About Automatic Forecasting Systems
Autobox was the first-to-market forecasting software and picked as the best dedicated forecasting software in the "Principles of Forecasting" textbook and now website. Autobox was the best performing automated software in the 2008 Neural Network Forecasting Competition! Instead of using a pick best approach Autobox automatically builds the model (univariate and multivariate) all while identifying and incorporating any interventions. It selects the best lead/lag structures for each input series and corrects for omitted variables (holidays or price changes that have affected the historical data, but that the system has no knowledge of) by identifying pulses, seasonal pulses, level shifts and local time trends, and then adding the needed structure through surrogate variables. Handles daily data specific issues like day of the week, week of the year, and day of the month effects. Specialties Forecasting Modeling Time Series, Historical Data Cleansing, Identify Causality/Drivers, Early Warn
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