Title :
A model for information systems evaluation
Author_Institution :
Inst. of Technol. Manage., Nat. Chung Hsing Univ., Taichung, Taiwan
Abstract :
ERP value has been long assumed to be static in traditional evaluations. This study proposes a stochastic simulation model of ERP business value, which bridges the gap between ERP business value theories and modern finance evaluation approaches. By incorporating life cycle, the critical characteristic of ERP business value, uncertainty is explicitly accounted for in the model. We quantitatively justify the value of ERP by taking life cycle uncertainty tracking into account, which is more realistic for ERP investments in real world settings.
Keywords :
enterprise resource planning; information systems; investment; stochastic processes; ERP business value; ERP investment; enterprise resource planning; finance evaluation approach; information system evaluation; stochastic simulation model; Information systems; Information technology; Investments; Mathematical model; Organizations; Uncertainty; Information Systems; Uncertainty;
Conference_Titel :
Uncertainty Reasoning and Knowledge Engineering (URKE), 2011 International Conference on
Conference_Location :
Bali
Print_ISBN :
978-1-4244-9985-4
Electronic_ISBN :
978-1-4244-9984-7
DOI :
10.1109/URKE.2011.6007831
