The challenges of implementing cloud computing in the South African financial sector
Date
2022
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
University of the Witwatersrand, Johannesburg
Abstract
This study aimed to explore the implementing challenges of cloud computing in the
South African financial services sector, the interrelationships of the challenges and
additional challenges.
The study sought to address three questions which are as follows, (1) What are the
challenges of are implementing cloud computing in the financial services sector?
(2) What are the interrelationships between cloud computing challenges? (3) What
are the other ranked challenges of implementing cloud computing in the financial
services sector?
To answer these questions, the study explored Scaled Agile Framework (SAFe), an agile and lean methodology. The framework is for scaling large organisations,
including the financial services sector. According to the conceptual model, the six identified cloud computing implementation challenges were assumed to be affecting SAFe.
The conceptual model was tested based on an online survey using Qualtrics. The collected responses were analysed using Statistical Package for the Social
Sciences (SPSS) software. The data analysed was from seventy-six cloud computing users from South Africa financial services sector. The research findings
showed that the challenges of implement cloud computing had an impact on the South African financial services sector. Although the research questions were
answered, the identified challenges of implementing cloud computing in the financial services sector were not all aligned with the opinions of the literature
review. The details of the study can be used as a guide in implementing cloud computing solution in the financial services sector to reduce failure rate.
Description
A research report submitted in partial fulfillment of the requirements for the degree of Master of Business Administration to the Faculty of Commerce, Law and Management,Wits Business School, University of the Witwatersrand, Johannesburg, 2022
Keywords
South African, Challenges implementing, financial sector, UCTD
Citation
Dume, Kudzayi Claris. (2022). The challenges of implementing cloud computing in the South African financial sector [Master’s dissertation, University of the Witwatersrand, Johannesburg].WireDSpace.