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SAS Forecast Studio
SAS Forecast Studio is the client component of SAS Forecast Server, which is an example of the SAS analytics products that use the SAS Intelligence Platform. SAS Forecast Server is a large-scale, automatic forecasting solution that enables organizations to produce huge quantities of high-quality forecasts quickly and automatically. SAS Forecast Studio provides a graphical interface (based on Java) to the forecasting and time series analysis procedures contained in SAS High-Performance Forecasting and SAS/ETS software.
SAS High-Performance Forecasting automatically selects the appropriate model for each item being forecast, based on user-defined criteria. Holdout samples can be specified so that models are selected not only by how well they fit past data but by how appropriate they are for predicting the future. If the best forecasting model for each item is unknown or the models are outdated, a maximum level of automation can be chosen in which all three forecasting steps (model selection, parameter estimation, and forecast generation) are performed. If suitable models have been determined, you can keep the current models and reestimate the model parameters and generate forecasts. For maximum processing speed, you can keep previously selected models and parameters and choose to simply generate the forecasts.
For more information, see the SAS High-Performance Forecasting: User's Guide and the SAS/ETS User's Guide.
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