Abstract:
The objective of this research was 1) to examine the factors that influence the
decision to adopt cloud software service technology in small and medium-sized
enterprises (SMEs), and 2) to create a decision-making model for the adoption of cloud software service technology in SMEs in Thailand. This was achieved by utilizing the Technology,
Organization, Environment (TOE) framework and the Diffusion of Innovation (DOI)
theory. The participants in the study were a cohort of corporate leaders. There are 480 individuals who have the authority to make executive decisions. A questionnaire was utilized as the study instrument, and the data were analyzed using structural equation modeling (SEM), The results indicated that the hypothetical model constructed in this study agreed with the actual data. This was supported by a Normed Chi-Square value of 2.351, GFI of 0.885, AGFI of 0.853, NFI of 0:937, TLI of 0.954, CFI 0.961, SRMR of 0.0381, RMSEA of 0.047, and CN of 236. The structural model exhibited a squared multiple correlation (R2) of 51 percent. The choice to accept cloud service software technology was influenced by several reasons, including the recognition of its comparative advantages, assurance of data security, alignment with organizational culture, endorsement from executives, government backing, and encouragement from service providers. Reliability, collaboration and data sharing, cost reduction, technology readiness, and external pressure all had a detrimental effect.