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Web 3.0 Approach to Corporate Information Systems Evolution

Author

Listed:
  • Valentin Kisimov

    (University of National and World Economy, Sofia, Bulgaria)

Abstract

The new "Web 3.0" technology has not well matured enough yet, but there are many efforts to implement it for the needs of Corporate Information Systems (CIS). The CIS generally serve to support corporate business and encompass modules dedicated to maintaining the core corporate activities, such as banking transactions (for banking CIS), the management of the production lines (for industrial CIS), supply-chain management (for Logistic CIS), etc. The CIS have evolved over the years and their components are based on non-Web technologies and Web 1.0 or Web 2.0 technologies. With the new era of Web 3.0 technology, the CIS have to be transformed (re-engineered) so as to work with Web 3.0 principles. This transformation can be made along a few lines: converting Web 3.0 to Web 1.0 or Web 2.0 technologies (with missing functionalities); separating the Web 3.0 elements from the other CIS and providing special integration features; converting the non-Web technologies, Web 1.0 or Web 2.0 technologies into Web3.0 principles of operation and achieving an integrated CIS working with Web 3.0 principles. The purpose of the current paper is to present a new approach for the re-engineering of the existing (legacy) CIS, integrating Web 3.0 elements and working with the Web 3.0 principles.

Suggested Citation

  • Valentin Kisimov, 2012. "Web 3.0 Approach to Corporate Information Systems Evolution," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 2, pages 5-19, April.
    • Handle: RePEc:nwe:eajour:y:2012:i:2:p:5-19
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    More about this item

    Keywords

    Corporate Information Systems; Web 2.0; Web 3.0; ICT Architectural Bleuprint; Conceptual ICT Architecture;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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