Hierarchical modeling node for visual forecasting

Abstract

A system described herein can generate a graphical user interface (GUI) for a piece of forecasting software. The GUI can include graphical nodes arranged on a drag-and-drop canvas to define an overall forecasting pipeline. The graphical nodes can include a hierarchical modeling node that enables a user to define a time series hierarchy. The hierarchical modeling node can also enable separate level pipelines to be customized for each level of the time series hierarchy. The level pipelines can form subparts of the overall forecasting pipeline. The system can then execute the level pipelines to generate multiple forecasts, where each forecast corresponds to a respective level of the time series hierarchy. In some examples, the system can execute a reconciliation process on the forecasts to generate reconciled forecasts. Each reconciled forecast can correspond to one of the forecasts. The system may then generate one or more visualizations of the reconciled forecasts.