Valuing Technology Investments
DOWNLOAD
Download Valuing Technology Investments PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Valuing Technology Investments book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
Valuing Technology Investments
DOWNLOAD
Author : Paul Steffens
language : en
Publisher:
Release Date : 2013
Valuing Technology Investments written by Paul Steffens and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with categories.
Real options valuation (ROV) has recently been proposed as a promising solution to the deficiencies of traditional valuation methods when facing risky technology investments or ventures. Indeed 'real option thinking' - the managerial flexibility to capitalise on opportunities when they arise and/or to minimise the impact of threats - is precisely what is needed when faced with the uncertain future of technology investments. Notwithstanding this we argue that traditional decision tree analysis methods are preferred to ROV techniques when valuing technology investments that contain 'real options'. Our reasoning is twofold. First, ROV techniques provide a sophisticated treatment of market risks, but do not deal with firm-specific risks. However, the elevated risk facing technology ventures is predominantly firm-specific risk, and these ventures face only about average levels of market risk. Second, ROV has a severe practical limitation in the context of new technology ventures. Normally, the favoured approach when using ROV to value investments is to use the 'market asset disclaimer' assumption. The starting point is to value the venture/project in the absence of the 'real options' using traditional discounted cash flow techniques (to establish the value of the underlying asset). ROV analysis then adjusts this valuation to take account of the real options. But the first step makes no sense for technology ventures because these 'real options' are an integral part of the venture.
Roi For Technology Projects
DOWNLOAD
Author : D. Brian Roulstone
language : en
Publisher: Routledge
Release Date : 2008
Roi For Technology Projects written by D. Brian Roulstone and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Business & Economics categories.
With increased scrutiny of technology spending by the most complex organizations in the world, technology leaders need a 'tool kit' to help them prepare for hard-hitting discussions with their organization's CFO, president, CEO, or chairman about the return they should expect from critical technology projects. Rather than focusing top managers' attention on cutting, challenging, and controlling expenditures (as many C-level accountants prefer to do), this approach guides technology managers in providing executives with more comprehensive, balanced information that helps all involved make better business decisions. Along the way, it helps technology managers communicate more effectively with the financial decision makers in their organizations.-
The Dark Side Of Valuation
DOWNLOAD
Author : Aswath Damodaran
language : en
Publisher: FT Press
Release Date : 2001
The Dark Side Of Valuation written by Aswath Damodaran and has been published by FT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Business & Economics categories.
Concurrent with the rise of technology companies, particularly dot.coms. there has been a disquiet among investors. Just what is their worth? How do you assess them as an investor? This book, by Damodaran, who is considered the world's leading authority on valuation, answers these questions and more.
Valuation Of Internet And Technology Stocks
DOWNLOAD
Author : Brian Kettell
language : en
Publisher: Butterworth-Heinemann
Release Date : 2002-04-09
Valuation Of Internet And Technology Stocks written by Brian Kettell and has been published by Butterworth-Heinemann this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-04-09 with Business & Economics categories.
New ways of looking, researching and valuing these companies need to be addressed. Valuation of Internet and Technology Stocks offers practical information to enable institutional investors to value internet.coms and high tech companies more accurately. The author highlights the deficiencies in existing stock market techniques and shows how they need to be modified or, in most cases, replaced with techniques more suited for the revolution in economies which had taken place since 1991. The economic rules in the financial market place have changed to the extent that strategies successfully applied in the post war era have now been relegated to the deleted items box. 'Valuation on Internet and Technology Stocks' reviews existing stock market techniques highlighting their deficiencies and show how the New Economics necessitates new forms of investment analysis. * Investigates why there has been a high correlation between high loss companies and a rocketing stock price * Questions whether there is still a place for discounted cash flows when there is no cash flow to discount * Considers what new methods are available to value super growth companies and whether these methods are any better than existing techniques
The It Payoff
DOWNLOAD
Author : Sarv Devaraj
language : en
Publisher: FT Press
Release Date : 2002
The It Payoff written by Sarv Devaraj and has been published by FT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Business & Economics categories.
In an era when IT budgets are being cut as indiscriminately as they were once increased, this book offers the first systematic guide to measuring the true impact of IT spending--and making rational decisions about which projects to fund.
Technology Valuation Solutions
DOWNLOAD
Author : F. Peter Boer
language : en
Publisher: John Wiley & Sons
Release Date : 2004-08-30
Technology Valuation Solutions written by F. Peter Boer and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-08-30 with Business & Economics categories.
A better way to value the profitability and risk of R&D projects New technology and R&D initiatives affect companies in both the service and manufacturing sector. It's estimated that half a trillion dollars is spent worldwide each year on such efforts. Technology Valuation Solutions + website offers a methodology along with illustrative cases for valuing the profitability and risk of R&D projects. A companion to Boer's earlier work, The Valuation of Technology (978-0-471-31638-1), this book provides additional material that will help readers assess a wide variety of projects and business scenarios. In addition to the in-depth case studies, this book includes a website featuring valuation templates that readers can customize for their own individual needs.
