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Published in

De Gruyter, Information Technology, 3-4(62), p. 157-168, 2020

DOI: 10.1515/itit-2019-0035

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Feature-aware forecasting of large-scale time series data sets

Journal article published in 2020 by Claudio Hartmann ORCID, Lars Kegel, Wolfgang Lehner ORCID
Distributing this paper is prohibited by the publisher
Distributing this paper is prohibited by the publisher

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Abstract

Abstract The Internet of Things (IoT) sparks a revolution in time series forecasting. Traditional techniques forecast time series individually, which becomes unfeasible when the focus changes to thousands of time series exhibiting anomalies like noise and missing values. This work presents CSAR, a technique forecasting a set of time series with only one model, and a feature-aware partitioning applying CSAR on subsets of similar time series. These techniques provide accurate forecasts a hundred times faster than traditional techniques, preparing forecasting for the arising challenges of the IoT era.