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Monitoring Value Webs

This research explores the monitoring of value webs through a design science lens, focusing on renewable energy. It presents the Enterprise Monitoring Ontology (EMO) as a vital artifact for capturing, assessing, and improving value transactions. By investigating how to effectively monitor value delivery and promise in various contexts, including energy trading, the study integrates multidisciplinary insights into Information Systems. This work advances both theory and practice, highlighting the communication of value dynamics and offering a framework for assessing enterprise performance in the renewable energy sector.

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Monitoring Value Webs

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  1. Monitoring Value Webs Patrício de AlencarSilva (PhD Candidate)* Hans Weigand (Supervisor) Tilburg University Department of Information Management

  2. Agenda • Research Context • Research Design • Design Artifact • Enterprise Monitoring Ontology • Evaluation • Case: Monitoring Renewable Energy Webs • Discussion

  3. Research Context • Value • Value Transactions • Value Webs • Enterprise Value Transactions • Enterprise Value Webs • Communication, Social, Economic, Information Systems

  4. Research Design: Problem • How to monitor a value web? • Knowledge questions • What is value? • What is to monitor value? • How? • What is to monitor a value transaction? • How? • What is to monitor a value web? • How? • A multidisciplinary endeavor, but an IS-driven one • Requirements Engineering for monitoring value webs

  5. Research Design: Methodology • Design Science • Problem Relevance: (Economy of monitoring) • Artifact: (Monitoring Ontology) • Evaluation: (Exploratory Case, Conceptual Fitness) • Contributions: (Fidelity, Implementability) • Research Rigor: (Applicability, Generalizability) • Design as a Search: (Theories, Selection) • Communication: (Novelty, Pragmatism)

  6. Back to Context: Monitoring context: Value Transaction

  7. Back to Context: Service Management Level

  8. Monitoring ValuesAn Example:

  9. New-Year’s Experience 1 Night, VIP service Copacabana Beach, Rio de Janeiro 1st Jan. 2012 (00:01h) Value Promise

  10. New-Year’s Experience 1 Night, VIP service Copacabana Beach, Rio de Janeiro 31st Dec. 2011 (00:01h) Value Delivery

  11. Design Artifact: Enterprise Monitoring Ontology Enterprise Monitoring Ontology

  12. EMO: Value Goal View

  13. EMO: Value Policy View

  14. EMO: Indicator View

  15. Case: Renewable Energy • Commodity: monitorable • Value: dynamics • Value promise ≠ Value delivery • How to monitor value transactions in renewable energy trading?

  16. Renewables: Core Market

  17. Renewables: Monitoring Market

  18. Discussion • Enterprise Monitoring Ontology as: • A Requirements Engineering Technique • An Enterprise Engineering Task Ontology • Value Modeling Artifact • Design Science Artifact • Core points for discussion (innovation) • On the value of monitoring • On the monitoring of value • Further work • Value Level Agreements • Key Value Indicators

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