Cloud Computing use in E-banking

Laxmi Raj Joshi · 2014

In this paper, we examine how cloud computing is rapidly grows in government across the globe, from Europe to Asia to America. The concept of Cloud computing has spread rapidly through the e-banking. Cloud computing helping nations make great gains through addressing major healthcare, education, and other societal issues. Cloud computing is expected to be one of the fastest-growing technologies in the coming years. Business applications will be the largest market for cloud services pend- ing, with a gradual transition from on-premise to cloud-based services especially for general business applications like customer relationship management (CRM) and enterprise resource planning (ERP). Banks are expected to enter the cloud computing arena cautiously, with no single cloud services delivery model being a silver bullet for best meeting their demanding business needs. Cloud computing can offer financial institutions a number of advantages.

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