The hindrance of cloud computing acceptance within the financial sectors in Germany

Purpose: The purpose of this study is to develop a model called “IaaS adoption” to identify the various challenges and precise implications that hinder the adoption of infrastructure as a service (IaaS) in Germany. Design/methodology/approach: The model was validated by an online survey of 208 bank employees. Findings: The study found that the nine-five-circle factors (data security, risk and trust) and other factors proved to be statistically significant challenges for IaaS acceptance among banks in Germany. Originality/value: The adoption of cloud technology and its advantages is still a critical issue for the conventional banking sectors in Germany.