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Prophet: forecasting at scale

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Re: Prophet: forecasting at scale

#22

We at https://yoghurt.io/ have been working towards similar forecasting solution. So far the feedback has been that automated solutions can also bring good results at a far lesser cost compared to hiring an expert analyst. Its a completely managed solution. No need to setup anything yourself.Just upload the data and predict next week's data, today itself. There is a free trial and if anyone here is looking for an ext…

your website is very sparse on details - any examples/demos?

Example: Like you want to predict the app downloads of your website coming week. Just upload the data in time series format against the date and app downloads from last 30 weeks. It will return the next 7 days predicted app downloads along with the analytical confidence. It can predict any KPI like visitors, app downloads, conversion etc. Just signup and start predicting.

Re: Prophet: forecasting at scale

#23

Are there any startups/services where you pass it a series and it returns forecast models? That's something I'd be willing to pay for.

You can try https://yoghurt.io/. Its fully managed platform and no need to setup anything yourself. Example: Like you want to predict the app downloads of your website coming week. Just upload the data in time series format against the date and app downloads from last 30 weeks. It will return the next 7 days predicted app downloads along with the analytical confidence. It can predict any KPI like visitors, app downloads, conversion etc. Just signup and start predicting.

Re: Prophet: forecasting at scale

#24

Are there any startups/services where you pass it a series and it returns forecast models? That's something I'd be willing to pay for.

You can try https://yoghurt.io/ . Its fully managed platform and no need to setup anything yourself. Example: Like you want to predict the app downloads of your website coming week. Just upload the data in time series format against the date and app downloads from last 30 weeks. It will return the next 7 days predicted app downloads along with the analytical confidence. It can predict any KPI like visitors, app downl…

Is it possible for example to send you monthly revenue numbers for my startup for the last two years (24 data points) and have yoghurt predict the next two years of monthly revenue?

Re: Prophet: forecasting at scale

#25

Earlier quoted context omitted.

You can try https://yoghurt.io/ . Its fully managed platform and no need to setup anything yourself. Example: Like you want to predict the app downloads of your website coming week. Just upload the data in time series format against the date and app downloads from last 30 weeks. It will return the next 7 days predicted app downloads along with the analytical confidence. It can predict any KPI like visitors, app downl…

Is it possible for example to send you monthly revenue numbers for my startup for the last two years (24 data points) and have yoghurt predict the next two years of monthly revenue?

If the model is autoregressive you can only forecast N steps ahead. Any further forecasting will be based on these generated near-future forecasts. In English, no. See https://www.youtube.com/watch?v=tJ-O3hk1vRw#t=01h16m

Re: Prophet: forecasting at scale

#26

Earlier quoted context omitted.

You can try https://yoghurt.io/ . Its fully managed platform and no need to setup anything yourself. Example: Like you want to predict the app downloads of your website coming week. Just upload the data in time series format against the date and app downloads from last 30 weeks. It will return the next 7 days predicted app downloads along with the analytical confidence. It can predict any KPI like visitors, app downl…

Is it possible for example to send you monthly revenue numbers for my startup for the last two years (24 data points) and have yoghurt predict the next two years of monthly revenue?

Its very simple to use Yoghurt, just upload the data and rest it does automatically. 24 data points is less to make any accurate prediction. You need more data points. However, Yoghurt currently supports 1 week prediction only and very soon we will be adding prediction upto 1 Month and plus.

Re: Prophet: forecasting at scale

#27

Is there a way to extend these models to handle spatial variation (e.g. weather forecasting, property price estimation etc.) as well?

This would be non-trivial. Consider this paper on marijuana usage where the researchers had to group statistics by adjacent counties in Oregon and Washington in order to control the tests.

https://papers.ssrn.com/sol3/papers2.cfm?abstract_id=2841267

Re: Prophet: forecasting at scale

#29

Earlier quoted context omitted.

Is it possible for example to send you monthly revenue numbers for my startup for the last two years (24 data points) and have yoghurt predict the next two years of monthly revenue?

Its very simple to use Yoghurt, just upload the data and rest it does automatically. 24 data points is less to make any accurate prediction. You need more data points. However, Yoghurt currently supports 1 week prediction only and very soon we will be adding prediction upto 1 Month and plus.

Excuse my ignorance, but how does 1 week fit into the equation? Why does the time scale (x-axis) matter? I.E. if I pass 180 points of revenue (y-axis) does it matter if they were sampled each day or each hour in terms of forecasting?
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