A Cloud Computing Framework for Ethiopian Banking Industry
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Date
2013-05
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Addis Ababa University
Abstract
Acquisition and use of information technology affect banks` on every front of their business
processes. Substantial, banks spend highinvestment on IT to position themselves for mergers or
acquisitions, to simply protect their competitive advantages, or to expand geographical coverage
into the marketplace. In today’s difficult business and economic climate challenged by complex
and changing customer and line of business needs, banksare confront problems in providing
necessary IT supports to deliver services to customers, partners, and employees anytime, on their
preferred device, through the optimum channel.The objective of this research work is to find an
alternative solution for acquisition and use of information technology to deliver efficient, flexible
and scalable IT services for leveraging Ethiopian Banking Industries from innovative
technologies.
Interview and a concise survey on cloud computing were used as the research methodology for
this study. Interview was selected for information acquisition method from the selected IT
managers of banks. On the other hand a concise survey of concerning literatures on the existing
state-of-the-art in Cloud provisioning, management and securitywere conducted. The overall
system architecture and its elements that form collaborative Cloud infrastructures in banking
sectors, and best practices on cloud-based service implementations from the early adopter banks
in the world also explored in this study.
The advantages of cloud computing for banking sectors, the limitations of current ICT usages in
EBI were briefly discussed in this research paper. Also, an alternative solution to the current ICT
utilizationslimitations in EBI is given. The study proposed Hybrid Cloud Computing model. The
result shows that the proposed cloud computing service framework can have a capabilities for
reducing IT investment cost and management complexity, efficient IT utilization for delivering
banking services andimprove collaboration among partners. When the proposed framework
implemented it could have significant importance to EBI.
Keywords: Cloud Computing, Ethiopian Banking Industries
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Keywords
Cloud Computing, Ethiopian Banking Industries