TrustRadius

AltaML vs. Amazon Forecast

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
AltaML
Score 0.0 out of 10
N/A
AltaML is a developer of AI-powered solutions. Working with organizations that want to leverage their data using artificial intelligence (AI), AltaML develops solutions that help organizations to create operational efficiency, reduce risk, and generate new sources of revenue. Through their understanding of organizational pain points and challenges, AltaML develops solutions that encompass the entire machine learning (ML) life cycle, from evaluating potential use cases and determining…N/A
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
Pricing
AltaMLAmazon Forecast
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
AltaMLAmazon Forecast
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details——
More Pricing Information
Community Pulse
AltaMLAmazon Forecast
Considered Both Products
AltaML

No answer on this topic

Amazon Forecast
Verified User
Anonymous
Chose Amazon Forecast
Cost-effective and user-friendly.
Srinivasan V Iyer | TrustRadius Reviewer
Srinivasan V Iyer
Senior Security Analyst
Chose Amazon Forecast
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 …
Verified User
Anonymous
Chose Amazon Forecast
Amazon Forecast immediately stood out for us during product evaluation due to our tech ops team having significant AWS experience. Having a relatively good understanding of the pricing tiers, environment setup, and an active tech ops team within AWS meant that there was a basic …
Best Alternatives
AltaMLAmazon Forecast
Small Businesses
InterSystems IRIS
InterSystems IRIS
Score 8.1 out of 10
InterSystems IRIS
InterSystems IRIS
Score 8.1 out of 10
Medium-sized Companies
Posit
Posit
Score 10.0 out of 10
Posit
Posit
Score 10.0 out of 10
Enterprises
Posit
Posit
Score 10.0 out of 10
Posit
Posit
Score 10.0 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
AltaMLAmazon Forecast
Likelihood to Recommend
-
(0 ratings)
8.9
(0 ratings)
User Testimonials
AltaMLAmazon Forecast
Likelihood to Recommend
No answers on this topic
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.
Verified User
Anonymous
Read full review
Pros
No answers on this topic
  • Develop benchmarks for use in future forecast.
  • Performs contingency planning during challenging financial times.
  • Anticipate the impact of new expanse.
Verified User
Anonymous
Read full review
Cons
No answers on this topic
  • Potential very high costs
  • Predicting ongoing running costs
  • Very product focused
Verified User
Anonymous
Read full review
Alternatives Considered
No answers on this topic
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.
Srinivasan V Iyer | TrustRadius Reviewer
Srinivasan V Iyer
Senior Security Analyst
Read full review
Return on Investment
No answers on this topic
  • Insights have been available much more quickly and well designed manner
  • Integration with other tools has been flawless
VD
Varun Dhingra
Team Lead
Read full review
ScreenShots