8,642 research outputs found
Review of automated time series forecasting pipelines
Time series forecasting is fundamental for various use cases in different domains such as energy systems and economics. Creating a forecasting model for a specific use case requires an iterative and complex design process. The typical design process includes the five sections (1) data pre-processing, (2) feature engineering, (3) hyperparameter optimization, (4) forecasting method selection, and (5) forecast ensembling, which are commonly organized in a pipeline structure. One promising approach to handle the ever-growing demand for time series forecasts is automating this design process. The present paper, thus, analyzes the existing literature on automated time series forecasting pipelines to investigate how to automate the design process of forecasting models. Thereby, we consider both Automated Machine Learning (AutoML) and automated statistical forecasting methods in a single forecasting pipeline. For this purpose, we firstly present and compare the proposed automation methods for each pipeline section. Secondly, we analyze the automation methods regarding their interaction, combination, and coverage of the five pipeline sections. For both, we discuss the literature, identify problems, give recommendations, and suggest future research. This review reveals that the majority of papers only cover two or three of the five pipeline sections. We conclude that future research has to holistically consider the automation of the forecasting pipeline to enable the large-scale application of time series forecasting
Review of automated time series forecasting pipelines
Time series forecasting is fundamental for various use cases in different
domains such as energy systems and economics. Creating a forecasting model for
a specific use case requires an iterative and complex design process. The
typical design process includes the five sections (1) data pre-processing, (2)
feature engineering, (3) hyperparameter optimization, (4) forecasting method
selection, and (5) forecast ensembling, which are commonly organized in a
pipeline structure. One promising approach to handle the ever-growing demand
for time series forecasts is automating this design process. The present paper,
thus, analyzes the existing literature on automated time series forecasting
pipelines to investigate how to automate the design process of forecasting
models. Thereby, we consider both Automated Machine Learning (AutoML) and
automated statistical forecasting methods in a single forecasting pipeline. For
this purpose, we firstly present and compare the proposed automation methods
for each pipeline section. Secondly, we analyze the automation methods
regarding their interaction, combination, and coverage of the five pipeline
sections. For both, we discuss the literature, identify problems, give
recommendations, and suggest future research. This review reveals that the
majority of papers only cover two or three of the five pipeline sections. We
conclude that future research has to holistically consider the automation of
the forecasting pipeline to enable the large-scale application of time series
forecasting
Data Augmentation for Time-Series Classification: An Extensive Empirical Study and Comprehensive Survey
Data Augmentation (DA) has emerged as an indispensable strategy in Time
Series Classification (TSC), primarily due to its capacity to amplify training
samples, thereby bolstering model robustness, diversifying datasets, and
curtailing overfitting. However, the current landscape of DA in TSC is plagued
with fragmented literature reviews, nebulous methodological taxonomies,
inadequate evaluative measures, and a dearth of accessible, user-oriented
tools. In light of these challenges, this study embarks on an exhaustive
dissection of DA methodologies within the TSC realm. Our initial approach
involved an extensive literature review spanning a decade, revealing that
contemporary surveys scarcely capture the breadth of advancements in DA for
TSC, prompting us to meticulously analyze over 100 scholarly articles to
distill more than 60 unique DA techniques. This rigorous analysis precipitated
the formulation of a novel taxonomy, purpose-built for the intricacies of DA in
TSC, categorizing techniques into five principal echelons:
Transformation-Based, Pattern-Based, Generative, Decomposition-Based, and
Automated Data Augmentation. Our taxonomy promises to serve as a robust
navigational aid for scholars, offering clarity and direction in method
selection. Addressing the conspicuous absence of holistic evaluations for
prevalent DA techniques, we executed an all-encompassing empirical assessment,
wherein upwards of 15 DA strategies were subjected to scrutiny across 8 UCR
time-series datasets, employing ResNet and a multi-faceted evaluation paradigm
encompassing Accuracy, Method Ranking, and Residual Analysis, yielding a
benchmark accuracy of 88.94 +- 11.83%. Our investigation underscored the
inconsistent efficacies of DA techniques, with..
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Hydrologic verification: A call for action and collaboration
Traditionally, little attention has been focused on the systematic verification of operational hydrologic forecasts. This paper summarizes the results of forecasts verification from 15 river basins in the United States. The verification scores for these forecast locations do not show improvement over the periods of record despite a number of forecast process improvements. In considering a root cause for these results, the authors note that the current paradigm for designing hydrologic forecast process improvements is driven by expert opinion and not by objective verification measures. The authors suggest that this paradigm should be modified and objective verification metrics should become the primary driver for hydrologic forecast process improvements. ©2007 American Meteorological Society
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