What is Prophet?
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 a tool in the Forecasting category of a tech stack.
Prophet is an open source tool with GitHub stars and GitHub forks. Here’s a link to Prophet's open source repository on GitHub
Who uses Prophet?
8 companies reportedly use Prophet in their tech stacks, including Facebook, Labs, and Marketing Tech.
49 developers on StackShare have stated that they use Prophet.
Pros of Prophet
Prophet Alternatives & Comparisons
What are some alternatives to Prophet?
Oracle Database is an RDBMS. An RDBMS that implements object-oriented features such as user-defined types, inheritance, and polymorphism is called an object-relational database management system (ORDBMS). Oracle Database has extended the relational model to an object-relational model, making it possible to store complex business models in a relational database.
This API currently provides forecasting for timeseries data that you can test below. You can use it to forecast energy comsuption, temperature, or any other timeseries data which has some seasonality effect.