Remove resources time-series-forecasting-example
article thumbnail

Build a water consumption forecasting solution for a water utility agency using Amazon Forecast

AWS Machine Learning Blog

Amazon Forecast is a fully managed service that uses machine learning (ML) to generate highly accurate forecasts, without requiring any prior ML experience. You can use Forecast to seamlessly conduct what-if analyses up to 80% faster to analyze and quantify the potential impact of business levers on your demand forecasts.

ML 65
article thumbnail

Understanding the Vast Applications of Time Series Analysis in Machine Learning with Comet

Heartbeat

Time series data, consisting of observations collected or recorded at regular intervals, is a critical data type that holds immense importance in various domains, from finance and healthcare to climate science and industrial processes. What is Time Series Analysis?

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Deep Learning Techniques for Time Series Analysis

Heartbeat

Well, behind the scenes, there are powerful time series analysis techniques at play. The study of data points collected over time to determine trends, patterns, and behaviour is known as time series analysis. Recurrent neural networks (RNNs), are a significant deep learning approach used in time series analysis .

article thumbnail

Monitoring Your Time Series Model in Comet

Heartbeat

In this tutorial, we will go through steps on how to use Comet to monitor our time-series forecasting model. Time Series Models Time series models are a type of statistical model that are used to analyze and make predictions about data that is collected over time.

article thumbnail

Predicting new and existing product sales in semiconductors using Amazon Forecast

AWS Machine Learning Blog

For this engagement, they sought to generate monthly sales forecasts for new and existing products across different material groups and business lines. In this post, we demonstrate how the MLSL and NXP employed Amazon Forecast and other custom models for long-term sales predictions for various NXP products. “We

article thumbnail

Spatial Intelligence: Why GIS Practitioners Should Embrace Machine Learning- How to Get Started.

Towards AI

Spatial analysis and modeling, which entails using a variety of methods and algorithms to analyze spatial data to identify patterns, correlations, and forecasts, is one of the main uses of GIS. For example, it takes millions of images and runs them through a training algorithm. Types of Machine Learning for GIS 1.

article thumbnail

Five Ways AI Can Help States Solve Their Hardest Problems (Part 1): Enhance Crisis Response

DataRobot

Over the course of this blog series, we will address five critical ways that AI can help your state solve its hardest problems—beginning with the most immediate need facing states and localities today: crisis response. Many available forecasts provide less than four weeks notice at the state and county level. reporting backlogs).

AI 98