UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 5 Issue 10
October-2018
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIRH006007


Registration ID:
189674

Page Number

22-25

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Title

Benefits Of Adopting Cloud Computing Systems By Indian Banks

Abstract

Customer satisfaction and convenience has been one of the major factors forcing banks in India and globally to implement cloud computing methods. Traditionally banks were catering to limited customers and with the explosion of the information technology the demands from the customers has increased manifold and banks are forced to take adopt cloud computing to meet the requirements of the customers. Another important issue is with regard to the huge volumes of data handled by the banks, which necessitates the usage of cloud space for storage of data. Banks undertake different kinds of analysis for improving customer experience and also to retain their customers due to stiff competition from other banks. Many banks and financial institutions worldwide have implemented cloud and as a result India is emerging as a big market for global giants like Google, Amazon Web Services and Microsoft to invest in local data centers to tap the growing opportunity from Indian firms to host their applications on the cloud. With this background, the paper will bring out the meaning of cloud computing and discuss the advantages in adopting cloud-based computing with reference to the banking sector in India. It discusses the advantages of such a system, in addition to sharing a few success stories of banks that have adopted this system. The paper will be concluded by briefly mentioning the challenges that the industry is facing as the concept of cloud is in the developing phase in India.

Key Words

Cloud computing, Banking Sector

Cite This Article

"Benefits Of Adopting Cloud Computing Systems By Indian Banks", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 10, page no.22-25, October-2018, Available :http://www.jetir.org/papers/JETIRH006007.pdf

ISSN


2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Benefits Of Adopting Cloud Computing Systems By Indian Banks", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 10, page no. pp22-25, October-2018, Available at : http://www.jetir.org/papers/JETIRH006007.pdf

Publication Details

Published Paper ID: JETIRH006007
Registration ID: 189674
Published In: Volume 5 | Issue 10 | Year October-2018
DOI (Digital Object Identifier):
Page No: 22-25
Country: Coimbatore, Tamilnadu, India .
Area: Commerce
ISSN Number: 2349-5162
Publisher: IJ Publication


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