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Probabilistic Inference Hybrid IT Value Model Using Bayesian Network

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In this study, we propose probabilistic inference model on a hybrid IT value model using Bayesian Network (BN) that represents uncertain relationships between 13 variables of the model. Those variables… Click to show full abstract

In this study, we propose probabilistic inference model on a hybrid IT value model using Bayesian Network (BN) that represents uncertain relationships between 13 variables of the model. Those variables are performance, market, innovation, IT support, core competence, capabilities, knowledge, human resources, IT development, IT resources, capital, labor, and IT spending. The relationships between variables in the model are determined using probabilistic approach, including the structure, nature, and direction of relationships. We derive a probabilistic graphical model and measure the relationships between variables. The results of this study shows that the probabilistic approach with Bayesian Network can show that capabilities and core competence are the most important variables to produce high performance output.

Keywords: bayesian network; probabilistic inference; hybrid value; value model; model

Journal Title: International Journal on Electrical Engineering and Informatics
Year Published: 2020

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