Valuation Of Information Technology Investments A Real Options Perspective
DOWNLOAD
Author :
language : pt-BR
Publisher:
Release Date : 2004
Valuation Of Information Technology Investments A Real Options Perspective written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with categories.
Com o crescimento da participação da indústria tecnológica na economiaglobal durante a última década, a avaliação de investimentos em tecnologia deinformação, ou TI, vem merecendo cada vez mais atenção por profissionais eestudiosos de finanças. No entanto, devido às características dinâmicas e incertasdos projetos de TI, as ferramentas tradicionais de orçamentação de capital não sãoadequadas para avaliar este tipo de investimento. Por outro lado, a aplicação dométodo das opções reais permite uma forma de se quantificar a geração de valorem investimentos com características semelhantes aos investimentos em TI. Esteestudo visa justamente aplicar a teoria das opções reais na avaliação deinvestimentos em tecnologia da informação. Para isso, relacionam-se dois dosprincipais modelos de avaliação de investimentos em tecnologia da informação, baseados em opções reais. Os modelos adotados levam em conta as incertezas noscustos e nos benefícios do projeto, além da possibilidade da ocorrência de umevento catastrófico, que proporcionaria o fim do projeto. No presente trabalho, avalia-se a decisão de investimento tanto para projetos de pesquisa edesenvolvimento quanto para projetos de aquisição e desenvolvimento de ativosde TI. Uma atenção especial foi dada à solução numérica dos modelos. Métodosnuméricos baseados em simulação de Monte Carlo foram analisados e utilizadospara resolver os exemplos.
Making Technology Investments Profitable
DOWNLOAD
Author : Jack M. Keen
language : en
Publisher: John Wiley & Sons
Release Date : 2011-03-31
Making Technology Investments Profitable written by Jack M. Keen and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-03-31 with Business & Economics categories.
A guide to getting the crucial business case right?every time Showing professionals how to calculate the value of typical budgeting and funding requests quickly and easily, Making Technology Investments Profitable, Second Edition applies the "Value Realization" process, using proven strategies that maximize the business payoff from IT projects. Filled with case studies, this innovative book enables managers to confidently quantify, in a matter of minutes, the true business value of funding a desired project. New edition explains how to proactively manage the conversion of a business case's value promise to its value realization Includes dozens of new case studies on realizing maximum value from IT enabled investments from various industries and around the world New checklists and tables A dedicated Web site containing additional material, case studies, chat rooms, and blogs on the value-realization process The Second Edition provides senior executives, project managers, and technical staff with new insights on how to get the crucial business case right, while also explaining how to proactively manage the conversion of the business case's value promise into the value reality of a completed project.
Tech Stock Valuation
DOWNLOAD
Author : Mark Hirschey
language : en
Publisher: Academic Press
Release Date : 2003-06-17
Tech Stock Valuation written by Mark Hirschey and has been published by Academic Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-06-17 with Business & Economics categories.
The contribution of research and development to a company's market value has grown considerably in recent years. In the mid-1970s, accountants were able to capture on their ledgers 90-95% of a firm's book value, but by 2000 the importance of intangible assets had grown to the point where they could account for only 13-15%. Financial economists and accountants have investigated the link between a firm's market value and its R & D spending, and various factions advocate a variety of positions on the amount and rate of investment, investors' ability to capture returns on that investment, and ways to measure value, investment, and returns. 'Tech Stock Valuation' extends the R & D literature by providing detailed direct evidence on the market value implications of inventive and innovative output. Specifically, the book demonstrates that stock-price effects of patent output are most pronounced in the case of of high-quality patents, where patent quality is measured by scientific merit. Scientific measures of patent quality give tech stock investors and R & D managers a valuable new tool that can be used to measure R & D program effectiveness. At the same time, it gives investors a new tool to help them assess the value of hard-to-measure intangible assets. *Provides detailed direct evidence on the market value implications of inventive and innovative output *Based on recent research, much of which Dr. Hirschey has pioneered *Gives financial professionals a new tool for assessing R & D quality and its relation to market valuation.
Making Technology Investments Profitable
DOWNLOAD
Author : Jack M. Keen
language : en
Publisher: Wiley-VCH
Release Date : 2003-01-07
Making Technology Investments Profitable written by Jack M. Keen and has been published by Wiley-VCH this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-01-07 with Business & Economics categories.
This book helps executives and managers increase IT project success by using a process for identifying the true ROI value for proposed IT investments, and then tracking project results against that standard. Technology ROI provides an abundance of pragmatic tips, tools, and techniques to make the process easy to understand.