Using the AHP methodology to evaluate strategic investment alternatives of new paradigms in information technology

Ristova, Emilija and Panov, Zoran and Sijakova-Ivanova, Tena (2012) Using the AHP methodology to evaluate strategic investment alternatives of new paradigms in information technology. International Journal of Engineering Science and Technology (IJEST), 4 (2). pp. 710-715. ISSN 0975-5462

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Abstract

Enterprise adoption of a Product Life Cycle Management (PLM) system is a multi-faceted process that can be simplified by choosing the right information technology (IT) deployment model. Cloud computing has been described as a technological change brought about by the convergence of a number of new and existing technologies. The paper provides a review of the main developments in the AHP (Analytical Hierarchy Process) methodology as a tool for decision makers to be able to do more informed decisions regarding investments in new paradigms that IT offers. The AHP methodology is a multi-objective, multi criteria decision-making approach that employs a pair-wise comparison procedure to arrive at a scale of preferences among a set of alternatives. The selection process of the alternatives is not possible from the result of the financial analysis alone. Identification of the scalability and the risks assessment as criteria’s give us the comprehensiveness of the treated problem. Keywords: AHP Methodology; adoption; PLM software system.

Item Type: Article
Subjects: Engineering and Technology > Other engineering and technologies
Divisions: Faculty of Natural and Technical Sciences
Depositing User: Zoran Panov
Date Deposited: 14 Dec 2012 09:05
Last Modified: 14 Dec 2012 09:05
URI: http://eprints.ugd.edu.mk/id/eprint/3605

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