Search results for "business rule"
showing 10 items of 18 documents
Specification of Business Components
2003
Component-based software development is a potential reuse paradigm for the future. While the required technologies for a component-style system development are widely available, for instance Sun's Enterprise Java Beans, a problem inhibits the breakthrough of the component paradigm in business applacation domains: compared to traditional engineering disciplines there is a lack of standardized methods to describe business components. Such a description has to address several aspects: What services are offered and requested by a business component? How can these services be used? Are there any interdependencies between the services of a set of business components? What quality characteristics …
Information Systems and Business Strategy
2003
The main purpose of this chapter is to deep into the importance attached to the Information Systems for the proper formulation of the corporate strategy. After introducing the basis of the strategic planning tradition model, which suggests the subordination of the Information Systems (IS) to the Business Strategy, we propose a new model that views the IS as an strategic instrument suited for the strategy formulation stage, rather than operational tools for the strategy control phase. Success in the application of this model we call “Concurrent Business/IS Strategic Planning Model” will closely depend on the consistency, coherence and soundness of the IS, both internal and external. In order…
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…
From Organization Business Model to Information System: One Approach and Lessons Learned
2011
The system ISTechnology and lessons learned of its use in the business modeling and development of information systems are analyzed in the paper. The system consists of the meta-model and applications. The meta-model enables to define a platform independent business model of the organization. The applications provide the definition and interpretation of the business model. Interpretation of the business model provides functionality of the information system in the selected platform. The lessons learned confirm that the development and maintenance cost of information systems can be significantly reduced by use of the ISTechnology.
An Architecture for Collaborative Scenarios Applying a Common BPMN-Repository
2005
Collaborative business scenarios require a flexible integration of enterprises. To manage inter-organizational business processes, existing concepts for business process management (BPM) need to be adopted and extended. This paper presents a conceptual architecture for cross-enterprise processes’ planning, implementation, and controlling. Core component of the architecture is a distributed repository managing all required data and information, which especially obtains a process-oriented view on collaboration networks. Cross-organizational processes need close coordination among networking partners. This is achieved through the integration of business process models. Thus we further propose …
ERP and Organizational Misfits: An ERP Customization Journey
2016
Abstract Enterprise resource planning (ERP) projects are complex and resource demanding. Some ERP projects fail due to what is called ‘misfit’ between the adopting organization's business requirements and the ERP's functionalities. Existing literature has studied how ERP systems match to different organizations and have argued that there always exists a gap between the business rules embedded in the system, and the practices and processes that exist in organizations. Thus, tailoring might be an important procedure during ERP implementations, in which the ERP customization takes place in order to ensure the compliance with the organizations’ critical business processes and requirements. Via …
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…
Domain specific language for securities settlement systems
2012
Actual problems during design, implementation and maintenance of securities settlement systems software are achieving complementarity of several different, connected, asynchronously communicating settlement systems and verification of this complementarity. The aim of this paper is to create domain specific language for modeling of settlement systems and their interactions. Then use models to calculate settlement systems behavior. Specific of settlement systems requires that they perform accordingly to business rules in any situation. This makes use of model checking a very desirable step in development process of settlement systems. Defining a domain specific language and creating editor su…
The logic of the gift and the bonding value: a new perspective for business management
2011
PurposeThis paper aims to conceptualize business relationships so as to include in these dimensions of both gift and gratuity, to develop the concept of “bonding value”, and to offer some ideas for the use of this within firms.Design/methodology/approachThe paper analyses the concept of “bonding value”, distinguishing it from the concepts of “exchange value” and “use value” that are normally used in business, and attempts to investigate its practical implications.FindingsThe paper shows how evaluating both the relationships within the organization and between firm and stakeholders in terms of “bonding value” can have effects on the economic, organizational and social aspects of a firm's act…