Amazon Forecast vs. Oracle Machine Learning

Overview
ProductRatingMost Used ByProduct SummaryStarting 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
Oracle Machine Learning
Score 8.0 out of 10
N/A
Oracle Machine Learning (formerly Oracle Advanced Analytics) combines the Oracle database with Oracle Data Miner and SQL as well as R programming language functionality, providing a complete predictive analytics suite.N/A
Pricing
Amazon ForecastOracle Machine Learning
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Amazon ForecastOracle Machine Learning
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
Best Alternatives
Amazon ForecastOracle Machine Learning
Small Businesses
IBM SPSS Modeler
IBM SPSS Modeler
Score 7.8 out of 10
IBM SPSS Modeler
IBM SPSS Modeler
Score 7.8 out of 10
Medium-sized Companies
Posit
Posit
Score 9.1 out of 10
Posit
Posit
Score 9.1 out of 10
Enterprises
IBM SPSS Modeler
IBM SPSS Modeler
Score 7.8 out of 10
IBM SPSS Modeler
IBM SPSS Modeler
Score 7.8 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Amazon ForecastOracle Machine Learning
Likelihood to Recommend
8.6
(5 ratings)
8.0
(10 ratings)
User Testimonials
Amazon ForecastOracle Machine Learning
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.
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Oracle
OAC doesn't require software to be installed since it is browser based. This allows for easier deployment since a local client software is not required to be installed for each user. OAC can be used for the casual light user who mainly consumes data to the power user who can created sophisticated dashboard with advanced analytics. OAC is not meant to replace Essbase reporting.
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Pros
Amazon AWS
  • Built-in datasets
  • Accuracy
  • Machine learning
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Oracle
  • Analyzing heaps of data dumped into the machine learning tool.
  • Giving the researcher an insight on which direction to proceed in order to get the desired results.
  • Can help perform a functional analysis before doing a deep dive.
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Cons
Amazon AWS
  • Not easy for beginners as it requires insights to set the forecast
  • Much more expensive if considered for small businesses
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Oracle
  • As mentioned by others the formatting of reports constantly has issues
  • Once your initial contract terms are up be prepared for a significant increase
  • Pricing needs to be inline with what other competitors are offering
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Alternatives Considered
Amazon AWS
Cost-effective and user-friendly.
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Oracle
Sorry this product was not selected by me, but was a legacy install that was upgraded. I see the value in the product, however, I was not involved in the selection process.
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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.
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Oracle
  • Our ROI has been great since we have been able to get a birdseye view of our business operations.
  • Shows your areas within your company that needs attention and improvements.
  • Oracle has had a positive impact on all of our business objectives since it provides a clear view of your business operations.
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ScreenShots