RELEASE: Huawei: Accelerate change, shape greener and smarter finance together

(Information sent by the signatory company).

RELEASE: Huawei: Accelerate change, shape greener and smarter finance together

(Information sent by the signatory company)

BARCELONA, Spain, March 2, 2023/PRNewswire/ -- During the Mobile World Congress 2023 (MWC 2023) a financial industry forum titled "Accelerate change, shape greener and smarter finance together" is successfully held. . Clients and partners from the global financial industry came together to discuss accelerating the application of technology and innovative productivity enhancement.

The world economy is now facing a new norm. The financial sector is witnessing new changes. How to accelerate the application of new technologies and improve productivity in an innovative way? As Jason Cao, CEO of Huawei Global Digital Finance, said, "You will understand if you study the trend, you will be wise if you follow the trend, and you will be a winner if you adapt to the trend." Huawei strives to accelerate technology application in six fields, including transaction shift to digital engagement, cloud-native data and application development, infrastructure evolution to MEGA, data industrialization, and AI application, improving real-time data analysis, and moving towards a cutting-edge AI brain. In this way, we help financial clients accelerate change, innovatively improve productivity, make productivity visible, and accelerate evolution into the future.

To optimize customer interaction and experience, Huawei works with partners to rapidly build super application platforms with public cloud SaaS, driving the development of more flexible and agile digital products. With new modes of customer acquisition, service, and interaction, Huawei helps financial institutions greatly reduce customer acquisition costs, accelerating business transformation from transaction to digital engagement. End-to-end mobility and financial services intelligence accelerate modernization of core applications and data, making cloud-native development a reality. Huawei uses high-reliability infrastructure, cloud, GaussDB, and data migration to help Postal Savings Bank of China (PSBC) reform its core systems and serve 650 million retail users cloud-natively.

Data and AI are becoming more inclusive, spanning all service scenarios and processes. Huawei is committed to creating a leading data intelligence solution to help China Merchants Bank (CMB) develop cloud-native data platform. This intelligent platform will improve CMB's business operations and decision-making in three ways: a better platform, increased efficiency, and coverage of more scenarios. Accelerated real-time analytics supports everyone's use of data, unlocks the power of data, and enables faster business growth. Huawei continuously improves NLP (Natural Language Processing), CV (Computer Vision), graphics, and knowledge computing models, which involve hundreds of billions of parameters. With more computing power, a comprehensive AI platform, and optimized big data models, Huawei accelerates the construction of a powerful AI brain, integrates AI into user experience and products, and expands individual service innovations to the entire business process and more, enabling inclusive innovation.

These modernized cloud-native applications continually optimize connections and user touchpoints. Meanwhile, through collaborative innovation of storage, computing, network, and cloud technologies, Huawei accelerates infrastructure evolution toward MEGA (Multi-Domain Collaboration, Experience, Green, and Autonomous). This helps financial institutions to develop digital infrastructures with high performance, availability, security, efficiency of O

Digitization is the future. Huawei Digital Finance embraces change and continuous innovation as it ventures into the financial sector. It adapts to current scenarios, unites with customers and partners, improves service capabilities and offers increasingly innovative solutions to accelerate the application of new technologies and innovatively improve the productivity of green, digital and smart finance.

So far, Huawei has served more than 2,500 financial customers in more than 60 countries and regions, including 50 of the world's top 100 banks. For more information on Huawei digital finance solutions, please visit:

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