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Hebei International Industrial Design Week to open in November

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SHIJIAZHUANG, China, Oct. 25, 2022 /PRNewswire/ — The 5th Hebei International Industrial Design Week will be held from November 10 to 16 in North China’s Hebei Province, with the Netherlands as the guest of honor.

The province’s new modern city Xiongan New Area will serve as the event’s main venue while some activities will also be held in the cities of Shijiazhuang, Qinhuangdao and Dingzhou.

A series of activities will be featured in the main venue, such as the launching ceremony and keynote speeches, Xiongan Design Forum, the industrial design innovation exhibition, international design new product releases, the third Goldreed Industrial Design Award, Dutch Design Day and design innovation tours, making it an open platform for international design cooperation featuring meetings, exhibitions and awarding ceremonies, according to Hebei Provincial Industry and Information Technology Department.

Xiongan Design Forum, World Design Organization (WDO) and World Design Weeks will join hands in hosting a series of activities like keynote speeches and round-table dialogues.

Topics will cover urban development, industrial transformation, new normal of production and life, new consumption trends, and sustainable development, among others. Leading figures from domestic and foreign design institutions, manufacturing enterprises and universities will be there to interpret and discuss pioneering design innovation ideas and trends.

The International Design New Product Releases will invite top design firms, design masters and cutting-edge designers at home and abroad to launch new designs in conjunction with fashion brand companies and manufacturing enterprises.

Besides, representatives from manufacturers, platform enterprises, incubators and financial institutions will also attend the conference, providing opportunities for the industrialization and market-oriented cooperation between the two parties, and helping the transformation of designs into products and the establishment of design values.

The Goldreed Industrial Design Award’s foreign president WDO Chairman David Kusuma and Chinese president Professor He Renke of the School of Design and Art of Hunan University, as well as other guests, will attend the awarding ceremony.

They will unveil the winners of the award’s third event and present trophies. To further enhance the event’s international influence and brand value, the competition for fourth Goldreed Industrial Design Award will be launched to invite outstanding industrial design institutions, companies, teams and individual designers from all over the world.

The activities of the design week will make full use of modern IT technologies such as 5G, VR/AR and big data to display offline activities by means of online exhibition and live broadcasting, breaking the time and space constraints and creating an online design week that never ends.

Since 2018, Hebei has held four International Industrial Design Week in the Xiongan New Area, including 139 forums, exhibitions, match-making and exchange activities that have attracted enterprises from over 50 countries and regions, and 25,000 design works.

China-based embassies of Finland, Italy and Britain organized delegations trips to the events, and more than 50 well-known design institutions at home and abroad like the WDO and the Hong Kong Federation of Design Associations sent representatives there.

The International Industrial Design Week pioneered the mode of organizing expo both online and offline in Hebei. The four events have attracted more than 170,000 attendees and visitors, and more than 28 million visits online.

Hebei has leveraged the International Industrial Design Week as an important platform to cultivate and develop industrial design service industry, promote the deep integration of industrial design and manufacturing industry, and bring innovation and development onto the global stage.

Industrial data showed that the number of industrial design enterprises in Hebei reaches 470 this year, more than 9 times that of 2017, ranking the fifth in China. There are 20 municipal industrial design industry organizations in Hebei, accounting for 15 percent of the country’s total industrial organizations.

Hebei has 11 provincial level and municipal-level industrial design awards, ranking the fourth in the country. The province has cultivated 11 national-level industrial design centers, and created 5 in 2021 alone, achieving a historic breakthrough.

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PR Newswire

Call for Entries Issued for 10th Annual Asia-Pacific Stevie Awards

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The only business awards to recognize innovation in business throughout the entire region

FAIRFAX, Va., Oct. 24, 2022 /PRNewswire/ — The Stevie® Awards have issued the call for entries for the 2023 (10th annual) Asia-Pacific Stevie Awards, the only business awards program to recognize innovation in business throughout the entire Asia-Pacific region.

The early-bird entry deadline, with discounted entry fees, is November 22, 2022. The entry deadline is January 17, 2023, but late entries will be accepted through February 15 with the payment of a late fee. Complete entry details are available at http://Asia.StevieAwards.com.

The Asia-Pacific Stevie Awards are open to all organizations in the 29 nations of the Asia-Pacific region: large and small, for-profit and non-profit, public and private.

