Simplicity in application development for business Model Design

Abstract

Discussing business models of companies and organizations has increased in recent years, particularly from an economics perspective. And so has the interest in creating graphical representations that emphasize essential factors. However, feasible implementations of modeling tools are rare, as they tend to be domain specific but at the same time tailored towards the requirements of a heterogeneous group of stakeholders. As ideally the latter should be encouraged to express their needs in a simple but meaningful way, the author researches the application of the eXtreme Model Driven Design (XMDD) approach to model critical parts of an application in order to keep it as simple as possible for participants to contribute to the development process. © Springer-Verlag Berlin Heidelberg 2013.