An artificial neural network based on time series prediction system with distributed computing

In section 1, some aspects of time series forecasting are introduced. Two subsequent sections briefly discuss the application of multi-layer feed-forward neural networks for making predictions based on past data, and the automation of this process. The paper is concluded with a summary of an experiment consisting of running an implementation of an automated ANN based prediction system on examples of real life time series data, and basic conclusions drawn from some of the results of this experiment.