SHANGHAI, June 8, 2023/PRNewswire/ -- The highly anticipated Huawei Intelligent Finance Summit 2023 kicked off in Shanghai, bringing together more than 2,000 industry leaders, experts and innovators from more than 300 financial institutions from around the world. Under the theme "Navigating Change, Shaping Smarter Finance Together", attendees discussed how to accelerate digital transformation through innovative technologies to boost digital productivity.
Jason Cao, CEO of Huawei Global Digital Finance, said, "The world is rapidly approaching a 100 billion connection milestone, with an explosion of data at the ZB level. We have officially entered the era of ZFLOPS, where power AI has passed the tipping point and is now driving transformation across multiple industries and services.To thrive in the intelligent era, we must reassess our approach to connections, data, applications, and infrastructure and fully embrace the digital technologies to create a future-oriented core competitiveness".
Huawei is committed to making strategic investments in core technologies to deepen its involvement in the financial industry. In line with this commitment, Huawei has announced four strategic directions for the financial industry: building resilient infrastructure, accelerating application modernization, improving data-driven decisions, and enabling scenario innovation.
Looking ahead, Huawei will continue to explore business scenarios and develop systematic solutions that align with strategic directions. Our goal is to help clients build end-to-end connectivity with agility, expertise and collaboration, and achieve real-time, converged and shared end-to-end intelligence that enables ubiquitous financial services in all scenarios.
Collaborate with global customers and partners to shape smarter finance together
Keynote addresses included Niu Xinzhuang, Chief Information Officer of Postal Savings Bank of China; Zhou Yanti, General Manager of Bank of Communications Financial Technology Department; Brett King, world-renowned thought leader and author of Bank 4.0; Zhou Tianhong, General Manager of the Information Technology Department of China Merchants Bank; Mao Yuxing, Deputy General Manager of Haitong Securities; and Kou Guan, General Manager of the IT Administration Department and Technology Operation Center of China CITIC Bank. In their keynotes, they shared the latest and most innovative practices in financial digital transformation and provided valuable insights into the future of digital finance.
During the Summit, Huawei signed cooperation agreements with multiple financial institutions to launch new solutions and enhance the innovative technical capabilities of multiple ICT products and portfolio solutions. Huawei is committed to promoting the comprehensive development of digital talent and works closely with the industry to achieve this goal. In the next three years, Huawei will establish deep collaborations with customers, industry associations, and partners to develop 50,000 digital professionals for the industry, laying a solid foundation for financial transformation.
Huawei has dedicated 13 years to the financial industry. To date, Huawei has served more than 3,300 financial customers in more than 60 countries and regions, including 50 of the world's top 100 banks. Moving forward, Huawei remains committed to advancing cutting-edge technologies and exploring new scenarios, while collaborating with customers and partners to create fully connected, fully intelligent, all-scenario digital finance. By navigating change with agility and innovation, Huawei's goal is to enhance digital productivity and create a brighter future together.
For more information, see: https://e.huawei.com/cn/events/2023/industries/finance/finance-summit
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