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A dynamic business model for component-based simulation software

A dynamic business model for component-based simulation software
A dynamic business model for component-based simulation software

Firms, investors, venture capitalists, market analysts and the government, amongst others, are interested in the future evolution and dynamics of a market as it defines their role/participation or future role/participation. This paper proposes a business model showing how the interactions of various actors in the market influence the "demand" and "supply" interaction for an application based software; more specifically component based simulation. In the process we also show how the main stakeholders may gain some financial benefits by adopting the component-based simulation for business decisions in the long run. We identify four main stakeholders: component users, component providers, certification providers, and repository providers. A system dynamic model is built to show the interaction between the two main stakeholders.

0891-7736
954-959
IEEE
Onggo, Stephan
8e9a2ea5-140a-44c0-9c17-e9cf93662f80
Soopramanien, Didier
690aaaab-6d33-4f25-8e0f-a17c3bd4325c
Pidd, Mike
f9dbfd44-5f6a-4038-b4bd-179ebf48d803
Onggo, Stephan
8e9a2ea5-140a-44c0-9c17-e9cf93662f80
Soopramanien, Didier
690aaaab-6d33-4f25-8e0f-a17c3bd4325c
Pidd, Mike
f9dbfd44-5f6a-4038-b4bd-179ebf48d803

Onggo, Stephan, Soopramanien, Didier and Pidd, Mike (2006) A dynamic business model for component-based simulation software. In Proceedings of the 2006 Winter Simulation Conference, WSC. IEEE. pp. 954-959 . (doi:10.1109/WSC.2006.323181).

Record type: Conference or Workshop Item (Paper)

Abstract

Firms, investors, venture capitalists, market analysts and the government, amongst others, are interested in the future evolution and dynamics of a market as it defines their role/participation or future role/participation. This paper proposes a business model showing how the interactions of various actors in the market influence the "demand" and "supply" interaction for an application based software; more specifically component based simulation. In the process we also show how the main stakeholders may gain some financial benefits by adopting the component-based simulation for business decisions in the long run. We identify four main stakeholders: component users, component providers, certification providers, and repository providers. A system dynamic model is built to show the interaction between the two main stakeholders.

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More information

Published date: 1 December 2006
Venue - Dates: 2006 Winter Simulation Conference, WSC, , Monterey, CA, United States, 2006-12-03 - 2006-12-06

Identifiers

Local EPrints ID: 433750
URI: http://eprints.soton.ac.uk/id/eprint/433750
ISSN: 0891-7736
PURE UUID: acbb8a2c-6185-4a93-bd15-89291c4da339
ORCID for Stephan Onggo: ORCID iD orcid.org/0000-0001-5899-304X

Catalogue record

Date deposited: 03 Sep 2019 16:30
Last modified: 27 Apr 2022 02:13

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Contributors

Author: Stephan Onggo ORCID iD
Author: Didier Soopramanien
Author: Mike Pidd

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