Assessment of cloud computing readiness of financial institutions in South Africa

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dc.contributor.advisorVan Belle, Jean-Paulen_ZA
dc.contributor.authorAkande, Akinlolu Olumideen_ZA
dc.date.accessioned2014-10-17T10:06:29Z
dc.date.available2014-10-17T10:06:29Z
dc.date.issued2014en_ZA
dc.descriptionIncludes bibliographical references.en_ZA
dc.description.abstractCloud Computing (CC) is becoming popular among organisations from different industries in South Africa (SA) because of its promises such as cost reduction, on demand self-service, broad access network, resource pooling, rapid elasticity, measured service, little or no set up capital and faster time to market. As a result, many organisations are already in the early stages of their CC implementation while others are planning to adopt CC. Although CC promises many benefits, it is equally important to note that there are some barriers to its adoption which needs to be considered before adoption in order to ensure implementation success. Proper understanding of these barriers and coming up with ways to mitigate them will improve the CC readiness level of organisations. Among the various industry sectors, the financial industry in SA has been one of the early adopters of CC but they have not fully implemented it because of barriers such as security and privacy (Vignos, Kim, & Metzer, 2013), governance issues, inadequate cloud service level agreements (SLAs), vendor lock in, poor vendor transparency, inability to assess risks, confidentiality, integrity and availability. Because CC is relatively new and is still in its early stages, not much work has been done to inform organisations about the barriers and enablers of CC. Available guidelines to help organisations improve their CC readiness level are also inadequate. This is risky for financial institutions that deal with sensitive customer information as the safety of that information is not guaranteed if a desired readiness level is not attained before implementation.en_ZA
dc.identifier.apacitationAkande, A. O. (2014). <i>Assessment of cloud computing readiness of financial institutions in South Africa</i>. (Thesis). University of Cape Town ,Faculty of Commerce ,Department of Information Systems. Retrieved from http://hdl.handle.net/11427/8503en_ZA
dc.identifier.chicagocitationAkande, Akinlolu Olumide. <i>"Assessment of cloud computing readiness of financial institutions in South Africa."</i> Thesis., University of Cape Town ,Faculty of Commerce ,Department of Information Systems, 2014. http://hdl.handle.net/11427/8503en_ZA
dc.identifier.citationAkande, A. 2014. Assessment of cloud computing readiness of financial institutions in South Africa. University of Cape Town.en_ZA
dc.identifier.ris TY - Thesis / Dissertation AU - Akande, Akinlolu Olumide AB - Cloud Computing (CC) is becoming popular among organisations from different industries in South Africa (SA) because of its promises such as cost reduction, on demand self-service, broad access network, resource pooling, rapid elasticity, measured service, little or no set up capital and faster time to market. As a result, many organisations are already in the early stages of their CC implementation while others are planning to adopt CC. Although CC promises many benefits, it is equally important to note that there are some barriers to its adoption which needs to be considered before adoption in order to ensure implementation success. Proper understanding of these barriers and coming up with ways to mitigate them will improve the CC readiness level of organisations. Among the various industry sectors, the financial industry in SA has been one of the early adopters of CC but they have not fully implemented it because of barriers such as security and privacy (Vignos, Kim, & Metzer, 2013), governance issues, inadequate cloud service level agreements (SLAs), vendor lock in, poor vendor transparency, inability to assess risks, confidentiality, integrity and availability. Because CC is relatively new and is still in its early stages, not much work has been done to inform organisations about the barriers and enablers of CC. Available guidelines to help organisations improve their CC readiness level are also inadequate. This is risky for financial institutions that deal with sensitive customer information as the safety of that information is not guaranteed if a desired readiness level is not attained before implementation. DA - 2014 DB - OpenUCT DP - University of Cape Town LK - https://open.uct.ac.za PB - University of Cape Town PY - 2014 T1 - Assessment of cloud computing readiness of financial institutions in South Africa TI - Assessment of cloud computing readiness of financial institutions in South Africa UR - http://hdl.handle.net/11427/8503 ER - en_ZA
dc.identifier.urihttp://hdl.handle.net/11427/8503
dc.identifier.vancouvercitationAkande AO. Assessment of cloud computing readiness of financial institutions in South Africa. [Thesis]. University of Cape Town ,Faculty of Commerce ,Department of Information Systems, 2014 [cited yyyy month dd]. Available from: http://hdl.handle.net/11427/8503en_ZA
dc.language.isoengen_ZA
dc.publisher.departmentDepartment of Information Systemsen_ZA
dc.publisher.facultyFaculty of Commerceen_ZA
dc.publisher.institutionUniversity of Cape Town
dc.titleAssessment of cloud computing readiness of financial institutions in South Africaen_ZA
dc.typeMaster Thesis
dc.type.qualificationlevelMasters
dc.type.qualificationnameMComen_ZA
uct.type.filetypeText
uct.type.filetypeImage
uct.type.publicationResearchen_ZA
uct.type.resourceThesisen_ZA
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