Cloud computing adoption challenge in case of commercial bank of ethiopia

Cloud computing will be the rapid revolution in the Computer Science and Information Technology field. It represents the development trend in the IT industry from hardware to software, software to services, and distributed service to centralized service. Following the vision of CBE to be a world class bank in 2025 G.C the growth of the internet, mobiles and communication technology has added a different dimension to banking technology. The bank with growing demand of the business expands and maintenanceits IT infrastructure for excellent service provision to its customers. Cloud computing creates cost savings, improves speed of service, expands operational flexibility for users and reduces risks in information technology (IT) deployment. The papers also address the banking application software’s company experience in cloud computing environment to boost the banking service. In this paper, aim to pinpoint the challenges and issues of cloud computing security and privacy issues, availability of strong band width telecom service present a strong barrier to adopt cloud computing systems in Commercial bank of Ethiopia. We identified several challenges from the cloud computing adoption perspective and issue that deserves substantial further research and development.