Abstract
The cloud computing has emerged and become one of the most influential information technology (IT) development trends recently. The cloud computing can be used to enhance the operation efficiency and reduce the operating cost concurrently for firms in general and financial institutes in special. Albeit the cloud computing seems attractive to banking services from the aspects of cost minimization, service value maximization, and thus, competitive advantage achievement, barriers still exist for the introduction of cloud computing by banks. In order to enable the cloud based banking services, IT strategies should be introduced for overcoming the obstacles, including the security, system configuration, and other related issues. Based on the empirical study results by surveying an expert from one of the Taiwanese leading banks, the rapid deployment strategy, the multi-tenant technology, and huge data processing capabilities were regarded as the most important strategies.
Original language | English |
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Title of host publication | Intelligent Decision Technologies - Proceedings of the 3rd International Conference on Intelligent Decision Technologies, IDT'2011 |
Pages | 123-134 |
Number of pages | 12 |
Volume | 10 SIST |
DOIs | |
Publication status | Published - 2011 Dec 1 |
Event | 3rd International Conference on Intelligent Decision Technologies, IDT'2011 - Piraeus, Greece Duration: 2011 Jul 20 → 2011 Jul 22 |
Other
Other | 3rd International Conference on Intelligent Decision Technologies, IDT'2011 |
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Country | Greece |
City | Piraeus |
Period | 11/7/20 → 11/7/22 |
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Keywords
- Cloud based banking services
- Cloud computing
- Information technology
- Multiple criteria decision making (MCDM)
ASJC Scopus subject areas
- Decision Sciences(all)
- Computer Science(all)
Cite this
Derivations of information technology strategies for enabling the cloud based banking service by a hybrid MADM framework. / Huang, Chi-Yo; Tzeng, Wei Chang; Tzeng, Gwo Hshiung; Yuan, Ming Cheng.
Intelligent Decision Technologies - Proceedings of the 3rd International Conference on Intelligent Decision Technologies, IDT'2011. Vol. 10 SIST 2011. p. 123-134.Research output: Chapter in Book/Report/Conference proceeding › Conference contribution
}
TY - GEN
T1 - Derivations of information technology strategies for enabling the cloud based banking service by a hybrid MADM framework
AU - Huang, Chi-Yo
AU - Tzeng, Wei Chang
AU - Tzeng, Gwo Hshiung
AU - Yuan, Ming Cheng
PY - 2011/12/1
Y1 - 2011/12/1
N2 - The cloud computing has emerged and become one of the most influential information technology (IT) development trends recently. The cloud computing can be used to enhance the operation efficiency and reduce the operating cost concurrently for firms in general and financial institutes in special. Albeit the cloud computing seems attractive to banking services from the aspects of cost minimization, service value maximization, and thus, competitive advantage achievement, barriers still exist for the introduction of cloud computing by banks. In order to enable the cloud based banking services, IT strategies should be introduced for overcoming the obstacles, including the security, system configuration, and other related issues. Based on the empirical study results by surveying an expert from one of the Taiwanese leading banks, the rapid deployment strategy, the multi-tenant technology, and huge data processing capabilities were regarded as the most important strategies.
AB - The cloud computing has emerged and become one of the most influential information technology (IT) development trends recently. The cloud computing can be used to enhance the operation efficiency and reduce the operating cost concurrently for firms in general and financial institutes in special. Albeit the cloud computing seems attractive to banking services from the aspects of cost minimization, service value maximization, and thus, competitive advantage achievement, barriers still exist for the introduction of cloud computing by banks. In order to enable the cloud based banking services, IT strategies should be introduced for overcoming the obstacles, including the security, system configuration, and other related issues. Based on the empirical study results by surveying an expert from one of the Taiwanese leading banks, the rapid deployment strategy, the multi-tenant technology, and huge data processing capabilities were regarded as the most important strategies.
KW - Cloud based banking services
KW - Cloud computing
KW - Information technology
KW - Multiple criteria decision making (MCDM)
UR - http://www.scopus.com/inward/record.url?scp=84865701894&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84865701894&partnerID=8YFLogxK
U2 - 10.1007/978-3-642-22194-1_13
DO - 10.1007/978-3-642-22194-1_13
M3 - Conference contribution
AN - SCOPUS:84865701894
SN - 9783642221934
VL - 10 SIST
SP - 123
EP - 134
BT - Intelligent Decision Technologies - Proceedings of the 3rd International Conference on Intelligent Decision Technologies, IDT'2011
ER -