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Friday, March 03, 2017

Facebook Releases Open Source Prophet

Doing time series forecasting well is important to every business.  Good to see this open sourcing underway by the Facebook Incubator.    Though the history of Facebook and the nature of its data has always made me worried about privacy

" .. Prophet is a procedure for forecasting time series data. It is based on an additive model where non-linear trends are fit with yearly and weekly seasonality, plus holidays. It works best with daily periodicity data with at least one year of historical data. Prophet is robust to missing data, shifts in the trend, and large outliers.

Prophet is open source software released by Facebook’s Core Data Science team. It is available for download on CRAN and PyPI. ... " 

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