Huawei Digital Finance: Resilience Must be Redefined to Boost Intelligence

February 29, 2024 01:33 AM AEDT | By Cision
Follow us on Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp

BARCELONA, Spain, Feb. 28, 2024 /PRNewswire/ -- At MWC Barcelona 2024,Huawei hosted a Digital Finance Session. Jason Cao, Huawei's CEO of Digital Finance BU emphasized that resilience is the foundation for everything, and elaborated how to build the infrastructure resilience in the intelligent era.

Jason Cao, CEO of Digital Finance BU, Huawei
Jason Cao, CEO of Digital Finance BU, Huawei

Resilience boosts intelligence. In the digital world, all changes pose new challenges to resilience. We must redefine and consolidate resilience to better achieve non-stop banking: ensure zero downtime and high availability of financial services, deliver a zero-wait user experience, achieve zero-touch operation while ensuring zero-trust service and data security, and eventually accelerate the development of intelligence.

Zero Downtime

To achieve Zero Downtime, Huawei has not only upgraded the MAS architecture, but also delivered successful practices in distributed databases. Moreover, Huawei has developed a next-generation distributed database called GaussDB, which was officially announced to global finance today. It boasts seven features including high availability, high security, high performance, high intelligence, high elasticity, easy deployment, and easy migration that make it an ideal choice for the financial industry to move towards zero downtime.

Zero Touch

Huawei Autonomous Driving Network has been enhanced from 1-3-5 to 0-1-3-5 ("0" means "0 Human Errors"), helping finance adopt Zero Touch operations.

Digital Map is the most important capability, which was upgraded based on Cloud-Map Algorithms and Digital Twins. It leverages large AI models to visualize the correlation and changes of networks, traffic, and applications in real time. The result is a network digital twin simulation, which ensures zero change errors.

Zero Trust

Huawei keeps improving product security to ensure fast attack detection, virus isolation, and data recovery, and has provided the industry's first multi-layer ransomware protection solution. This solution employs network firewalls to detect viruses and a storage air-gap to isolate them in seconds, thereby preventing intrusions promptly.

In addition, Huawei has upgraded the OceanProtect integrated backup solution. The large-scale parallel algorithms help customers recover services immediately.

Zero Wait

Huawei Data Intelligence Solution combines an all-serverless architecture with data lakehouse and data-AI convergence, which provides extremely strong real-time capability, especially for data warehouses. It is an ideal choice to build a zero-wait experience.

In a word, Huawei hopes to redefine and consolidate resilience with customers to better achieve non-stop banking.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.

Two ASX Listed Stocks Giving Bullish Indications

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.