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
Y1 - 2011
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
T3 - Smart Innovation, Systems and Technologies
SP - 123
EP - 134
BT - Intelligent Decision Technologies - Proceedings of the 3rd International Conference on Intelligent Decision Technologies, IDT'2011
T2 - 3rd International Conference on Intelligent Decision Technologies, IDT'2011
Y2 - 20 July 2011 through 22 July 2011
ER -