Implementation of Management Information System in Nordic energy business: A case study

Juha P. Lahti*, Tomi Mäkipelto, Ahm Shamsuzzoha, Timo Kankaanpää

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingConference contribution

6 Citations (Scopus)

Abstract

Energy business actors operating in the open energy market in Nordic countries like Finland, Sweden, Norway and Denmark are under intensive market pressure. This pressure forces the energy business actors continuously to improve their Management Information Systems (MIS). The power production portfolio in an individual energy business actor is affected by strategic decisions in longer period and power trading variables in the shorter period. In order to optimize the strategic decisions and power trading variables, this research study presents an overall definition of the MIS, specifically emphasize on its implementation perspectives on the energy market. In this paper, the authors presented a case study research as conducted within the Nordic energy sector with the objectives to implement the MIS and its solution perspective in the energy business sector. This study also presents the fundamentals of the case company's MIS architecture, its related challenges and future perspectives.

Original languageEnglish
Title of host publicationProceedings - 2011 9th International Conference on ICT and Knowledge Engineering, ICT and KE 2011
Pages171-176
Number of pages6
DOIs
Publication statusPublished - 2011
Externally publishedYes
Event9th International Conference on ICT and Knowledge Engineering, ICT and KE 2011 - Bangkok, Thailand
Duration: Jan 12 2012Jan 13 2012

Publication series

NameInternational Conference on ICT and Knowledge Engineering
ISSN (Print)2157-0981
ISSN (Electronic)2157-099X

Other

Other9th International Conference on ICT and Knowledge Engineering, ICT and KE 2011
Country/TerritoryThailand
CityBangkok
Period1/12/121/13/12

Keywords

  • Nordic power markets
  • data warehouse
  • energy business
  • management information systems

ASJC Scopus subject areas

  • Computer Networks and Communications
  • Computer Science Applications
  • Information Systems

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