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Machine Learning (ML) methods have been proposed in the academic literature as alternatives to statistical ones for time series forecasting. Yet, scant evidence is available about their relative performance in terms of accuracy and computational requirements. The purpose of this paper is to evaluate such performance across multiple forecasting horizons using a large subset of 1045 monthly time.

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See the future.Then change it.Drive the next generation ofTechnologiesAnd Solutions.

Disease detection. Noninvasive prenatal screening and testing. Faster and better scientific and medical research. Safe food and water. And the very latest in cannabis analysis and solutions. Imagine impacting all this and more, every day.

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With nearly 13,000 employees worldwide, we pioneer scientific technologies to deliver unique solutions for the diagnostics, life sciences, food, and applied markets. Our areas of expertise include:

Our Areas ofexpertise:Detection

Whether it’s environmental testing for contaminants in groundwater or investigating biological pathways, our powerful detection technologies identify organic or inorganic contaminants, biomarkers, and much more. We offer a comprehensive suite of technologies for analytical sciences, life sciences, and diagnostics. Join Us »about detection technologies at PerkinElmer

Our Areas ofexpertise:Informatics

Our Informatics solutions help customers visualize and analyze data better to gain critical insights. Which, in turn, helps them make better decisions. Using our Informatics helps unify figures and fast-track activities across R&D, translational research and clinical trial operations. And, in the end, that means researchers are able to transform isolated data into stunning discoveries. Join Us »about informatics solutions at PerkinElmer

Our Areas ofexpertise:Imaging

Research scientists can gain significant insights into the complexities of biology and disease with our powerful imaging platforms. Whether it’s cellular or in vivo, our imaging solutions allow for the measurement of microscopic activity. With that information providing rich datasets, we can help streamline and accelerate basic research and drug discovery. Join Us »about imaging platforms at PerkinElmer

Our Areas ofexpertise:Services

Today’s labs are both scientific and commercial enterprises – and to compete and win, they need services that consider each side. So, we take a consultative approach to understand a lab’s requirements, whether it’s to manage efficiency, develop new assays or run clinical tests. Our customized solutions ensure every lab is operating at its full potential. Join Us »about services offered by PerkinElmer

Career Areas

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    Nothing beats that “eureka” moment: Our R&D professionals’ passion and talents have resulted in decades of patent awards and breakthrough technologies. See Jobs » in Research and Development

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