forecasting

In: Artificial Intelligence

This post is co-written with Kilian Zimmerer and Daniel Ringler from Deutsche Bahn. Every day, Deutsche Bahn (DB) moves over 6.6 million passengers across Germany, requiring precise time series forecasting for a wide range of purposes. However, building accurate forecasting models traditionally required significant expertise and weeks of development time.Continue Reading

In: Artificial Intelligence

Time series forecasting is critical for decision-making across industries. From predicting traffic flow to sales forecasting, accurate predictions enable organizations to make informed decisions, mitigate risks, and allocate resources efficiently. However, traditional machine learning approaches often require extensive data-specific tuning and model customization, resulting in lengthy and resource-heavy development. EnterContinue Reading

In: Artificial Intelligence

Businesses today deal with a reality that is increasingly complex and volatile. Companies across retail, manufacturing, healthcare, and other sectors face pressing challenges in accurate planning and forecasting. Predicting future inventory needs, setting achievable strategic goals, and budgeting effectively involve grappling with ever-changing consumer demand and global market forces. InventoryContinue Reading

In: Artificial Intelligence

Chronos-Bolt is the newest addition to AutoGluon-TimeSeries, delivering accurate zero-shot forecasting up to 250 times faster than the original Chronos models [1]. Time series forecasting plays a vital role in guiding key business decisions across industries such as retail, energy, finance, and healthcare. Traditionally, forecasting has relied on statistical modelsContinue Reading