Ontological evaluation of business models: comparing traditional and component-based paradigms in information systems re-engineering

Valverde, Raul and Toleman, Mark (2007) Ontological evaluation of business models: comparing traditional and component-based paradigms in information systems re-engineering. In: Ontologies: a handbook of principles, concepts and applications in information systems. Integrated Series in Information Systems. Springer, New York, NY. United States, pp. 49-77. ISBN 0-387-37019-6; eISBN 978-0387-37022-4

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The majority of current information systems were implemented using traditional paradigms which include business modeling techniques applied during the analysis phase such as Data Flow Diagrams and Entity-Relationship Diagrams. These legacy systems are now struggling to cope with recent developments, particularly trends towards e-Commerce applications, platform independence, reusability of pre-built components, capacity for reconfiguration and higher reliability. Many organizations now realize they need to re-engineer their systems using new component-based systems. Although the traditional and component-based approaches have different grammars for representing business models, these business models can be compared, based on their ontological grammars. This paper illustrates how an ontological evaluation of business models by using the Bunge-Wand-Weber model can be used to compare them for equivalency of representation of business requirements, when re-engineering legacy systems into component-based information systems.

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Item Type: Book Chapter (Commonwealth Reporting Category B)
Refereed: Yes
Item Status: Live Archive
Additional Information: Author's version deposited with blanket permission of publisher.
Faculty / Department / School: Historic - Faculty of Business - School of Information Systems
Date Deposited: 11 Oct 2007 01:09
Last Modified: 27 Sep 2016 04:09
Uncontrolled Keywords: re-engineering; component-based systems; structured systems; business models; ontological evaluation; legacy systems; bunge-wand-weber model; BWW
Fields of Research : 08 Information and Computing Sciences > 0803 Computer Software > 080308 Programming Languages
08 Information and Computing Sciences > 0806 Information Systems > 080608 Information Systems Development Methodologies
15 Commerce, Management, Tourism and Services > 1503 Business and Management > 150302 Business Information Systems
Socio-Economic Objective: E Expanding Knowledge > 97 Expanding Knowledge > 970108 Expanding Knowledge in the Information and Computing Sciences
URI: http://eprints.usq.edu.au/id/eprint/2558

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