[86/100] #100DaysOfCloud Today, I predicted future power consumption based on time series data uploaded to S3 in form of csv file using Forecast.
Amazon Forecast is a time-series forecasting service based on machine learning (ML) and built for business metrics analysis.
Use cases:
- Retail and inventory forecasting
- Reduce waste, increase inventory turns, and improve in-stock availability by forecasting product demand at specific probability levels
- Workforce planning
- Forecast workforce staffing at 15-minute increments to optimize for high and low demand periods
- Travel demand forecasting
- Forecast foot traffic, visitor counts, and channel demand to more efficiently manage operating costs
You can try do it by yourself by following the steps from the link below: GitHub
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