The awards focus on recognizing innovation in all its forms, wherever it is achieved in the workplace. Entries will be accepted in English in the following awards category groups:

A new category group for 2023 will recognize Thought Leadership innovation in strategy, development, and execution since the beginning of July 2020.

In addition to a number of new categories, a public voting component has been added. Winners in the Company/Organization categories will now be determined by a unique blending of the scores of the professional judges and the votes of the general public.

Asia-Pacific Stevie Award winners will be announced on March 29. Winners will be celebrated and presented their awards during an awards banquet on May 27 in Hanoi, Vietnam.

Scores of professionals from throughout the region will participate in the judging process to determine the Stevie winners.

Some of the Asia-Pacific region’s most innovative organizations have won Asia-Pacific Stevie Awards in the past five years including ABS-CBN Corporation, Cisco Systems, DHL Asia Pacific Shared Services, EventsAIR, Freelancer.com, Fuji Television Network, Inc., Google, Globe Telecom, Hana Financial Group, Hong Kong Tourism Board, HP Inc., IBM, KB Kookmin Card, KT, Megaworld Corporation, MSL China, Nasdaq, Ooredoo, PT Petrokimia Gresik, Seegene Medical Foundation, Shell Philippines Exploration B.V., Shanghai Disney Resort, Singtel, SM Supermalls, Tata Consultancy Services, Telkom Indonesia, VNPT Vinaphone Corporation, Viettel, and more.

The Stevie Award is among the world’s most coveted prizes. The name Stevie is taken from the name Stephen, which is derived from the Greek for “crowned.”

About the Stevie Awards
Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 nominations each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at www.StevieAwards.com.

– Stevie®, American Business Awards® and International Business Awards® are registered trademarks of Stevie Awards, Inc.

* PR Newswire Asia is the official news release distribution partner of the 2023 Asia-Pacific Stevie Awards.

PR Newswire

Axiata’s Merdeka Brand Film Produced by ADA Emerges Winners — 2022 Experts’ Choice Awards

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The Merdeka Brand Film, The Turning Point was voted as of one of the Top 10 winners by MARKETING Magazine readers.

KUALA LUMPUR, Malaysia, Oct. 12, 2022 /PRNewswire/ — Axiata Group Berhad’s (Axiata’s) Merdeka Brand Film — The Turning Point was voted as one of the Top 10 winners of the Experts’ Choice Awards Merdeka TVC Edition 2022 by MARKETING Magazine readers.

The inspirational short film was produced by ADA in conjunction with Malaysia’s Independence Day on 31 August and Malaysia Day on 16 September.

In the film, the protagonist, Intan, a member of the indigenous community successfully built a business that helped her community thrive and prosper. A chance encounter marked the turning point for Intan’s remarkable journey, when she was gifted a book on how to start a business — a seemingly insignificant moment that changed her life and her community in ways she could never have imagined.

The short film reflects Axiata’s proposition to advance and transform lives of communities across Malaysia, leaving no one behind.

Similarly, this Merdeka, Axiata wished to spotlight the marginalised communities including senior citizens, urban poor, single moms and the disabled groups that are often excluded from the narrative of equal access and deprived of opportunities.

For the marginalised in Malaysia, Axiata aspires to be the turning point to a better life and a brighter future.

“ADA is very proud that we were able to bring this beautiful story to everyone. As a company, we will be very glad and grateful if we get a chance to use our creativity and digital capabilities to bring smiles to more “Intans” in our community,” said Anurag Gupta, Chief Operating Officer, ADA.

To date, the short film has gained over 4.4 million views across all social channels.

It’s a tradition for MARKETING Magazine to organise the annual Experts’ Choice Awards as a chance for their readers to vote for the brand, agency and production house they support. The award sees participation of major players from industries such as Telecommunications, Food & Beverage, Healthcare, Banking, Insurance, Automotive and more.

About ADA

ADA is a data and artificial intelligence company that designs and executes integrated digital, analytics, and marketing solutions.

