To measure the business performance through cloud computing adoption in Indian scenario: structural equation modelling

Abstract

The purpose of this research article is to measure the business performance through cloud computing adoption in Indian industries. Data collection was done through a questionnaire-based survey that was completed by 660 managers from Indian industries. The derived hypotheses were tested using structural equation modelling. The results show that six out of eight hypotheses were supported for cloud computing adoption to measure business performance. The research model has been tested empirically through three phases: exploratory factor analysis (EFA), confirmatory factor analysis (CFA) and structural equation modelling (SEM). The findings are: 1) trust is having a major impact on cloud computing adoption followed by perceived IT security risk, technology innovation, risk analysis, management style; 2) usage of technology and industry use are having very insignificant effect on cloud adoption rate. This research identified 'trust' as a major factor influencing the cloud adoption rate.