Huawei Global Smart Finance Summit 2023 opens in Shanghai. Meng Wanzhou, vice chairman, rotating chairman, and CFO of Huawei, said at the meeting that at present, the singularity of technology is approaching. Technologies such as generative AI, cloud, and Internet of Things are rapidly integrating into financial businesses, and Huawei will focus on Continuous investment and intensive investment in rooting technology.
On the first day of the summit, Huawei released the self-developed distributed database GaussDB, which is another important software root technology launched by Huawei MetaERP after the complete replacement of the overall business system.
The reporter of "Science Innovation Board Daily" learned on the spot that many listed companies such as Advanced Datacom, Sunlight Technology, Yingfang Software, China Information, and iFLYTEK participated in the ecological co-construction.
▍Generative AI is integrating into financial business
Meng Wanzhou said in her speech that digital and intelligent transformation is a new driving force for economic development, which is already an undoubted consensus. In this wave of digital economy, all walks of life will anchor in a new direction and run out of acceleration.
In terms of digital transformation trends, Meng Wanzhou believes that everything is becoming perceivable, especially the production-oriented operations that are in daily contact, from symbols and analog signals to digitalization of the entire process, and a more comprehensive and detailed digital twin world is being built.
Everything is also becoming interconnected. Through the scientific management of data, data flows within the enterprise like water. Data of different dimensions are gathering and sharing to create new value.
At the same time, everything is moving towards intelligence. Combining industry data and experience, relying on intelligent technology, human productivity and creativity are achieving leapfrog development.
At present, the singularity of technology is approaching, and technologies such as generative AI, cloud, and Internet of Things are rapidly integrating into financial business.
Meng Wanzhou said that in this digital transformation, more and more managers have begun to formulate a blueprint for digital transformation, and around this blueprint, carry out organizational construction, match corresponding talents, and shape the internal culture of the enterprise.
At the same time, technologies such as data analysis, AI models, cloud services, and multidimensional data are constantly developing.
"Operation digitalization, digital platformization, platform intelligence, and intelligent combat" are the "four directions" we have set in Huawei's digital transformation. Under the guidance of the direction of the four modernizations, we are constantly trying new technologies and new applications. "Meng Wanzhou said.
Focusing on digital applications in the financial industry, Meng Wanzhou pointed out that Huawei has seen some typical business scenarios, such as relying on digital technology to identify customer needs, forming matching digital assets and products, and creating digital applications; or It is supplemented by digital technology to improve the efficiency and quality of financial companies' internal operations, risk control, and compliance management.
Meng Wanzhou emphasized that the research on the basic and root technologies behind products and applications is a core competitiveness of enterprises. To this end, Huawei will continue to invest heavily in root technology, and on this basis, through technologies and applications such as multi-cloud consistent experience, cloud-network connection upgrade, data center ultimate interconnection, optical perception and storage collaboration, etc. The cloud, network, edge, and end are working together.
▍Advanced Datacom, Yingfang Software, HKUST Xunfei, etc. participated in the joint construction of database ecology
At the event site, Zhang Pingan, Executive Director of Huawei and CEO of Huawei Cloud, officially released GaussDB, a new generation of distributed database.
Zhang Ping'an believes that at present, China's database industry has ushered in a huge market development space, especially in the direction of cloudification and distribution in the future. China's database has great opportunities for innovation and leadership, but there are still some challenges. To this end, Huawei calls on more industry users to dare to open core application scenarios.
In an interview after the meeting, Zhang Pingan told the "Science and Technology Innovation Board Daily" and other media that the GaussDB database will aim at high-availability and high-performance databases and application scenarios that need to overcome difficulties, and will not compete with low-end and small-capacity databases. market.
It is reported that GaussDB has supported the core business of the Industrial and Commercial Bank of China, Postal Savings Bank of China, China Construction Bank, Agricultural Bank of China and other large state-owned banks. In addition, it has also served the Shaanxi Provincial Department of Finance, CNOOC, the National Pipeline Network, and the State Grid Shaanxi Electric Power Co., Ltd. , Capital Highway Development Group and other enterprises.
In addition to the key financial fields, Huawei will also expand the GaussDB database to other vertical industries such as energy and electric power, and push it to the global market. "Many banks in Asia have begun testing the Huawei Cloud GaussDB database, and many customers in South America have also begun testing." Zhang Pingan said.
As a typical ecological industry, the ecology of the database is the key to the stable and sustainable development of international software products and commercial success, and it is also the most lacking aspect of the current domestic database system.
At the conference site, Huawei launched the GaussDB database financial industry ecological development plan with 17 software partner companies and 7 service partner companies. Including Yingfang Software, Sunlight Technology, Golden Securities, iSoftStone, Advanced Datacom, Anshuo Information, Hang Seng Electronics, China Information and many other listed companies.
The relevant person in charge of the British software told the "Kechuangban Daily" that at present, the i2Stream data stream replication management software and the i2Active homogeneous database active-active replication software have been developed in collaboration with Huawei Cloud GaussDB, and a heterogeneous database and GaussDB synchronization solution has been launched. Provide data synchronization solutions for databases in two places and three centers for users in financial industries such as securities and banks.
At present, Yingfang Software has completed the data replication from Oracle to GaussDB of a large bank, which is a benchmark project for the 5A core system database localization pilot project, realizing the real-time incremental synchronization of two-way data from openGauss to Oracle and Oracle to openGauss.
In addition, Huawei also released a new financial distributed core solution 3.0 at the meeting. Ecological partners include CEC Jinxin, China Information, Sunlight Technology, Tongfang Softbank, Advanced Datacom, Anshuo Information, Yusys Technology, etc.; Data intelligence solution 3.0, ecological partners include Advanced Datacom, HKUST Xunfei, China Information, Fanruan, Yonghong Technology, Enhe, etc.