TrustRadius

Amazon Forecast vs. Amazon Textract

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
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
Amazon Textract
Score 9.9 out of 10
N/A
Amazon Textract uses machine learning to instantly “read” virtually any type of document to accurately extract text and data without the need for any manual effort or custom code.
$0.60
Per 1,000 Pages
Pricing
Amazon ForecastAmazon Textract
Editions & Modules
No answers on this topic
Over 1 Million Pages
$0.60
Per 1,000 Pages
First 1 Million Pages
$1.50
Per 1,000 Pages
Offerings
Pricing Offerings
Amazon ForecastAmazon Textract
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
Amazon ForecastAmazon Textract
Best Alternatives
Amazon ForecastAmazon Textract
Small Businesses
Jupyter Notebook
Jupyter Notebook
Score 8.6 out of 10
Jupyter Notebook
Jupyter Notebook
Score 8.6 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
Amazon ForecastAmazon Textract
Likelihood to Recommend
8.9
(5 ratings)
-
(0 ratings)
User Testimonials
Amazon ForecastAmazon Textract
Likelihood to Recommend
Amazon AWS
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.
Srinivasan V Iyer | TrustRadius Reviewer
Srinivasan V Iyer
Senior Security Analyst
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Amazon AWS
No answers on this topic
Pros
Amazon AWS
  • Built-in datasets
  • Accuracy
  • Machine learning
Verified User
Anonymous
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Amazon AWS
No answers on this topic
Cons
Amazon AWS
  • Not easy for beginners as it requires insights to set the forecast
  • Much more expensive if considered for small businesses
VD
Varun Dhingra
Team Lead
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Amazon AWS
No answers on this topic
Alternatives Considered
Amazon AWS
Cost-effective and user-friendly.
Verified User
Anonymous
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Amazon AWS
No answers on this topic
Return on Investment
Amazon AWS
  • Helped in planning the resources required.
  • ML and AI delivered near perfect forecasts.
  • Features and the details available for the cost is not enough.
Srinivasan V Iyer | TrustRadius Reviewer
Srinivasan V Iyer
Senior Security Analyst
Read full review
Amazon AWS
No answers on this topic
ScreenShots