TimeGEN-1 Quickstart (Azure)

1. Set up a TimeGEN-1 endpoint account and generate your API key on Azure.

• Go to ml.azure.com
• Sign in or create an account.
• If you don’t have one already, create a workspace. This might require a subscription.

• Click on Models in the sidebar and select TimeGEN in the model catalog.

• Click Deploy. This will create an Endpoint.

• Go to your Endpoint in the sidebar. Here you will find your Base URL and the API key.

2. Install nixtlar

In your favorite R IDE, install nixtlar from CRAN or GitHub.

install.packages("nixtlar") # CRAN version 

library(devtools)
devtools::install_github("Nixtla/nixtlar")

3. Set up the Base URL and API key

To do this, use the nixtla_client_setup function.

nixtla_client_setup(
  base_url = "Base URL here", 
  api_key = "API key here"
)

4. Start making forecasts!

Now you can start making forecasts! We will use the electricity dataset that is included in nixtlar. This dataset contains the prices of different electricity markets.

df <- nixtlar::electricity
nixtla_client_fcst <- nixtla_client_forecast(df, h = 8, level = c(80,95))
#> Frequency chosen: h
head(nixtla_client_fcst)
#>   unique_id                  ds  TimeGPT TimeGPT-lo-95 TimeGPT-lo-80
#> 1        BE 2016-12-31 00:00:00 45.19045      30.49691      35.50842
#> 2        BE 2016-12-31 01:00:00 43.24445      28.96423      35.37463
#> 3        BE 2016-12-31 02:00:00 41.95839      27.06667      35.34079
#> 4        BE 2016-12-31 03:00:00 39.79649      27.96751      32.32625
#> 5        BE 2016-12-31 04:00:00 39.20454      24.66072      30.99895
#> 6        BE 2016-12-31 05:00:00 40.10878      23.05056      32.43504
#>   TimeGPT-hi-80 TimeGPT-hi-95
#> 1      54.87248      59.88399
#> 2      51.11427      57.52467
#> 3      48.57599      56.85011
#> 4      47.26672      51.62546
#> 5      47.41012      53.74836
#> 6      47.78252      57.16700

We can plot the forecasts with the nixtla_client_plot function.

nixtla_client_plot(df, nixtla_client_fcst, max_insample_length = 200)

To learn more about data requirements and TimeGPT’s capabilities, please read the nixtlar vignettes.

Discover the power of TimeGEN on Azure via nixtlar.

Deploying TimeGEN via nixtlar on Azure allows you to implement robust and scalable forecasting solutions. This not only simplifies the integration of advanced analytics into your workflows but also ensures that you have the power of Azure’s cutting-edge technology at your disposal through a pay-as-you-go service. To learn more, read here.