Amazon Forecast vs. Amazon SageMaker

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.

Incentivized

It allows for one-click processes and for things to be auto checked before they are moved through the process but through the system. It also makes training easy. I am able to train users on the basic fundamentals of the tool and how it is used very easily as it is fully managed on its own which is incredible.

Incentivized

• Built-in datasets
• Accuracy
• Machine learning

Incentivized

• Machine Learning at scale by deploying huge amount of training data
• Accelerated data processing for faster outputs and learnings
• Kubernetes integration for containerized deployments
• Creating API endpoints for use by technical users

Incentivized

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

Incentivized

• It's very good for the hardcore programmer, but a little bit complex for a data scientist or new hire who does not have a strong programming background.
• Most of the popular library and ML frameworks are there, but we still have to depend on them for new releases.

Incentivized

Cost-effective and user-friendly.

Incentivized

Amazon SageMaker took the heavy lifting out of building and creating models. It allowed for our organization to use our current system for integration and essentially added on a feature to help all levels of Data scientists and IT professionals in our department and company as a whole. The training was simple as well.

Incentivized

• Helped in planning the resources required.
• ML and AI delivered near perfect forecasts.
• Features and the details available for the cost is not enough.

Incentivized

• We have been able to deliver data products more rapidly because we spend less time building data pipelines and model servers.
• We can prototype more rapidly because it is easy to configure notebooks to access AWS resources.
• For our use-cases, serving models is less expensive with SageMaker than bespoke servers.

Incentivized