IT management focuses on planning and developing new IT solutions. The importance of production (operation, support, maintenance) and further development of existing solutions is often neglected, although these tasks are responsible for the majority of today’s IT costs. The paper presents the results of a survey of the life cycle costs of 30 IT application systems. Within the survey, the distri...

Easy access of Internet has revolutionized the concept of electronic commerce. As the bulk of business transactions shifts to electronic media, we have business collaborations being negotiated between previously unknown partners. Thus a Contract is the key to a successful business relationship. We foresee a need for a unified contract management in order to achieve coherent business operations....

In a business atmosphere changes are ever occurring incidents which are supported by Information Technologies and there should be proper management techniques to handle these changes effectively. Also business processes must be aligned to IT to ensure the proper functionality of their services even after changes are propagated. Services might be moved, or relocated and may undergo changes durin...

Much of the macroeconomics literature dealing with wealth distribution has become abstracted from modeling housing explicitly. This paper investigates the properties of the wealth distribution and the portfolio composition regarding housing and equity holdings and their relationship to macroeconomic shocks. To this end, I construct a business cycle model in which agents differ in age, income, a...