Amazon Forecast
Amazon Forecast is an AWS AI/ML service designed to increase forecast accuracy using machine learning. It helps users predict future trends by analyzing historical data. The service is available with a free trial option, allowing teams to test its capabilities without immediate financial commitment. This makes it accessible for initial experimentation and proof-of-concept development within cloud infrastructure projects.
Choose this service when you need improved predictive accuracy for time-series data. Be aware that while a free trial exists, actual usage costs start from $0.0880 per GB. This pricing model means that large-scale data processing can quickly accumulate charges, so monitor your consumption carefully to avoid unexpected expenses after the trial period ends.
Pricing Tiers 5
| Tier / Plan | Price | Unit | Region |
|---|---|---|---|
| USE1-DataInjection | $0.0880 | per GB | us-east-1 |
| USE1-ForecastDataPoints | $0.2000 | Forecast Data Points in Thousands | us-east-1 |
| USE1-TrainingHours | $0.2400 | Training Hour | us-east-1 |
| USE1-Forecasts | $0.6000 | Forecast | us-east-1 |
| USE1-Explanations | $2.00 | Explanations in Thousands | us-east-1 |
Prices in USD. Micro-prices are quoted per 1M units; "< $0.000001" marks rates below our stored precision. Subject to change — check the provider's official page for current rates.