Building framework for ICT investments evaluation: value on investment perspective

Innovation in the field of information and communication technology (ICT) requires organizations to makeprompt investments in providing customers with updated resources. Rapid growth in the field of ICT increases theresponsibility of decision-makers in terms of whether to invest or not. This researc...

Full description

Saved in:
Bibliographic Details
Main Authors: Saleem, F., Salim, N., Al-Ghamdi, A. A. M., Ullah, Z.
Format: Article
Published: Asian Research Publishing Network 2015
Subjects:
Online Access:http://eprints.utm.my/id/eprint/57987/
http://www.arpnjournals.com/jeas/research_papers/rp_2015/jeas_0215_1563.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
id my.utm.57987
record_format eprints
spelling my.utm.579872022-04-07T01:55:23Z http://eprints.utm.my/id/eprint/57987/ Building framework for ICT investments evaluation: value on investment perspective Saleem, F. Salim, N. Al-Ghamdi, A. A. M. Ullah, Z. QA75 Electronic computers. Computer science Innovation in the field of information and communication technology (ICT) requires organizations to makeprompt investments in providing customers with updated resources. Rapid growth in the field of ICT increases theresponsibility of decision-makers in terms of whether to invest or not. This research aims to support such decision makingby providing a comprehensive framework for the evaluation of ICT investment. Return on investment (ROI) is thecommon method used to assess the benefits generated from any type of investment using financial factors. However, thisresearch primarily supports the importance of measuring value on investment (VOI) from ICT investments. This type ofevaluation will provide more comprehensive results based on the influence of stakeholders through investments. The vastliterature reviewed in this article discusses the limitations of ROI and evaluates ICT investment to present severalpractitioners’ points of view regarding its limitations and importance. Finally, this research proposes a five-phased strategyof evaluation involving investments, exploring from the point of investment until impact is made on the stakeholder. Astepwise description of the framework is presented in the methodology section to guide decision-makers in the furtherimplementation of this technique to protect their assets and evaluate the investments in an extensive way. Asian Research Publishing Network 2015 Article PeerReviewed Saleem, F. and Salim, N. and Al-Ghamdi, A. A. M. and Ullah, Z. (2015) Building framework for ICT investments evaluation: value on investment perspective. ARPN Journal Of Engineering And Applied Sciences, 10 (3). pp. 1074-1079. ISSN 1819-6608 http://www.arpnjournals.com/jeas/research_papers/rp_2015/jeas_0215_1563.pdf
institution Universiti Teknologi Malaysia
building UTM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Malaysia
content_source UTM Institutional Repository
url_provider http://eprints.utm.my/
topic QA75 Electronic computers. Computer science
spellingShingle QA75 Electronic computers. Computer science
Saleem, F.
Salim, N.
Al-Ghamdi, A. A. M.
Ullah, Z.
Building framework for ICT investments evaluation: value on investment perspective
description Innovation in the field of information and communication technology (ICT) requires organizations to makeprompt investments in providing customers with updated resources. Rapid growth in the field of ICT increases theresponsibility of decision-makers in terms of whether to invest or not. This research aims to support such decision makingby providing a comprehensive framework for the evaluation of ICT investment. Return on investment (ROI) is thecommon method used to assess the benefits generated from any type of investment using financial factors. However, thisresearch primarily supports the importance of measuring value on investment (VOI) from ICT investments. This type ofevaluation will provide more comprehensive results based on the influence of stakeholders through investments. The vastliterature reviewed in this article discusses the limitations of ROI and evaluates ICT investment to present severalpractitioners’ points of view regarding its limitations and importance. Finally, this research proposes a five-phased strategyof evaluation involving investments, exploring from the point of investment until impact is made on the stakeholder. Astepwise description of the framework is presented in the methodology section to guide decision-makers in the furtherimplementation of this technique to protect their assets and evaluate the investments in an extensive way.
format Article
author Saleem, F.
Salim, N.
Al-Ghamdi, A. A. M.
Ullah, Z.
author_facet Saleem, F.
Salim, N.
Al-Ghamdi, A. A. M.
Ullah, Z.
author_sort Saleem, F.
title Building framework for ICT investments evaluation: value on investment perspective
title_short Building framework for ICT investments evaluation: value on investment perspective
title_full Building framework for ICT investments evaluation: value on investment perspective
title_fullStr Building framework for ICT investments evaluation: value on investment perspective
title_full_unstemmed Building framework for ICT investments evaluation: value on investment perspective
title_sort building framework for ict investments evaluation: value on investment perspective
publisher Asian Research Publishing Network
publishDate 2015
url http://eprints.utm.my/id/eprint/57987/
http://www.arpnjournals.com/jeas/research_papers/rp_2015/jeas_0215_1563.pdf
_version_ 1729703222906454016
score 13.222552