Analysis of technological forecasting models and decision criteria for IT investments in Singapore.

• Main Authors: Goo, Chui Ping., Phua, Wee Koon., Thniah, Bee Peng.
• Other Authors: Nanyang Business School
• Format: Final Year Project
• Language: English
• Published: 2013
• Subjects: DRNTU::Business::Accounting
• Online Access: http://hdl.handle.net/10356/51154
• Institution: Nanyang Technological University

This applied research project is divided into two principal sections. The first section seeks to examine the reliability ofthe technological forecasting models and apply some of the many models in the Singapore context. The results identified the Logistic Model as the most reliable technological forecasting model. The results also indicate that nonexhaustive factors can affect the reliability ofthe models. The second section of the project focused on the decision criteria for investing in information technology. The results indicate that the budget criteria was the most popular form of consideration among the Singapore companies when deciding whether to invest in information technology. However, note that the results may not reflect the true situation in Singapore because only a small percentage of the survey forms sent out to the companies were answered. Much improvement could be achieved through greater support from the Singapore enterprises.