SAS® High-Performance Forecasting
Produce millions of high-quality forecasts quickly and automatically to improve planning and decision making
Features
Data preparation
- Aggregates transactional data into time series format.
- Takes care of missing values.
- Accumulates data into any frequency time series.
Sophisticated modeling techniques
- Automatic outlier detection.
- Trend analysis.
- Optimized model parameters.
- By-group processing for flexible forecasting hierarchies.
- Seasonality and intermittent series tests.
- Handles zero-padded data (leading or trailing zeros recorded in the data).
- Extensible model repository.
- Predefined as well as customizable holiday and calendar event definitions.
- Automatic indicator variable creation.
- Reconciliation of hierarchical forecasts.
Automatic model selection
- Seasonal and non-seasonal exponential smoothing models.
- ARIMAX models.
- Intermittent demand models.
- Unobserved components models.
- User-defined models.
- Automatic variable transformations (log, square root, logistic, Box-Cox).
- Model selection based on performance in a holdout sample region (optional).
- Several goodness-of-fit statistics and overall performance metrics.
- Automatic regressor and event selection and model specification. Determines whether lagged and/or dynamic relationships are present.
- Automatic generation of model selection lists.
- Choice of automation level for all three forecasting steps: model selection, model parameter estimation and forecast generation.
Customized output and reports
- Output produced in several popular formats: HTML, PDF, Microsoft Word, etc.
- SAS ODS graphics (experimental).
- Several output data sets available, including forecasts, goodness-of-fit statistics, model parameters, seasonal and trend statistics, and more.
Superior scalability
- Runtime is linear with the number of forecasts.
- No limit on the amount of historical data or forecast horizon.
- No limit on the number of events or regressors.
Download the complete SAS High-Performance Forecasting Fact Sheet.
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