In today's fast-paced technological landscape, businesses must adapt to evolving business models and harness the power of data to thrive. Small and Medium-sized Enterprises (SMEs) face significant challenges in aligning IT infrastructure with business objectives while navigating digital...

Facing the opportunities and threats arising from digitalization, traditional brick-and-mortar companies are increasingly following the lead of digital natives and seeking speed in the development of digital value propositions. This ability hinges on the flexibility and evolvability of each...

In this paper, we estimate the overall value of an Information Communication Technology (ICT) infrastructure project, which supports a number of future investment opportunities. We treat these opportunities as Real Options (RO) and assume that there is competition threat that can influence...