Information System Artefact Development for Evaluating New Business Opportunities

The data heterogeneity and multi-dimensionality, including the exponential growth of upstream businesses,complicate the construct-design and model development, precluding data integration process. Besides, an uncertainty arises with the effectiveness of business models, making prot...

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Main Authors: Nimmagadda, Shastri, Barragan, Gustavo Cardenas, Reiners, Torsten, Wood, Lincoln
Format: Conference Paper
Published: 2020
Online Access:http://hdl.handle.net/20.500.11937/81901
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author Nimmagadda, Shastri
Barragan, Gustavo Cardenas
Reiners, Torsten
Wood, Lincoln
author_facet Nimmagadda, Shastri
Barragan, Gustavo Cardenas
Reiners, Torsten
Wood, Lincoln
author_sort Nimmagadda, Shastri
building Curtin Institutional Repository
collection Online Access
description The data heterogeneity and multi-dimensionality, including the exponential growth of upstream businesses,complicate the construct-design and model development, precluding data integration process. Besides, an uncertainty arises with the effectiveness of business models, making prototype evaluation uncertain,risking business prospects.The significance of Information System (IS) artefacts is realized in upstream business contexts, in which unstructured volumes and varieties of data attributes and instances may have complicated the artefact designs, especially in geographically distributed petroleum systems.We consider a petroleum-prospecting company, a case study with a focus on IS development for upstream businesses and their growth with new reserves. As a part of business IS artefact development, we study a multidimensional modelling approach, in which structure and reservoir models are integrated into logical metadata to extract valuable meta-knowledge. The contribution of research lies with facts of designing new IS artefacts and evaluates their efficacy in new knowledge domains using artefact-utility properties.
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institution Curtin University Malaysia
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spelling curtin-20.500.11937-819012021-02-05T04:07:11Z Information System Artefact Development for Evaluating New Business Opportunities Nimmagadda, Shastri Barragan, Gustavo Cardenas Reiners, Torsten Wood, Lincoln The data heterogeneity and multi-dimensionality, including the exponential growth of upstream businesses,complicate the construct-design and model development, precluding data integration process. Besides, an uncertainty arises with the effectiveness of business models, making prototype evaluation uncertain,risking business prospects.The significance of Information System (IS) artefacts is realized in upstream business contexts, in which unstructured volumes and varieties of data attributes and instances may have complicated the artefact designs, especially in geographically distributed petroleum systems.We consider a petroleum-prospecting company, a case study with a focus on IS development for upstream businesses and their growth with new reserves. As a part of business IS artefact development, we study a multidimensional modelling approach, in which structure and reservoir models are integrated into logical metadata to extract valuable meta-knowledge. The contribution of research lies with facts of designing new IS artefacts and evaluates their efficacy in new knowledge domains using artefact-utility properties. 2020 Conference Paper http://hdl.handle.net/20.500.11937/81901 https://creativecommons.org/licenses/by-nc/3.0/nz/ fulltext
spellingShingle Nimmagadda, Shastri
Barragan, Gustavo Cardenas
Reiners, Torsten
Wood, Lincoln
Information System Artefact Development for Evaluating New Business Opportunities
title Information System Artefact Development for Evaluating New Business Opportunities
title_full Information System Artefact Development for Evaluating New Business Opportunities
title_fullStr Information System Artefact Development for Evaluating New Business Opportunities
title_full_unstemmed Information System Artefact Development for Evaluating New Business Opportunities
title_short Information System Artefact Development for Evaluating New Business Opportunities
title_sort information system artefact development for evaluating new business opportunities
url http://hdl.handle.net/20.500.11937/81901