Abstract
The Value Delivery Modeling Language (VDML) is an Object Management Group (OMG) standard for the analysis and design of value creation and value capture in enterprise operations. Although the VDML 1.0 specification was published in October 2015, little is known about the application of value modeling with VDML. We report in this paper (an earlier, unpublished version of this paper was presented at the 12th International Workshop on Value Modeling and Business Ontologies, which was held in Amsterdam on 26--27 February 2018) on the practice of applying VDML for value co-creation design using the Value Management Platform (VMP) tool of the Dutch company VDMbee. Neither the VMP user guide nor the VDML specification prescribe how to perform value modeling. Therefore, we analyze value co-creation design with the VMP in a case-study of a low-cost carrier. By identifying, extracting, and making explicit the applied method of value co-creating design, we contribute to a better understanding of the practice of value modeling with VDML.
Original language | English |
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Title of host publication | Exploring Service Science |
Subtitle of host publication | 9th International Conference, IESS 2018. Karlsruhe, Germany, September 19–21, 2018. Proceedings |
Editors | Gerhard Satzger, Lia Patrício, Mohamed Zaki, Niklas Kühl, Peter Hottum |
Place of Publication | Cham |
Publisher | Springer International Publishing AG |
Pages | 399-413 |
Number of pages | 14 |
Volume | 331 |
ISBN (Electronic) | 9783030007133 |
ISBN (Print) | 9783030007126 |
DOIs | |
Publication status | Published - Sep 2018 |
Event | International Conference on Exploring Service Science: Exploring Service Systems in the Digital Era - Karlsruhe, Germany Duration: 19 Sep 2018 → 21 Sep 2018 http://iess2018.ksri.kit.edu/ |
Publication series
Series | Lecture Notes in Business Information Processing |
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Conference
Conference | International Conference on Exploring Service Science |
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Abbreviated title | IESS 2018 |
Country | Germany |
City | Karlsruhe |
Period | 19/09/18 → 21/09/18 |
Internet address |
Keywords
- Value modeling
- Value co-creation design
- Value Delivery Modeling Language
- Value Management Platform