IBM open-sources top time series forecasting model
IBM’s new Granite Time Series PatchTST-FM-r2 model now leads all zero-shot forecasting models released under a business-friendly open-source license. The 385-million parameter model forecasts everything from demand to energy loads and supports missing data. IBM published all weights, code, and the pipeline you need. On a key industry benchmark, it’s top among open models and ranks second overall for accuracy.
- 385-million parameter foundation model
- Dual open-source licenses: Apache 2.0 or OpenMDW 1.0
- Top zero-shot performance on GIFT-Eval benchmark
- Handles missing values and probabilistic forecasts
- Code, data, and pipeline fully released
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