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Off-the-Shelf vs. Customized Forecasting Support Systems

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  • Evangelos Spiliotis
  • Achilleas Raptis
  • Vassilios Assimakopoulos

Abstract

Numerous forecasting support systems (FSSs) have been developed through the years to help companies select and implement forecasting procedures and to support managerial decisions. While the majority of these systems are off-the-shelf, the authors argue that such generic systems will not always be up to the task. Problems can arise due to lack of customizability, inadequate Web-based architecture, and poor user interfaces. The authors have developed a Web-based FSS specifically to forecast water consumption (in the province of Attica, Greece). In doing so, they took as a springboard many of the proposals for the design of an FSS presented in the special feature on FSS in Foresight's Fall 2015 issue. Copyright International Institute of Forecasters, 2016

Suggested Citation

  • Evangelos Spiliotis & Achilleas Raptis & Vassilios Assimakopoulos, 2016. "Off-the-Shelf vs. Customized Forecasting Support Systems," Foresight: The International Journal of Applied Forecasting, International Institute of Forecasters, issue 43, pages 42-48, Fall.
    • Handle: RePEc:for:ijafaa:y:2016:i:43:p:42-48
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