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 language | English |
|---|---|
| Title of host publication | International Conference on ICT and Knowledge Engineering |
| Pages | 171-176 |
| Number of pages | 6 |
| DOIs | |
| Publication status | Published - 2011 |
| Event | 9th International Conference on ICT and Knowledge Engineering, ICT and KE 2011 - Bangkok, Thailand Duration: Jan 12 2012 → Jan 13 2012 |
Other
| Other | 9th International Conference on ICT and Knowledge Engineering, ICT and KE 2011 |
|---|---|
| Country | Thailand |
| City | Bangkok |
| Period | 1/12/12 → 1/13/12 |
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Keywords
- data warehouse
- energy business
- management information systems
- Nordic power markets
ASJC Scopus subject areas
- Computer Networks and Communications
- Computer Science Applications
- Information Systems
Cite this
Implementation of Management Information System in Nordic energy business : A case study. / Lahti, Juha P.; Mäkipelto, Tomi; Shamsuzzoha, Ahm; Kankaanpää, Timo.
International Conference on ICT and Knowledge Engineering. 2011. p. 171-176 6152401.Research output: Chapter in Book/Report/Conference proceeding › Conference contribution
}
TY - GEN
T1 - Implementation of Management Information System in Nordic energy business
T2 - A case study
AU - Lahti, Juha P.
AU - Mäkipelto, Tomi
AU - Shamsuzzoha, Ahm
AU - Kankaanpää, Timo
PY - 2011
Y1 - 2011
N2 - 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.
AB - 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.
KW - data warehouse
KW - energy business
KW - management information systems
KW - Nordic power markets
UR - http://www.scopus.com/inward/record.url?scp=84858775387&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84858775387&partnerID=8YFLogxK
U2 - 10.1109/ICTKE.2012.6152401
DO - 10.1109/ICTKE.2012.6152401
M3 - Conference contribution
SN - 9781457721601
SP - 171
EP - 176
BT - International Conference on ICT and Knowledge Engineering
ER -