EFFECTS OF INFORMATION AND COMMUNICATION TECHNOLOGY (ICT) ON SUSTAINED COMPETITIVE ADVANTAGE IN THE BANKING SECTOR (KENYA)

Author(s):  
◽  
Mr Poti Owili ◽  
Dr Isaac Ochieng (PhD) ◽  
◽  
2021 ◽  
pp. 187-209
Author(s):  
Sakgasit Ramingwong ◽  
Lachana Ramingwong ◽  
Trasapong Thaiupathump ◽  
Rungchat Chompu-inwai

AbstractAlthough it is an extremely important step to gain sustained competitive advantage in the era of Industry 4.0, the integration of Information and Communication Technology (ICT) and Cyber-Physical Systems (CPS) for smart logistics can be challenging. In order to successfully implement such technologies, it is crucial, particularly for SMEs, to self-evaluate their own readiness for integrating technologies for smart logistics. This research proposes a readiness model which can be used as a guideline before implementing technologies for smart logistics at the SMEs level. It describes essential elements in the integration of ICT and CPS for smart logistics, as well as the potential five stages of implementation, which are initial, trial, organized, automated, and optimized.


Author(s):  
Mahmud Akhter Shareef ◽  
Vinod Kumar ◽  
Uma Kumar ◽  
Abdul Hannan Chowdhury ◽  
Subhas C. Misra

Though many countries are still just beginning to grasp the potential uses and impacts of Electronic-government (EG), advances in technologies and their applications continue. Observing the proliferation of EG, countries are increasingly turning to the Internet to market their EG system to gain a competitive advantage. However, the effectiveness and efficiency of such online government systems largely depends on the mission of implementing EG. For successful adoption and implementation of EG, it is essential that a country first identify an explicit objective and a specific strategy. We have examined implemention strategies of EG of seven diverse countries whose objectives and mission for implementing EG differ significantly. However, they have the following strategies in common: i) extensive application of information and communication technology (ICT) in the public sector; ii) overall reformation of the public sector; iii) development of a better quality service structure; and iv) more cohesive integration of citizens with government.


2018 ◽  
Author(s):  
Budi Setiawan

As a matter of fact, business world realities are like a wilderness. All existing business person must have a good adaptation in the business dynamic environment to successfully survive and gain a competitive advantage in this ecosystem. Those who will survive are those who smartly and nimble facing all the dynamics business challenges, optimizing all their strength to capture the opportunities and reducing the risk. Those who succeed will stay alive. The four literature discussed below were trying to reveal the phenomena about business and strategic agility, from the different point of view and approachment. I am going to describing and elaborating each of the articles and relate the relevance of the discussion progressively. Although each of these four article written by the expertise in the relevant discipline, it still an opportunities to find out the lack of the clearer discussion for further improvement.


Author(s):  
Dr.Ch. Hymavathi

In order to survive in the cut throat competition, the banking sector has been adopting technical aspects. The information communication technological aspects of the banks help to attain the competitive advantage over the other. This research paper is emphasized to evaluate the information and communication technologies adopted by the banking sector in India. However, this paper is also aimed to assess the impact of information and communication technology in the Indian banking. The study focused to understand this scenario in the Indian rural sector. The samples are drawn from 300 rural banking customers and analyzed the data.


Author(s):  
Okanta, Sunday Ukeje

This paper investigated the impact of information and communication technology on the Nigerian economy, taking evidence from the banking sector. Ordinary least squares method of regression for the period 2004-2017 was employed. Generally, the paper found that there was positive relationship between bank related information and communication technology components used and economic growth, except the automated teller machine component, under a fixed effect modeling. However, using the Breusch Godfrey (BG) dynamic modeling to remove serial autocorrelation, the paper revealed that only the mobile banking payment component positively and significantly affected the gross domestic product. On the basis of the findings, the researcher recommended that the Central Bank of Nigeria, banks and stakeholders should collaborate to strengthen the information and communication infrastructures and security systems in the country to reduce frauds, make the environment user friendly and improve public confidence.


This paper investigated the impact of information and communication technology on the Nigerian economy, taking evidence from the banking sector. Ordinary least squares method of regression for the period 2004-2017 was employed. Generally, the paper found that there was positive relationship between bank related information and communication technology components used and economic growth, except the automated teller machine component, under a fixed effect modeling. However, using the Breusch Godfrey (BG) dynamic modeling to remove serial autocorrelation, the paper revealed that only the mobile banking payment component positively and significantly affected the gross domestic product. On the basis of the findings, the researcher recommended that the Central Bank of Nigeria, banks and stakeholders should collaborate to strengthen the information and communication infrastructures and security systems in the country to reduce frauds, make the environment user friendly and improve public confidence.


Author(s):  
Andrew Shandy Utama

Technological developments make the world borderless. The development of information and communication technology has touched the banking sector. Based on the operational system, the types of banks can be divided into conventional banks and Islamic banks. This study aims to explain the digitalization of conventional bank products and Islamic banks in Indonesia. The method used in this research is normative legal research. The development of information and communication technology has touched the banking sector. As one of the efforts to increase bank capability, more optimal utilization of information technology development is a prerequisite in supporting bank service innovation. Therefore, digital banking is a very potential business opportunity and an inevitable necessity in the banking sector in the digital era. In addition to increasing the efficiency of bank operational activities, digital banking can improve the service quality of conventional banks and Islamic banks to customers in transactions. The Financial Services Authority of the Republic of Indonesia then issued Financial Services Authority Regulation Number 12/POJK.03/2018 concerning the Implementation of Digital Banking Services by Commercial Banks. There are forms of e-Banking services that can be used at conventional banks and Islamic banks, namely ATM (Automated Teller Machine), EDC (Electronic Data Capture), internet banking, SMS banking, mobile banking, e-Commerce, phone banking, and video. banking


Author(s):  
Rabee M. Reffat

The chapter presents the approach of effective utilization of information and communication technology as a competitive advantage for knowledge-based development of cities. Knowledge investment, creation, and diffusion are the essential nodes of the information and communication technology spine for developing knowledge-based cites. The features of knowledge-based city compared to the modern and developed city are introduced. This chapter identifies the primary conditions that promote knowledge-based development of cities. The associative relationships between knowledge-base and economical development of cities are addressed.


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