Huawei: Accelerate change and create smarter, greener finance together

BARCELONA, Spain, March 2, 2023 (Archyde.com) /PRNewswire/ – A finance industry forum entitled “Accelerate Change, Shaping Smarter Greener Finance Together” was successfully held during Mobile World Congress 2023 (MWC 2023). Global customers and finance partners met to discuss accelerating technology applications and innovative productivity gains.

The world economy now faces a new norm. The financial sector is experiencing new changes. How can we accelerate the adoption of new technologies and innovate to improve productivity? Jason Cao, CEO of Huawei Global Digital Finance said, “You will understand if you study the trend, act wisely if you follow the trend, and be a winner if you adapt to the trend.” Accelerate technology adoption in six areas, including transitioning from transactions to digital engagement, developing cloud-native applications and data, evolving infrastructure to MEGA, industrializing data and AI applications, enhancing real-time data analytics, and the transition to a state-of-the-art AI brain, helping financial clients accelerate change, innovate to improve productivity, make productivity visible, and accelerate development toward the future.

To optimize customer interaction and experience, Huawei works with partners to rapidly build super app platforms with public cloud SaaS and drive the development of more flexible and agile digital products. With new forms of customer acquisition, service, and interaction, Huawei helps financial institutions significantly reduce customer acquisition costs and accelerate business transformation from transaction to digital engagement. The ubiquitous mobility and intelligence of financial services is accelerating the modernization of core applications and data, making cloud-native development a reality. Huawei leverages highly reliable infrastructure, cloud, GaussDB, and data migration to help Postal Savings Bank of China (PSBC) reform its core systems and serve 650 million retail users in a cloud-native manner.

Data and AI are becoming increasingly integrative and encompass all service scenarios and processes. Huawei is committed to building a leading data intelligence solution to help China Merchants Bank (CMB) develop the cloud-native data platform. This intelligent platform will upgrade CMB’s decision-making and business operations in three ways: a better platform, improved efficiency and more scenarios. Accelerated, real-time analytics empower everyone to use data, unleashing the power of data and enabling faster business growth. Huawei continuously improves the NLP (Natural Language Processing), CV (Computer Vision), Graph, and Knowledge Computing models that span hundreds of billions of parameters. With more computing power, a complete AI platform, and optimized big data models, Huawei is accelerating the construction of a powerful AI brain, integrating AI into user experiences and products, and extending innovation from individual services to the entire business process and beyond, enabling comprehensive innovation .

These modernized cloud-native applications continuously optimize user connections and touchpoints. Through the joint innovation of storage, computing, network, and cloud technologies, Huawei is accelerating infrastructure evolution to MEGA (Multi-domain Collaboration, Experience, Green, and Autonomous). Autonomous). This helps financial institutions develop digital infrastructure with high performance, availability, security, operational and maintenance efficiency, and sustainability.

Digitization is the future. Embracing change and continuous innovation, Huawei Digital Finance dives deep into the financial sector. It adapts to each scenario, collaborates with customers and partners, expands service capabilities and delivers ever more innovative solutions to accelerate the adoption of new technologies and innovate to improve productivity to promote green, digital and intelligent finance.

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