Title
Business Value Analysis of IT Services
Abstract
Business value evaluation of IT services is critical for an enterprise to develop an IT project portfolio aligned with its business operations. To lessen the dependency on subjective assumptions on how IT capabilities benefit the implementation of business strategies and operations, this paper proposes a business value modeling approach based on value driver trees which hierarchically model causal relationships from IT capability and performance to operational metrics, business metrics, and finally to business strategic metrics. This paper also presents an asset-based modeling framework and an analysis methodology which helps apply the business value analysis to various IT services. Besides depending on subject matter experts' experience and opinion, the methodology also proposes to apply a regression model to historical data of business metrics to discover and refine quantitative relationships among metrics. A case study is presented to illustrate how the proposed value-modeling and the regression method help in real-world business value analyses of IT services.
Year
DOI
Venue
2007
10.1109/SCC.2007.36
IEEE SCC
Keywords
Field
DocType
it capability,asset-based modeling,operational metrics,business value analysis,information technology,value driver trees,regression model,service industries,business value modeling,it performance,business strategic metrics,business metrics,business value evaluation,it project portfolio,it services,couplings,service oriented architecture,spine,business value,business strategy,mathematical model,hierarchical model,investments
New business development,Artifact-centric business process model,Business value,Computer science,Business domain,Business process modeling,Business rule,Business Process Model and Notation,Management science,Process management,Business analysis
Conference
ISSN
ISBN
Citations 
2474-8137
0-7695-2925-9
2
PageRank 
References 
Authors
0.37
7
5
Name
Order
Citations
PageRank
Chunhua Tian17416.63
Rongzeng Cao25510.61
Wei Ding3417.58
Hao Zhang421.72
Juhnyoung Lee543167.51