A web forecasting system supporting policy implementation: the case of 'digital planning' in Greece

Authors:
Konstantinos Nikolopoulos;Akrivi Litsa;Fotios Petropoulos;Konstantinos Metaxiotis;Vassilios Assimakopoulos
Affiliations:
College of Business, Social Sciences and Law, Bangor Business School, Bangor, LL57 2DG, Wales, UK.;Forecasting and Strategy Unit, National Technical University of Athens, Iroon Polytechneiou 9, Zografou, 15780, Greece.;Forecasting and Strategy Unit, National Technical University of Athens, Iroon Polytechneiou 9, Zografou, 15780, Greece.;Department of Informatics, University of Piraeus, M. Karaoli & A. Dimitriou 80, Piraeus, 18534, Greece.;Forecasting and Strategy Unit, National Technical University of Athens, Iroon Polytechneiou 9, Zografou, 15780, Greece
Venue:
International Journal of Business Information Systems
Year:
2012

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Abstract

'Digital strategy' is an EU-level policy promoting the use of ICT in houses and companies across Europe, so as to improve standards of living and competitiveness respectively. This article presents a web information system that forecasts the potential success of such policies at country and regional level. The proposed system provides guidance for judgmental forecasting processes, incorporating three widely used judgmental approaches, while presenting relevant statistical analysis and qualitative information. A two-level evaluation of the system is also presented. The study concludes with useful comments and avenues for further research.