Amazon Forecast
Amazon Forecast is AWS’s managed machine learning service for demand planning and time-series prediction. It automates the data preparation, model training, and deployment steps required to generate accurate forecasts for inventory, sales, or resource needs. You feed it historical data, and it handles the complex ML pipeline to output predictions, removing the need to build custom forecasting algorithms from scratch.
This fits teams already operating in AWS who want to predict future trends without hiring specialized data scientists. The main trade-off is the pricing structure: while there is a free trial, ongoing usage costs $0.0200 per thousand forecast data points. This per-point billing can become significant for high-volume, granular forecasting tasks, so it’s not a truly free service for sustained, large-scale production use.
- Free tier Yes
- Starting price from $0.0200 Forecast Data Points in Thousands
- Regions 15 · 6 continents
- SLA uptime 99.99%
- Compliance 13 certifications
- Provider health A
Decision score
Computed from catalog breadth, pricing, provider reliability (uptime & SLA), community signal, and ecosystem (compliance & regions). Weighted equally.
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- compute99.99%
- database99.99%
- networking99.99%
- storage99.99%
15 regions across 6 continents
- Africa
- Asia
- Europe
- North America
- Oceania
- South America
Pricing tiers 5
| Tier / Plan | Price | Unit | Region |
|---|---|---|---|
| USE1-ForecastDataPoints | $0.0200 | Forecast Data Points in Thousands | us-east-1 |
| USE1-DataInjection | $0.0880 | per GB | us-east-1 |
| USE1-Explanations | $0.1500 | Explanations in Thousands | us-east-1 |
| USE1-TrainingHours | $0.2400 | Training Hour | us-east-1 |
| USE1-Forecasts | $0.6000 | Forecast | 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.