Operating across 10 markets in South and Southeast Asia, ADA partners with leading brands to drive their digital and data maturity, and achieve their business goals. We are anchored on the following main services:

  • Providing business insights, data enrichment, and advanced analytics
  • Understanding the consumer mindset and designing data-driven creative marketing strategies
  • Executing end-to-end digital marketing solutions for growth hacking, funnel optimisation, and goal optimisation

ADA complements its unique digital expertise with deep proprietary data of 375 million consumers.

PR Newswire

Hevo Data Recognized as “One to Watch” in Snowflake’s Modern Marketing Data Stack Report

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Hevo Data enables joint customers to build end-to-end solutions on Snowflake’s Data Cloud that accelerate data-driven decision making.

SAN FRANCISCO, Oct. 1, 2022 /PRNewswire/ — Hevo Data, the intuitive data pipeline platform, today announced that it has been recognized as an Integration & Modeling ‘one to watch’ in the inaugural Modern Marketing Data Stack Report: Your Technology Guide to Unifying, Analyzing, and Activating the Data that Powers Amazing Customer Experiences executed and launched by Snowflake, the Data Cloud company.

Snowflake’s data-backed report identifies the best of breed solutions used by Snowflake customers to show how marketers can leverage the Snowflake Data Cloud with accompanying partner solutions to best identify, serve, and convert valuable prospects into loyal customers. By analyzing usage patterns from a pool of nearly 6,000 customers, Snowflake identified six technology categories that organizations consider when building their marketing data stacks. These categories include:

  • Analytics
  • Integration & Modeling
  • Identity & Enrichment
  • Activation & Measurement
  • Business Intelligence
  • Data Science & Machine Learning

Focusing on those companies that are active members of the Snowflake Partner Network (or ones with a comparable agreement in place with Snowflake), as well as Snowflake Marketplace providers, the report explores each of these categories that comprise the Modern Marketing Data Stack, highlighting technology partners and their solutions as “leaders” or “ones to watch” within each category. The report also details how current Snowflake customers leverage a number of these partner technologies to enable data-driven marketing strategies and informed business decisions. Snowflake’s report provides a concrete overview of the partner solution providers and data providers marketers choose to create their data stacks.

“Hevo’s strong performance and innovative approach within Snowflake placed them within the ‘ones to watch’ category due to their demonstrated customer success,” said Denise Persson, Chief Marketing Officer at Snowflake. “We look forward to observing their continued momentum in empowering our joint customers, and collaborating on our journey to data-driven marketing.”

Hevo Data was identified in Snowflake’s report as a ‘one to watch’ in the Integration & Modeling category for the ease with which it enables modern marketing teams to achieve accurate, near-real time analytics by integrating and transforming raw data from all their data sources with low latency and zero maintenance.

“Being recognized as a company to watch in Snowflake’s Modern Marketing Data Stack report is a testament to the dedication Hevo demonstrates to our customers,” said Manish Jethani, co-founder and CEO of Hevo Data. “We look forward to continuing to partner with Snowflake to create innovative approaches that empower our customers to adopt a best-of-breed marketing data stack to advance their business and serve their customers.”

Click here to read The Modern Marketing Data Stack: Your Technology Guide to Unifying, Analyzing, and Activating the Data that Powers Amazing Customer Experiences. About Hevo: Hevo is an intuitive data pipeline platform that modern data analytics teams across 40+ countries rely on to fuel timely analytics and data-driven decisions within their organizations. Hevo helps them reliably and effortlessly move and sync data from 150+ SaaS apps and other data sources to any cloud warehouse and turn it analytics-ready through intuitive models and workflows.

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PR Newswire

Nintex Honours Top Partners with 2022 Nintex Partner Awards

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Eighteen leading channel partners recognised for driving digital transformation to help organisations deliver business outcomes across every major industry, with the Nintex Process Platform

AUCKLAND, New Zealand, Sept. 28, 2022 /PRNewswire/ — Nintex, the global standard for process intelligence and automation, today announced the regional winners of the 2022 Nintex Partner Awards across AMER, APAC and EMEA.

18 leading channel partners recognized for driving digital transformation to help organizations deliver business outcomes across every major industry, with the Nintex Process Platform.
18 leading channel partners recognized for driving digital transformation to help organizations deliver business outcomes across every major industry, with the Nintex Process Platform.

