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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

Amazon Forecast is an entirely managed service that employs machine learning techniques to provide exceptionally precise predictions. In the contemporary business landscape, organizations utilize a range of tools, from basic spreadsheets to intricate financial planning applications, in their quest to accurately project future outcomes such as product demand, resource allocation, and overall financial results. These forecasting tools generate predictions by analyzing historical data known as time series data. For instance, they might estimate future demand for raincoats based solely on past sales figures, operating under the premise that future performance will mirror historical trends. However, this methodology can falter when tasked with managing extensive datasets that exhibit irregular patterns. Moreover, it often struggles to seamlessly integrate evolving data streams—like pricing, discounts, web traffic, and workforce numbers—with pertinent independent variables, such as product specifications and retail locations. As a result, businesses seeking reliable forecasts may find themselves facing significant challenges in adapting to the complexities of their data.

Description

FUTURE® stands as the first truly versatile forecasting system for oil and gas production on a global scale. This innovative platform can execute comprehensive integrated asset model calculations for extensive systems within mere minutes, utilizing daily time-steps essential for short-term predictions. By consolidating various overlapping software tools—such as the DCA application, IAM software, business planning spreadsheets, and STPF systems—FUTURE® provides a unified solution. Users can efficiently manage all forecasting-related tasks through a single interface, encompassing long-term forecasting for business planning and reserves, medium-term forecasting for development planning and addressing bottlenecks, as well as short-term forecasting crucial for production operations. This streamlining of processes not only enhances efficiency but also minimizes the complexity typically associated with multiple software systems.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

AWS AI Services Yes 
AWS App Mesh Yes 
Amazon S3 Yes 

Integrations

AWS AI Services No 
AWS App Mesh No 
Amazon S3 No 

Pricing Details

No price information available.
Free Trial Yes 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based No 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Amazon

Founded

1994

Country

United States

Website

aws.amazon.com/forecast/

Vendor Details

Company Name

Serafim

Website

www.serafimltd.com

Product Features

Sales Forecasting

Competitor Analysis Yes 
Correlation Analysis Yes 
Dashboard Yes 
Dynamic Modeling No 
Exception Reporting Yes 
Graphical Data Presentation Yes 
Modeling & Simulation Yes 
Performance Metrics No 
Sales Trend Analysis Yes 
Statistical Analysis Yes 

Product Features

Oil and Gas

Compliance Management No 
Equipment Management No 
Inventory Management No 
Job Costing No 
Logistics Management No 
Maintenance Management No 
Material Management No 
Project Management No 
Resource Management Yes 
Scheduling Yes 
Work Order Management No 

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