4.7 (26)
3 Weeks
·Cohort-based Course
Get hands-on experience with modern forecasting tools & learn from case studies of the toughest forecasting challenges in the industry
4.7 (26)
3 Weeks
·Cohort-based Course
Get hands-on experience with modern forecasting tools & learn from case studies of the toughest forecasting challenges in the industry
With experience from
Course overview
Learn how to use machine learning techniques for predicting future outcomes in time series to optimize business processes.
The course features practical lessons heavily that we derived from two decades of working on some of the world's hardest forecasting problems at Amazon retail, Zalando and for AWS and its customers. You'll pick up the necessary theory, get hands-on example and learn about the tricks of the forecasting trade.
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Data Scientists who want to go beyond standard ML/AI problems and solve forecasting related business problems
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Business analysts with familiarity in machine learning in industry settings who want to uplevel themselves in a top ML application domain
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Economists and Applied Scientists who want to apply industry-proven modern forecasting techniques
Identify the business problems that can benefit from modern time series forecasting techniques
Apply appropriate forecasting techniques to maximize the effectiveness of your solution
Develop the skills to present results effectively to persuade a non-technical audience
8 interactive live sessions
Lifetime access to course materials
19 in-depth lessons
Direct access to instructor
Projects to apply learnings
Guided feedback & reflection
Private community of peers
Course certificate upon completion
Maven Satisfaction Guarantee
This course is backed by Maven’s guarantee. You can receive a full refund within 14 days after the course ends, provided you meet the completion criteria in our refund policy.
Modern Forecasting in Practice
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4.7 (26 ratings)
Rob Hyndman
Ralf Herbrich
Alex Smola
Director of Engineering, Databricks
is Director of Engineering and Site Lead Berlin for Databricks. Before joining Databricks, he was the Director of Pricing Platform at Zalando SE, where he leads the organization responsible for setting prices for the Zalando wholesale business. This involves forecasting of demand heavily. Prior to Zalando, Tim led the time series science organization for Amazon Web Services’ AI division. His teams built multiple AI services for AWS such as SageMaker, Forecast, Lookout for Metrics, and DevOps Guru, top-tier scientific publications, patents, and open source. Tim is a director at the International Institute of Forecasters, serves as a reviewer for the major ML venues, lectures at TU Munich, and advises start-ups such as WhyLabs.
Software Engineer, Meta
is a software engineer at Meta. Before that, he was principal machine learning scientist at Amazon, where he worked on some of the largest time series prediction problems on the planet. As part of AWS AI Labs, he helped create the technology behind AWS services such as Sagemaker, Amazon Forecast, and Amazon DevOps Guru, and co-created the open-source deep learning forecasting library GluonTS. Before building services for AWS, he worked on a wide range of forecasting and time series analysis problems across Amazon’s businesses, including the massive-scale retail demand forecasting problem, AWS capacity planning, workforce planning, price forecasting, and anomaly detection for cloud resources. Jan holds a Ph.D. in Machine Learning from UCL, has co-authored over 30 scientific articles on time series modeling, served as area chair and reviewer for NeurIPS and other major ML conferences, and has given numerous keynotes, lectures, and tutorials on forecasting.
Join an upcoming cohort
Cohort Q1 2025
$775
Dates
Payment Deadline
4-6 hours per week
Session Timing & Details
12:00pm - 2:00pm EST
We have 5 full sessions each 2h, starting on Monday 4 March, 12pm EST (6pm CET).
Sessions will consist of an engaging mix of presentations, activities and notebooks.
Additional activities
1 hour per week
We'll have office hours, a deep dive with Max Mergenthaler, Nixtla and guest speaker Sercan Arik (Google). Past guest speakers:
Boyd Biersteker
Eva Giannatou
Leonidas Tsaprounis
Active hands-on learning
This course builds on live workshops and hands-on projects
Interactive
You’ll be interacting with other learners through breakout rooms and peer exchange
Learn with a cohort of peers
Join a community of like-minded people who want to learn and grow alongside you
Join an upcoming cohort
Cohort Q1 2025
$775
Dates
Payment Deadline
Session 1: Should your business problem be solved with forecasting?
Understand which & how business processes can be optimized by incorporating (probabilistic) predictions of future outcomes
Differentiate strategic from operational forecasting problems with examples from Zalando and Amazon
Measure & compare the accuracy of different forecasts
Session 2: Forecasting solutions using a small set of time series
Understand the underlying business problem & challenges of the resulting data-constrained forecasting problem
Identify the effects & structural components that make up the data, such as trend(s), seasonality, exexogenous shocks, noise
Identify the appropriate method and tools
Session 3: Forecasting solutions with a large set of time series
Case Study: Retail demand forecasting
Build an intuition for the data via visualization of individual time series and aggregate summaries
Obtain co-variates/features and process them
Use & tune global ML methods such as Gradient Boosted Trees and Neural Networks like DeepAR
Session 4: Forecasting solutions with dependency structures
Case Study: Forecasting with causal inputs
Forecast demand subject to price changes for millions of products
Build what-if analysis using simple and advanced approaches
Evaluate & improve forecasting in counterfactual situations
Session 5: What best practices help you avoid common pitfalls in production?
Practical tactics for forecasting exemplified by labor planning
Productionize forecasting models including retraining schemes
Handle missing data and the associated perils
Research approaches to outliers/extreme events such as blizzards and pandemics
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