Search results for "Business case"
showing 10 items of 11 documents
Dynamic Consensus: Increasing Blockchain Adaptability to Enterprise Applications
2020
Decentralization powered by blockchain is validated for its capability to build trust like no other computational system before. The evolution of blockchain models has opened new use-cases that are becoming operational in many industry fields such as: energy, healthcare, banking, cross-border trade, aerospace, supply chain, and others. The core component of a decentralized architecture is the consensus algorithm - the set of rules that ensures an automated and fair agreement between the actors in the same network. Classic consensus algorithms are tailored to solve specific problems, but in an open ecosystem, each business case is unique and needs a certain level of customization. This paper…
The Advantage of Digital Decision Making for Strategic Decisions – Proofed by a Supply Chain Case
2017
This paper will discuss the advantage of decision making supported by a digital system and will provide an overview of an empiric analysis researched on this topic. Decision making in organizations is a significant system implied task of managers and therefore a broad area in scientific research, not only in the disciplines management or business studies – even from technical to humanistic disciplines. Nowadays the trend of digitalization captures all areas of life especially in business, as well as the typical management task of decision making. Triggered by the digitalization trend business will move toward an autonomous decision making of machines or cyber systems. The important step tow…
Traditional Enterprise Business Intelligence Software Compared to Software as a Service Business Intelligence
2016
IntroductionBusiness Intelligence is a broad field of study. The major thrust of business intelligence theory analyzes certain factors to make highquality decisions. These factors include customers, competitors, business partners, economic environment and internal operations. Business Intelligence has the power to change the way people work, so that enterprises can compete more effectively and efficiently.A successful business intelligence solutions and successful implementation holds the key to the technological innovations together with the people, processes and culture of an organization to achieve a competitive and profitable BI strategy.Business Intelligence (BI) is the process of acqu…
Building an advocacy model to improve the dementia-capability of health plans in California
2021
Background Given the high and growing prevalence of Alzheimer's disease and related dementias, and the intensity of this population's care needs, it is imperative that healthcare systems increase their capacity to effectively serve people living with dementia (PLwD). The Dementia Cal MediConnect (Dementia CMC) project proposes an advocacy model that may foster dementia-capable systems change. Methods The Dementia CMC project was a 5-year partnership (2013-2018) between local Alzheimer's organizations and 10 managed care health plans (HPs) in California's duals demonstration. It used an advocacy model with the following steps: (1) Identify dementia-capable best practices to set as systems ch…
How is Building Information Modeling Influenced by Project Complexity?
2014
Virtual design and construction of buildings and architectural spaces require extensive collaboration among a diverse set of design professionals. The authors analyze e-collaboration performance in two construction projects of differing complexity, to gain an understanding of how collaborative design based on building information modeling (BIM) is influenced by the complexity of the building project. The findings suggest that the perceived business value of BIM depends on project complexity and that BIM-based collaboration does not yield unconditional positive implications for all types of construction projects. The authors argue that current practice would benefit from a more structured ap…
Applying constructivist approach to educational business games: Case REALGAME
2003
Business organizations and their employees face ever-increasing complexity and accelerating changes. This brings along the need for training models that can transmit knowledge and skills needed in this kind of environment. Business process understanding is especially required. This article evaluates business games in the light of constructivism, a view of learning emphasizing the need to anchor training to everyday activities and concrete contexts, and introduces a new computer-based business game. The purpose of this construction is to give the business game participants a realistic view of business processes and thus enhance participant business process perception. The primary aim of the…
Business models and opportunity creation: How IT entrepreneurs create and develop business models under uncertainty
2015
How can entrepreneurs develop business models for markets in which the technology is constantly changing-or create business models for markets that do not exist? These are fundamental questions for information technology IT entrepreneurs, and for information systems IS scholars who seek to develop a theoretical understanding of business models. The case study presented in this paper addressed these questions, demonstrating how a small software firm developed its business model over a 15-year period in cloud gaming markets. Based on the empirical findings, a preliminary theoretical model is presented. The aim of the model is to increase scholarly understanding of how business models are crea…
The business plan as a project: an evaluation of its predictive capability for business success
2012
Although there is extensive research aimed at identifying the main success factors for new ventures, efforts directed at evaluating the real effect of the existence and quality of a business plan on a firm's survival chances have been limited. This study attempts to fill this gap by analyzing to what extent the quality of a business plan, measured according to its economic, financial and organizational viability, constitutes a good predictor of business survival; and how other variables related to the characteristics of the entrepreneur and the business can affect the predictive capability of the model under consideration. Hypotheses are tested using data collected from 2142 service firms. …
Business Models and Economic Approaches for Recovering Energy from Wastewater and Fecal Sludge
2015
Universal access to water, sanitation and energy services are key challenges in low income countries. The conventional model of providing water, sanitation and waste disposal as a social service is no longer viable because national authorities lack financial and human resources for operation and maintenance and for addressing the sanitation needs locally. Human excreta and wastewater represent resources that can be used to generate new income and support livelihoods through use as a source of energy. The reduction, removal and reuse of wastes must become financially feasible and economically profitable and yield high returns. This requires innovative and sustainable business models and fina…
Surrogate-assisted multicriteria optimization: Complexities, prospective solutions, and business case
2017
Complexity in solving real-world multicriteria optimization problems often stems from the fact that complex, expensive, and/or time-consuming simulation tools or physical experiments are used to evaluate solutions to a problem. In such settings, it is common to use efficient computational models, often known as surrogates or metamodels, to approximate the outcome (objective or constraint function value) of a simulation or physical experiment. The presence of multiple objective functions poses an additional layer of complexity for surrogate-assisted optimization. For example, complexities may relate to the appropriate selection of metamodels for the individual objective functions, extensive …