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SAS Visual ForecastingSAS

SAS Visual Forecasting enables businesses to model, forecast, and simulate processes using advanced econometric and time series analysis. It helps in strategic planning, demand forecasting, and optimizing marketing efforts by analyzing the impact of various factors.

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Vendor

SAS

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Company Website

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Product details

Streamline & automate your forecasting process

Automatically perform data transformation, feature generation, visualization, modeling and deployment of reliable forecasts at scale. Enhance your productivity by using a collaborative platform where forecasters can develop reusable assets and share them with other areas of the business.

Produce accurate forecasts at scale for better planning

Develop customizable pipelines for each level of your hierarchy or segment, and apply the most effective modeling technique to each group using time series, machine learning and hybrid techniques. Apply ensemble modeling strategies and use interactive modeling to improve your forecasts further.

Empower open source users

Incorporate and scale popular forecasting algorithms in Python and R by distributing them to run in parallel in the cloud, in a governed and consistent way. Easily reuse open source forecasting algorithms in all business areas by creating custom nodes to embed in your forecasting pipelines.

Incorporate external drivers & business knowledge

Easily incorporate business drivers, holidays and events, or develop custom ones. Use your business knowledge to create and manage overrides based on time series and modeling attributes to improve forecast accuracy further. Manage changes based on specific filters you define as part of the same ecosystem.

Key features

SAS Visual Forecasting provides an open forecasting ecosystem for quickly and automatically producing a large number of reliable forecasts.

Data access, preparation & quality

Access, profile, cleanse, transform and manage your data using an intuitive interface that provides self-service data preparation and governance capabilities with embedded best practices and automations.

Data visualization

Visually explore data and create and share smart visualizations and interactive reports through a single, self-service interface. Perform goal seeking and scenario analysis in a fast and simple way. Augmented analytics and advanced capabilities accelerate insights and help you uncover stories hidden in your data​.

Automatic time series analysis & forecasting

Analyze your time series in depth using automated capabilities or function packages, and easily convert time-stamped transactional data into a time series format to generate forecast models automatically.

Machine learning & deep learning

Incorporate machine learning (ML), neural networks (NNs), recurrent neural networks (RNNs) and hybrid techniques (NNs + time series) in the forecasting process to model even the most challenging series. Automatically generate features and transform transactional data into the right format to eliminate manual, labor-intensive feature engineering prior to using these sophisticated techniques.

Hierarchical modeling & reconciliation

Develop customizable pipelines to enable in-depth analysis and modeling at each hierarchical level. Then your forecasts will be automatically reconciled across all levels, by apportioning the changes as needed to maintain consistency throughout the hierarchy.

Open source integration

Integrate and parallelize Python or R code and algorithms to run in the cloud using a well-governed, consistent framework. Empower open source users to scale their code to run fast in a distributed manner using SAS Viya’s worker nodes in the cloud. Easily reuse open source forecasting algorithms in all business areas by creating custom nodes you can embed in your forecasting pipelines and share with colleagues.

Time-series segmentation

Automatically segment data based on demand-classification attributes, such as volume and volatility, using a prebuilt template to model each segment separately in the project pipelines. Or import custom-defined segments based on your business knowledge. Apply the most appropriate forecasting technique based on the nature of the data to improve forecast quality significantly.

Events management

Model the effect of events such as holidays, retail promotions, and natural disasters on dependent time series to improve model accuracy. The solution includes default prebuilt events like major holidays and an intuitive UI for developing custom ones.

Interactive & ensemble modeling

Analyze individual time series, compare models visually and develop custom models for individual time series via a simple user interface. Assess and evaluate models with automatically generated diagnostic plots and tables, and select your own model champions. Develop forecasting pipelines using different modeling strategies and use ensemble modeling to always select the best-performing model for each series.

Highly flexible forecast override

Make customized adjustments to forecast values using a powerful manual override capability via a simple UI. Define specific filters to select groups of time series defined by attributes that are not limited to just the hierarchical variable.

Additional forecasting & econometrics procedures

Address virtually any forecasting and time series analysis challenge with access to SAS/ETS® and the SAS Forecast Server procedures.

Distributed, accessible, cloud-native

Runs on SAS Viya’s fast, scalable and distributed in-memory engine. Call SAS actions and procedures from SAS, Python, R and Java. Use public REST APIs to add SAS data and AI capabilities to other applications or vice versa.

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