Digital Value Dependency Framework for Digital Transformation

Suthamathy Sathananthan, Dennis Gamrad, Johanna Myrzik

2020

Abstract

Knowing there is considerable value in digitalization, enterprises have started to transform their operations utilizing digital technologies. However, current methods used in estimating benefits are methods typically used in capital budgeting projects which do not consider the value interdependencies or uncertainties from digitalization into account. Therefore, a standardized yet comprehensive framework and a mathematical model have been developed to estimate and measure potential from digitalization. The framework and model together were applied in an industrial digital project where results show overall value of the project based on economic and qualitatively measured impacts, and value contribution of transformational elements such as technologies and organizational changes. The results have been used to form value networks which demonstrate shared values between multiple digital projects with respect to digital capabilities. These results bring transparency across projects for informed decision making and support in data-driven business model innovation.

Paper Citation

in Harvard Style

Sathananthan S., Gamrad D. and Myrzik J. (2020). Digital Value Dependency Framework for Digital Transformation.In Proceedings of the 22nd International Conference on Enterprise Information Systems - Volume 2: ICEIS, ISBN 978-989-758-423-7, pages 643-655. DOI: 10.5220/0009316106430655

in Bibtex Style

@conference{iceis20,
author={Suthamathy Sathananthan and Dennis Gamrad and Johanna Myrzik},
title={Digital Value Dependency Framework for Digital Transformation},
booktitle={Proceedings of the 22nd International Conference on Enterprise Information Systems - Volume 2: ICEIS,},
year={2020},
pages={643-655},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0009316106430655},
isbn={978-989-758-423-7},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 22nd International Conference on Enterprise Information Systems - Volume 2: ICEIS,
TI - Digital Value Dependency Framework for Digital Transformation
SN - 978-989-758-423-7
AU - Sathananthan S.
AU - Gamrad D.
AU - Myrzik J.
PY - 2020
SP - 643
EP - 655
DO - 10.5220/0009316106430655