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TimeGPT foundation model for forecasting, plus open-source libraries
Updated
Nixtla offers TimeGPT, a foundation model for time series forecasting and anomaly detection that is accessed through an API and a Python SDK. It also maintains open-source forecasting libraries covering statistical, machine learning, neural, hierarchical and distributed methods.
You send historical series to the TimeGPT API or Python SDK and receive forecasts or anomaly flags. Options such as prediction intervals, exogenous variables and fine-tuning are added as needed. Teams that prefer to self-manage can use Nixtla's open-source libraries instead.
Data scientists, analysts and engineers who forecast demand, operations or metrics and want a pretrained model rather than building one per series.
The vendor homepage does not list prices. Accounts start with a 30-day free trial per third-party listings, and enterprise subscription plans are customized by API limits, seats and support. The open-source libraries are free.
Prophet and statsmodels are open-source forecasting libraries, Amazon Forecast is a managed AWS service, and Datadog and Anodot offer anomaly detection for monitoring.
Pricing Model
FREEMIUM
Starting Price
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Free Options
Free version, Free trial
| Feature | Open source | Custom |
|---|---|---|
| Free forecasting libraries | , | |
| TimeGPT API access | , | |
| Custom API limits and seats | , | |
| 30-day free trial per third-party listings | , |
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