“Every 2022 Nintex Partner Award winner has consistently displayed invaluable expertise, helping organisations to reimagine the way they work with the ease and power of the Nintex platform,” said Eric Johnson, Nintex Chief Executive Officer. “This year’s award-winning group of channel partners has an unwavering commitment to help companies digitise their critical business processes, to meet their individual businesses challenges.”

Nintex Partner Award winners were selected based on measurable, high-impact business results and continuous process improvements for public and private sector organisations across every industry and geographic region during Nintex’s fiscal year 2022, extending from 1 July 2021 to 30 June 2022.

2022 Nintex Partner Award winners by category and region include:

Business Excellence – bringing the Nintex Process Platform to new organisations:          

  • AMER: Protiviti, Inc.
  • EMEA: Sure Global Technology
  • APAC: Myriad Technologies

Customer Success – supporting long-term adoption and success of the Nintex Process Platform:

  • AMER: BOOST Strategy Partners
  • EMEA: Data One GmbH
  • APAC: Alrighty Labs

Business Acceleration – strong expansion of automation subscriptions year-over-year:

  • AMER: ImageTech Systems
  • EMEA: Interactive Saudi Arabia Ltd
  • APAC: Cumulus International Co

Regional Spotlight – regional market impact and momentum with customers:

  • AMER: InnoVelocity
  • EMEA: S A Partners
  • APAC: ACW Solutions

Business Transformation – top customer entries to the 2022 Nintex Solution Innovation Awards

  • AMER: Elantis
  • EMEA: SakalGB
  • APAC: rapidMation

Nintex Workflow Cloud Upgrades – for driving generational upgrades to Nintex Workflow Cloud

  • AMER: ImageTech Systems, LLC
  • EMEA: IOZ AG
  • APAC: PlanB Consulting

Learn more about the Nintex Partner Network by visiting https://partner.nintex.com/. 

Media Contact
Laetitia Smith
laetitia.smith@nintex.com
cell: +64 21 154 7114                                                                                                              

About Nintex
Nintex is the global standard for process intelligence and automation. Today more than 10,000 public and private sector organisations across 90 countries turn to the Nintex Process Platform to accelerate progress on their digital transformation journeys by quickly and easily managing, automating and optimising business processes. Learn more by visiting www.nintex.com and experience how Nintex and its global partner network are shaping the future of Intelligent Process Automation (IPA).

Product or service names mentioned herein may be the trademarks of their respective owners.

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PR Newswire

StradVision Wins AutoSens 2022 Gold Award for Perception Software

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  • This is the second year in a row where StradVision’s SVNet deep-learning based camera perception software has been honored as a top prize winner of the industry

SEOUL, South Korea, Sept. 19, 2022 /PRNewswire/ — StradVision, an AI-based video perception  technology company for Autonomous Vehicles and ADAS, is honored to announce that its SVNet software was once again selected as the ‘Best-in-Class Software for Perception Systems’ during the 2022 AutoSens Awards in Brussels, Belgium.

StradVision Wins AutoSens 2022 Gold Award for Perception Software
StradVision Wins AutoSens 2022 Gold Award for Perception Software

The AutoSens Awards have become one of the industry’s leading events for the ADAS and autonomous vehicle technology community, recognizing the most innovative companies and products leading the global autonomous driving industry. StradVision’s Gold Award selection was made during this year’s award ceremony held on September 13. The company’s SVNet was recognized for the second year in a row regarding its deep learning-based camera perception software that continues to mature within the automotive space and accelerate the ADAS and autonomous driving sector forward. StradVision’s Dean Kim (Vice President of Business Development) and Andreas vom Felde (General Manager & Head of Sales Region Europe) were in event attendance to accept the award.

“This high recognition by AutoSens for the second year is a tremendous honor for our company,” said Junhwan Kim, CEO of StradVision. “Our goals have been very ambitious for business growth and innovation, and this year has brought many milestone moments for us. AutoSens’ Gold Award for our SVNet perception software will continue our motivation as we pursue more ways to advance autonomous driving and ADAS solutions for the global community.”

“We’ve experienced exponential business growth and recognition from the global community over the past year,” said Dean Kim, StradVision’s Vice President of Business Development. “Seeing our SVNet software selected once again by AutoSens this year is incredible and we believe further spotlights the potential our perception solutions can bring for OEMs and Tier-1s in the automotive industry worldwide.”

