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Make accurate time series predictions with powerful pretrained foundation models! You don’t need to spend weeks—or even months—coding and training your own models for time series forecasting. Time Series Forecasting Using Foundation Models shows you how to make accurate predictions using flexible pretrained models. In Time Series Forecasting Using Foundation Models you will discover: The inner workings of large time models Zero-shot forecasting on custom datasets Fine-tuning foundation forecasting models Evaluating large time models Time Series Forecasting Using Foundation Models teaches you how to do efficient forecasting using powerful time series models that have already been pretrained on billions of data points. You’ll appreciate the hands-on examples that show you what you can accomplish with these amazing models. Along the way, you’ll learn how time series foundation models work, how to fine-tune them, and how to use them with your own data. About the Technology Time-series forecasting is the art of analyzing historical, time-stamped data to predict future outcomes. Foundational time series models like TimeGPT and Chronos, pre-trained on billions of data points, can now effectively augment or replace painstakingly-built custom time-series models. About the Book Time Series Forecasting Using Foundation Models explores the architecture of large time models and shows you how to use them to generate fast, accurate predictions. You’ll learn to fine-tune time models on your own data, execute zero-shot probabilistic forecasting, point forecasting, and more. You’ll even find out how to reprogram an LLM into a time series forecaster—all following examples that will run on an ordinary laptop. What's Inside How large time models work Zero-shot forecasting on custom datasets Fine-tuning and evaluating foundation models About the Reader For data scientists and machine learning engineers familiar with the basics of time series forecasting theory. Examples in Python. About the Author Marco Peixeiro builds cutting-edge open-source forecasting Python libraries at Nixtla. He is the author of Time Series Forecasting in Python. Quotes Clear and hands-on, featuring both theory and easy-to-follow examples. - Eryk Lewinson, Author of Python for Finance Cookbook Bridges the gap between classical forecasting methods and the new developments in the foundational models. A fantastic resource. - Juan Orduz, PyMC Labs A foundational guide to forecasting’s next chapter. - Tyler Blume, daybreak An immensely practical introduction to forecasting using foundation models. - Stephan Kolassa, SAP Switzerland

We talked about:

Juan’s background Typical problems in marketing that are solved with ML Attribution model Media Mix Model – detecting uplift and channel saturation Changes to privacy regulations and its effect on user tracking User retention and churn prevention A/B testing to detect uplift Statistical approach vs machine learning (setting a benchmark) Does retraining MMM models often improve efficiency? Attribution model baselines Choosing a decay rate for channels (Bayesian linear regression) Learning resource suggestions Bayesian approach vs Frequentist approach Suggestions for creating a marketing department Most challenging problems in marketing The importance of knowing marketing domain knowledge for data scientists Juan’s blog and other learning resources Finding Juan online

Links: 

Juan's PyData talk on uplift modeling: https://youtube.com/watch?v=VWjsi-5yc3w Juan's website: https://juanitorduz.github.io Introduction to Algorithmic Marketing book: https://algorithmic-marketing.online Preventing churn like a bandit: https://www.youtube.com/watch?v=n1uqeBNUlRM

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