Strategic Management of Technological Frontiers in Banking: Challenges and Strategies for Cloud Adoption, Big Data Analytics, and AI Integration

Abstract

This study explores the strategic integration of cloud computing, big data analytics, and artificial intelligence (AI) in the banking sector, highlighting their transformative impact on operational efficiency, customer service, and competitive advantage. While previous studies have discussed these technologies individually, a gap remains in understanding how they can be strategically integrated to address specific challenges within the banking sector. This study addresses this gap by synthesizing existing literature and analyzing detailed case studies to identify best practices for overcoming these challenges. The findings provide actionable insights for banking institutions seeking to leverage these technologies effectively. Key recommendations include strengthening cybersecurity measures, fostering a culture of innovation, and ensuring compliance with evolving regulatory frameworks.