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Facebook Prophet Model

Nirr3Nirr3 Member Posts: 8 Contributor II
edited March 2020 in Product Ideas
Hello,

I was hoping you could add the Facebook prophet model to the RapidMiner platform. It is one of the leading time series models as demonstrated by the Dominos presentation at wisdom 2020

https://rapidminer.com/resource/overcoming-the-computational-demand-of-time-series-scaling-r-based-demand-forecasting-with-rapidminer/
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IC-1806

Comments

  • Pavithra_RaoPavithra_Rao Employee-RapidMiner, RapidMiner Certified Analyst, RapidMiner Certified Expert, Member Posts: 123 RM Data Scientist
    Looping in @David_A and @FabianTe for their inputs here
  • David_ADavid_A Administrator, Moderator, Employee-RapidMiner, RMResearcher, Member Posts: 297 RM Research
    Hi @Nirr3 ,

    thanks for the feedback. The prophet library is definitely a very promising for forecasting.
    At the moment Facebook offers the library only in Python and R, with the underlying algorithm written in Stan (https://en.wikipedia.org/wiki/Stan_(software)). We need to investigate ow feasible a native integration to RapidMiner is.

    My suggesting is, to try out the Python version, as it might run slightly faster than the R one, especially on RapidMiner server.

    Best,
    David
  • Nirr3Nirr3 Member Posts: 8 Contributor II
    @David_A yes. We use it today in Python, so I am familiar. Would just be really nice to have it as an operator instead :)
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