Banking and cloud computing

Abstract

Cloud computing is an emerging technology in future times. Business applications have become the largest market for cloud services. The biggest problem in the current scenario in banking is that the banking sector is booming and for that continues changes are occurring for that, the high cost of implementing advanced technologies and the efficient use of hardware is necessary. A large number of banks are now adopting clouds technology to fulfil their needs. This paper provides an insight into how cloud computing can be effectively used through Banking sector.