StradVision’s SVNet is state-of-the-art software that powers the perception technology behind ADAS and autonomous vehicles, enabling external vehicle perception via 14+ platforms across Qualcomm, Texas Instruments, Renesas, NVIDIA and other chipset makers to accurately and safely detect and recognize objects (even in poor lighting or harsh weather conditions), such as other vehicles, lanes, pedestrians, animals, free space, traffic signs, and lights.  SVNet was the first network to run deep learning-based object detection software on TDA2x, R-car V3H, V3M, and H3, and now also provides deep neural network across Snapdragon Ride, Orin, Jacinto, R-car series and Ambarella CV series. Other StradVision products include SVNet Tools, which removes the need to have a large team spending hundreds of hours correcting objects with the risk of human error.

About StradVision

Founded in 2014, StradVision is an automotive industry pioneer in AI-based vision processing technology for Advanced Driver Assistance Systems (ADAS). The company is accelerating the advent of fully autonomous vehicles by making ADAS features available at a fraction of the market cost compared with competitors. StradVision’s SVNet is being deployed on various vehicle models in partnership with OEMs and powers ADAS & Autonomous Vehicles worldwide and is serviced by over 300 employees in Seoul, San Jose, Detroit, Tokyo, Shanghai, Friedrichshafen, and Dusseldorf. StradVision has been honored with the Gold Award at the 2021 and 2022 AutoSens Awards for Best-in-Class Software for Perception Systems, and the 2020 Autonomous Vehicle Technology ACES Award in Autonomy (Software Category). In addition, StradVision’s software is certified to the ISO 9001:2015 for Quality Management System and ISO 26262 for Automotive Functional Safety.

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Nippon Express (China) Recognized among “Top 50 Chinese Logistics Companies for 2022”

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TOKYO, Sept. 16, 2022 /PRNewswire/ — Nippon Express (China) Co., Ltd. (hereinafter “NX China”), a group company of NIPPON EXPRESS HOLDINGS, INC., was designated one of the “Top 50 Chinese Logistics Companies for 2022,” the only Japanese company to be so honored, at the 15th National Modern Logistics Technology Innovation Conference jointly hosted by the China Federation of Logistics & Purchasing and the Harbin Municipal People’s Government in Harbin, China, on August 24, 2022.

Logo: https://kyodonewsprwire.jp/img/202209136413-O1-SF5gJnet

Photo1: General Manager Tie Weihua, Business Support Division, NX China (second from right)
https://kyodonewsprwire.jp/prwfile/release/M103866/202209136413/_prw_PI2fl_28Q00o2i.jpg

Photo2: Plaque
https://kyodonewsprwire.jp/prwfile/release/M103866/202209136413/_prw_PI3fl_YeB9qL5g.jpg

The “Top 50 Chinese Logistics Companies for 2022,” selected from among tens of thousands of Chinese and foreign logistics companies in China based on logistics revenue statistics from 2021, were announced at the National Modern Logistics Technology Innovation Conference, a major event held annually by the China Federation of Logistics & Purchasing since 2005. NX China’s inclusion among the Top 50 can be credited to such management benchmarks as sales, company size, growth potential and profitability.

The Nippon Express Group will continue helping customers develop their business activities by offering international transport services utilizing its global network and further expanding its logistics functions within China to realize the Long-term Vision set out in its Business Plan of becoming “a logistics company with a strong presence in the global market.”

Nippon Express website: https://www.nipponexpress.com/

Nippon Express Group’s official LinkedIn account:
https://www.linkedin.com/company/nippon-express-group/

Source: NIPPON EXPRESS HOLDINGS, INC.

PR Newswire

2022 IDEA Design Award: Dreame Technology Collects New International Design Accolades

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BEIJING, Sept. 14, 2022 /PRNewswire/ — Dreame Technology (“Dreame”), a fast-growing company leading in smart home cleaning appliance, has been awarded a 2022 IDEA Silver Award for the DreameBot W10 and an IDEA Design Award for the DreameBot Z10 Pro. This is the third time the company has received a prestigious design award this year, as it garnered a Red Dot Design Award earlier this March and an iF Design Award in April.

