Cloud Adoption In Indian Bank
Mrs.A.Vyani Jenita Mary, N.Mozhi Amizhdhu · Journal of Emerging Technologies and Innovative Research · 2018
Cloud computing is adopting that uses data stored on an external server, accessed via the Internet. It’s defined as unique, convenient, on-demand network access to a shared pool of configurable computing resources that can be rapidly provisioned and released with minimal management effort or service provider interaction. It is an evolutionary result of the improvements in digital networks and computing speed over the last decades. Banks are already widely using cloud computing for non-core and non-critical uses, such as human resources, e-mail, customer analytics, customer relationship management, and development and testing. While a few smaller banks either have transferred or are in the process of transferring entire core services. This brief looks into the relationship between banks and technology; presents an overview of the cloud model; outlines the model’s benefits, costs and risks; discusses risk management strategies; and predicts what the near future holds for cloud computing in banking