Vantage Launches Expanded Forecasts: The Ability to Project Costs Six Months Ahead

Vantage has introduced a feature allowing users to project costs up to six months ahead in their Cost Reports, enhancing the previous limitation of only forecasting for the current month. This update is particularly beneficial for users engaged in quarterly and yearly financial planning, as it eliminates the need to export data to generate extended forecasts. By using a date picker in the Cost Reports screen, users can now select forecast periods ranging from the upcoming month to six months into the future. Enterprise customers with expanded retention periods can forecast for a correspondingly extended duration. The forecasts, generated through a time-series model that accounts for seasonality and anomalies, are available on bar and line charts for various date bins, although they are currently limited to individual services and overall data rather than filtered or grouped data. The feature, free for all users, is accessible immediately after saving a report and reflects in less than 10 minutes, although exporting these forecasts is not yet available.