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Amazon Forecast Professional, Scientific, and Technical Services Reviews & Insights

Score8.9 out of 10

8 Reviews and Ratings

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Amazon Forecast Reviews

2 Reviews
Professional, Scientific, and Technical ServicesInformation Technology & Services2

For Accurate forecasts of your business

Rating: 8 out of 10
Incentivized

Use Cases and Deployment Scope

Amazon Forecast works very accurately when it comes to AI based analysis of previous data to predict the future possibilities. It is fast and can save tons of data and predict future trends based upon them.

Pros

  • Predictive Analysis of data for future use.
  • Single place to save and access a whole lot of data
  • Very fast and surprisingly accurate

Cons

  • Not easy for beginners as it requires insights to set the forecast
  • Much more expensive if considered for small businesses

Likelihood to Recommend

It can be well suited where data can be integrated from SAP or Oracle or from various spreadsheets and makes it much easier there to have better insights of data.
VD
Varun Dhingra
Team Lead in Customer Service at Telus International (Information Technology & Services, 5001-10,000 employees)
Vetted Review
Amazon Forecast
1 year of experience

Amazon Forecast might be a good solution but comes with a hefty price tag

Rating: 7 out of 10
Incentivized

Use Cases and Deployment Scope

Amazon Forecast is being deployed into the system for us to predict incoming expenses that can be incurred by the usage of the services within the AWS. Helps in resources and operational planning that are very helpful for the determination of the workforce and the resources that might be required in the future.

Pros

  • Ease of use
  • Integration with AWS Services
  • ML and AI for better prediction

Cons

  • High on Cost
  • Lack in customization
  • Limited availability of integration

Likelihood to Recommend

Amazon Forecast is well suited when you are a company that's looking for a simple and effective solution in terms of understanding and predicting your resources planning in the AWS. However, it's also good to know that the cost that is incurred is higher and not suited for anything other than the AWS solutions integrations.
SV
Srinivasan V Iyer
Senior Security Analyst in Information Technology at Radware (Information Technology & Services, 201-500 employees)
Vetted Review
Amazon Forecast
1 year of experience
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