Infoeconomics

The chapter discusses economics of informing or infoeconomics, which refers to costs and benefits of informing agents and to their contribution to organizational performance. Controversies questioning contributions of IT/IS to productivity (IT productivity paradox) and to competitiveness (IT commodification argument) are discussed. Several methods of assessing costs and benefits of informing agents are proposed. Assessing benefits from IT/IS, data, and knowledge is challenging since their impact is usually not immediately visible. The challenges have become more pressing with the data analytics and big data trends. Several research cases are used to demonstrate relationships between IVO aspects and infoeconomics. It is argued that a business process management model and balanced scorecard methodology are reliable guides for study and management of infoeconomics. The implications of big data and cloud computing on infoeconomics are discussed throughout the chapter.

Integrating Sustainability Into IT/IS Project Evaluation Methods

Sustainability is one of the most important challenges of our time. How can we develop prosperity without compromising the lives of future generations? Information technology (IT) and information systems (IS) provide organizations with the ability to change and improve business processes to better support sustainable practices. IT/IS evaluation methods should therefore reflect this ability and include criteria for the assessment of sustainability aspects of IT/IS projects. However, IT/IS evaluation methods are still dominated by the economical perspective that resulted from the infamous IT productivity paradox. This chapter aims to broaden the perspective on IT/IS evaluation by exploring the integration of indicators that reflect the concepts of sustainability into IT/IS evaluation methods. The analysis will conclude that integrating sustainability considerations in IT/IS evaluation requires far more than a set of additional criteria to be considered.

Sustainability Evaluation of IT/IS Projects

Sustainability is without doubt one of the most important challenges of our time. How can one develop prosperity without compromising the life of future generations? Companies are integrating concepts of sustainability in their marketing, corporate communications, annual reports and in their actions. Information technology (IT) and information systems (IS) provide organizations with the ability to change and improve business processes to better support sustainable practices. IT/IS evaluation methods should therefore reflect this ability and include criteria for the assessment of sustainability aspects of IT/IS projects. However, IT/IS evaluation methods are today still dominated by the economical perspective that resulted from the infamous IT productivity paradox. This paper aims to broaden the perspective on IT/IS evaluation, by exploring the integration of indicators that reflect the concepts of sustainability into IT/IS evaluation methods. Based on an identification IT/IS evaluation methods and an overview of frameworks for sustainability indicators, an analysis is made of the inclusion of the indicators and principles of sustainability assessment in IT/IS evaluation methods. The analysis will conclude that integrating sustainability considerations in IT/IS evaluation requires far more than a set of additional criteria to be considered.

Sustainability Evaluation of IT/IS Projects

Sustainability is without doubt one of the most important challenges of our time. How can one develop prosperity without compromising the life of future generations? Companies are integrating concepts of sustainability in their marketing, corporate communications, annual reports and in their actions. Information technology (IT) and information systems (IS) provide organizations with the ability to change and improve business processes to better support sustainable practices. IT/IS evaluation methods should therefore reflect this ability and include criteria for the assessment of sustainability aspects of IT/IS projects. However, IT/IS evaluation methods are today still dominated by the economical perspective that resulted from the infamous IT productivity paradox. This paper aims to broaden the perspective on IT/IS evaluation, by exploring the integration of indicators that reflect the concepts of sustainability into IT/IS evaluation methods. Based on an identification IT/IS evaluation methods and an overview of frameworks for sustainability indicators, an analysis is made of the inclusion of the indicators and principles of sustainability assessment in IT/IS evaluation methods. The analysis will conclude that integrating sustainability considerations in IT/IS evaluation requires far more than a set of additional criteria to be considered.