Patent attributes
Embodiments of the present disclosure are directed to facilitating performing online data forecasting. In operation, data decomposition of an incoming data point is performed to determine a trend component associated with the incoming data point. Such a trend component, and previous trend components, can be used to determine a trend component expected for a data point subsequent to the incoming data point. A seasonality component expected for the data point subsequent to the incoming data point can be identified, for example, based on a seasonality component associated with a previous corresponding data point. Thereafter, the expected trend and seasonality components can be used to predict the data point subsequent to the incoming data point. Such a data prediction can be performed in an online processing manner such that a subsequent data point is not used to decompose the incoming data point or forecast the data point.