Pace Technologies pvt Ltd
Cloud computing is a delivery method of information systems that is being deployed by the financial industry. Software-as-a-Service (SaaS) is the more frequent model of this method in the industry. In this study the authors analyze factors that can enable firms in the financial industry to formulate cloud computing strategy from a foundational investment in SaaS. The authors learn that business and procedural factors are more critical than technical factors as drivers in an implementation strategy. The findings of the study contribute guidance into the formulation of strategy from initial investments in the technology.