is that, in the long run, RStudio is boosting productivity and making the process in which is embedded more efficient (cost reduction).
Read full review
ScreenShots

Posit Screenshots

Screenshot of Posit runs on most desktops or on a server and accessed over the webScreenshot of Posit supports authoring HTML, PDF, Word Documents, and slide showsScreenshot of Posit supports interactive graphics with Shiny and ggvisScreenshot of Shiny combines the computational power of R with the interactivity of the modern webScreenshot of Remote Interactive Sessions: Start R and Python processes from Posit Workbench within various systems such as Kubernetes and SLURM with Launcher.Screenshot of Jupyter: Author and edit Python code with Jupyter using the same Posit Workbench infrastructure.