Call for Papers : Volume 11, Issue 04, April 2024, Open Access; Impact Factor; Peer Reviewed Journal; Fast Publication

Information technology infrastructure and information technology application strategies: a case of licensed deposit taking saccos in kenya.

SACCOs are user owned and benefiting/ user-controlled organizations. They are strong tool for meeting societal socio-economic needs of Kenya even as the country if focusing on vision 2030. They mobilize savings, providing financial services, encourage investment, and are partners in wealth creation. The future window for innovation in SACCOs is now focused on school savings clubs, inter-SACCOs borrowing, SACCO bond products, health/ insurance product, affordable housing, and share capital redemption. However, the SACCOs are still facing challenges in areas such as technology, low patronage for society products and services, members’ dishonesty in many respects, poor saving culture and utilization of loan, unfair competition from other financial players, unsupportive legal framework, and interest rate fluctuation. These challenges require new strategic approaches to survive. The objective of this study is to determine the influence of IT infrastructure on performance of IT application strategies by SACCOs licensed to undertake deposits in Kenya. Specifically, the study will determine the influence of application infrastructure, management infrastructure, architecture and standards, and data management on IT applications. The study employed descriptive survey. The target population was 175 licensed SACCOs to undertake deposit in Kenya by SASRA. The study used census. The study established a significant influence of IT infrastructure on IT application strategies by DT-SACCOs in Kenya. Management infrastructure has negative influence on IT application strategies. The study concluded that SACCOs have not established strategically fitting IT infrastructure that can positively impact significantly on their effectiveness and in extension competitiveness. The IT management support is weakening the IT application effort. This study recommended for the reengineering of IT infrastructure, especially in management infrastructure. The management infrastructure should strategically support management decision framework, hence enhancing efficiency.

Author: 
Dr. Caleb Odhiambo Onjure, PhD. and Faith Mukonyo Muia
Download PDF: