A New Empirical Model for Short-Term Forecasting of the Broadband Penetration: A Short Research in Greece

The objective of this paper is to present a short research about the overall broadband penetration in Greece. In this research, a new empirical deterministic model is proposed for the short-term forecast of the cumulative broadband adoption. The fitting performance of the model is compared with some...

Full description

Saved in:
Bibliographic Details
Main Authors: Salpasaranis Konstantinos, Stylianakis Vasilios
Format: Article
Language:English
Published: Wiley 2011-01-01
Series:Modelling and Simulation in Engineering
Online Access:http://dx.doi.org/10.1155/2011/798960
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1849402180752113664
author Salpasaranis Konstantinos
Stylianakis Vasilios
author_facet Salpasaranis Konstantinos
Stylianakis Vasilios
author_sort Salpasaranis Konstantinos
collection DOAJ
description The objective of this paper is to present a short research about the overall broadband penetration in Greece. In this research, a new empirical deterministic model is proposed for the short-term forecast of the cumulative broadband adoption. The fitting performance of the model is compared with some widely used diffusion models for the cumulative adoption of new telecommunication products, namely, Logistic, Gompertz, Flexible Logistic (FLOG), Box-Cox, Richards, and Bass models. The fitting process is done with broadband penetration official data for Greece. In conclusion, comparing these models with the empirical model, it could be argued that the latter yields well enough statistics indicators for fitting and forecasting performance. It also stresses the need for further research and performance analysis of the model in other more mature broadband markets.
format Article
id doaj-art-83c44950770e493ca16be01009b20ab2
institution Kabale University
issn 1687-5591
1687-5605
language English
publishDate 2011-01-01
publisher Wiley
record_format Article
series Modelling and Simulation in Engineering
spelling doaj-art-83c44950770e493ca16be01009b20ab22025-08-20T03:37:37ZengWileyModelling and Simulation in Engineering1687-55911687-56052011-01-01201110.1155/2011/798960798960A New Empirical Model for Short-Term Forecasting of the Broadband Penetration: A Short Research in GreeceSalpasaranis Konstantinos0Stylianakis Vasilios1Electrical and Computer Engineering Department, University of Patras, Rio, 26500 Patras, GreeceElectrical and Computer Engineering Department, University of Patras, Rio, 26500 Patras, GreeceThe objective of this paper is to present a short research about the overall broadband penetration in Greece. In this research, a new empirical deterministic model is proposed for the short-term forecast of the cumulative broadband adoption. The fitting performance of the model is compared with some widely used diffusion models for the cumulative adoption of new telecommunication products, namely, Logistic, Gompertz, Flexible Logistic (FLOG), Box-Cox, Richards, and Bass models. The fitting process is done with broadband penetration official data for Greece. In conclusion, comparing these models with the empirical model, it could be argued that the latter yields well enough statistics indicators for fitting and forecasting performance. It also stresses the need for further research and performance analysis of the model in other more mature broadband markets.http://dx.doi.org/10.1155/2011/798960
spellingShingle Salpasaranis Konstantinos
Stylianakis Vasilios
A New Empirical Model for Short-Term Forecasting of the Broadband Penetration: A Short Research in Greece
Modelling and Simulation in Engineering
title A New Empirical Model for Short-Term Forecasting of the Broadband Penetration: A Short Research in Greece
title_full A New Empirical Model for Short-Term Forecasting of the Broadband Penetration: A Short Research in Greece
title_fullStr A New Empirical Model for Short-Term Forecasting of the Broadband Penetration: A Short Research in Greece
title_full_unstemmed A New Empirical Model for Short-Term Forecasting of the Broadband Penetration: A Short Research in Greece
title_short A New Empirical Model for Short-Term Forecasting of the Broadband Penetration: A Short Research in Greece
title_sort new empirical model for short term forecasting of the broadband penetration a short research in greece
url http://dx.doi.org/10.1155/2011/798960
work_keys_str_mv AT salpasaraniskonstantinos anewempiricalmodelforshorttermforecastingofthebroadbandpenetrationashortresearchingreece
AT stylianakisvasilios anewempiricalmodelforshorttermforecastingofthebroadbandpenetrationashortresearchingreece
AT salpasaraniskonstantinos newempiricalmodelforshorttermforecastingofthebroadbandpenetrationashortresearchingreece
AT stylianakisvasilios newempiricalmodelforshorttermforecastingofthebroadbandpenetrationashortresearchingreece