Factors Influencing Forecasting
When forecasting it is important to understand which factors may influence the calculation, and to what extent. A list of some common factors can be seen below:
- Technology
- subscriber access - fibre, wireless, wired, cellular, TDMA, CDMA, handsets
- application - telephony, PBXs, ISDN, videoconferencing, LANs, teleconferencing, internetworking, WANs
- technology - broadband, narrowband, carriers, fibre to the curb, DSL
- Economics
- Global Economics - Economic climate, predictions, estimates, economic factors, interest rates, prime rate, growth, management's outlook, investors' confidence, politics
- Sectoral Economics - trends in industry, investors’ outlook, telecommunications, emerging technologies growth rate, recessions, and slowdowns
- Macroeconomics - inflation, GDP, exports, monetary exchange rates, imports, government deficit, economic health
- Demographics
- Measurement of number of people in regions – how many were born, are living and died within a time period
- The way people live – health, fertility, marriage rates, ageing rate, conception, mortality
Read more about this topic: Telecommunications Forecasting
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