Amazon Forecast vs. OpenAI API

Amazon Forecast

Amazon Forecast

8 Reviews and Ratings

OpenAI API

14 Reviews and Ratings

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
Amazon Forecast	Score 8.6 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
OpenAI API	Score 9.6 out of 10	N/A	OpenAI headquartered in San Francisco, aims to ensure that artificial general intelligence benefits all of humanity. OpenAI’s API provides access to GPT-3, which performs a wide variety of natural language tasks, and Codex, which translates natural language to code.	$0 per 1K tokens

Pricing

Amazon Forecast

OpenAI API

Editions & Modules

No answers on this topic

Ada: $0.0008
per 1K tokens
Babbage: $0.0012
per 1K tokens
Curie: $0.0060
per 1K tokens
Davinci: $0.0600
per 1K tokens

Offerings

Pricing Offerings
Amazon Forecast	OpenAI API
Free Trial
No	No
Free/Freemium Version
No	No
Premium Consulting/Integration Services
No	No

Entry-level Setup Fee

No setup fee

No setup fee

Additional Details

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More Pricing Information

Community Pulse
	Amazon Forecast	OpenAI API
Top Pros	Pro Machine learning Pro Aws services Pro Real time	No answers on this topic
Top Cons	Minus Nothing else Minus Much more expensive Minus Learning models	No answers on this topic

Best Alternatives
	Amazon Forecast	OpenAI API
Small Businesses	IBM SPSS Modeler Score 7.8 out of 10	IBM SPSS Modeler Score 7.8 out of 10
Medium-sized Companies	Posit Score 9.1 out of 10	Posit Score 9.1 out of 10
Enterprises	IBM SPSS Modeler Score 7.8 out of 10	IBM SPSS Modeler Score 7.8 out of 10
All Alternatives	View all alternatives	View all alternatives

User Ratings
	Amazon Forecast	OpenAI API
Likelihood to Recommend	8.6 (5 ratings)	10.0 (1 ratings)

User Testimonials
	Amazon Forecast	OpenAI API
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. Incentivized Srinivasan V Iyer Senior Security Analyst Read full review	OpenAI Evolving own Business. Incentivized Nelson Lopez CEO (Chief Executive Officer) Read full review
Pros	Amazon AWS Built-in datasets Accuracy Machine learning Incentivized Verified User Anonymous Read full review	OpenAI Codes Text Images Sound Incentivized Nelson Lopez CEO (Chief Executive Officer) Read full review
Cons	Amazon AWS Not easy for beginners as it requires insights to set the forecast Much more expensive if considered for small businesses Incentivized VD Varun Dhingra Team Lead Read full review	OpenAI Restrictions are sometimes too strong Incentivized Nelson Lopez CEO (Chief Executive Officer) Read full review
Alternatives Considered	Amazon AWS Cost-effective and user-friendly. Incentivized Verified User Anonymous Read full review	OpenAI Due to in part of difficult situation, OpenAI recognizes me as a researcher and supports my projects. Incentivized Nelson Lopez CEO (Chief Executive Officer) Read full review
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. Incentivized Srinivasan V Iyer Senior Security Analyst Read full review	OpenAI Big question about functionality Incentivized Nelson Lopez CEO (Chief Executive Officer) Read full review
ScreenShots