2022 IDEA Design Award: Dreame Technology Collects New International Design Accolades
2022 IDEA Design Award: Dreame Technology Collects New International Design Accolades

The Industrial Design Excellence Awards (IDEA) are hosted by the Industrial Designers Society of America and are recognized as one of the top three global design award events, alongside the iF Awards and Red Dot Awards in Germany. The IDEA Design Award is widely acknowledged as a prominent accolade in global industrial design and development, attracting tens of thousands of contenders from hundreds of countries every year — with less than 10% winning an award. This award proves that the R&D strength, product quality and innovative design of Dreame Technology are in the forefront of the industry and have been approved of by international authorities.

In addition to the IDEA Design Award, Dreame Technology has also won the Red Dot Design Award and the iF Design Award. Winning those awards is closely related to their overall product arrangement and exploration of technology. Relying on the continuous innovation and breakthrough of high-speed digital motors, as well as the overseas brand strategy of deep localization, Dreame’s products have been exported to more than 100 countries and regions — despite the company being established for just 5 years.

“Dreame Technology respects every form of home, listens to every nuanced demand, and brings relaxation and warmth to each of our users with our intelligent and beautiful smart home appliances,” said Yu Hao, founder and CEO of Dreame Technology.

Dreame Technology will continue to explore the cutting-edge technologies in the field of intelligent cleaning. Dreame is committed to bringing users around the world a smart home lifestyle that truly automates their lives and improves their happiness.

About Dreame

Established in 2017, Dreame Technology is an innovative consumer product company that focuses on smart home cleaning appliances with the vision to empower lives through technology. Follow us on Facebook, Instagram and Twitter.For more information, please visit: https://global.dreametech.com/

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Equipped with Huawei’s Tech, Bank of Communications Wins The Asian Banker’s Award of Best Big Data Implementation in China

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BEIJING, Aug. 26, 2022 /PRNewswire/ — The Asian Banker, an authoritative global platform for insights about the finance industry, has unveiled the winner list for its 2022 Financial Technology Awards at Finance China 2022. Bank of Communications (BOC) won the Best Big Data Implementation award for its Lakehouse DaaS built using Huawei Cloud FusionInsight intelligent data lake.


BOC’s business has grown rapidly over the past few years. The bank has expanded the number of business lines and has rendered its business processes more diversified, convenient, and intelligent. As a result, it’s generating an unprecedented amount of data and using it for complex applications. To cope with all this data, BOC has built an intelligent data lake — Lakehouse DaaS — upon Huawei Cloud FusionInsight MRS cloud-native data lake and Huawei Cloud GaussDB(DWS) data warehouse.

Powered by the GaussDB(DWS) distributed data warehouse, BOC has enhanced its access to data, reducing the cost of using data while improving efficiency and quality. BOC has also built a high-quality and centralized dashboard for comprehensive data analysis, which supports the bank’s operational decision-making and helps maximize the value of data.

The FusionInsight MRS real-time data lake has helped BOC develop new technical capabilities, such as real-time collection and computing, and batch-stream convergence. The bank has also deployed real-time collection, computing, analysis, and consumption data flows, supporting various real-time and quasi-real-time business scenarios.

Since launching the intelligent data lake, BOC has made big leaps in several fields.

  • Marketing: Create user personas based on user transactions and interaction behaviors, improving the customer conversion rate by 164%.
  • Risk control: Analyze user behavior features and identify fraud behaviors in real time, reducing the number of risky cases by 52%.
  • Operations: Search and analyze banking data in real time and quickly make informed decisions.
  • Customer relationship management: Establish a customer churn warning model to track customers who are about to churn and retain them.

BOC has worked with Huawei to reconstruct its big data platform. The bank aims to speed up services related to big data and provide timely input for marketing, risk control, supervision, and operations. It also looks to centralize monitoring, enable process-based management, and visualize its data assets for data governance. Ultimately, BOC wants to make sure that its data is working for its business, helping it become a fully digital bank.

To date, Huawei has served over 2000 financial customers from more than 60 countries and regions, including 49 of the world’s top 100 banks. Huawei Cloud FusionInsight is often used in core data analysis platforms by banks, securities, insurance, and other types of financial customers. The solution helps them build a platform where data and AI converge.

Looking ahead, Huawei will continue offering customers high-value analytical capabilities to maximize the value of their data through FinTech innovation.

PR Newswire

Huawei and Bank of China Jointly Win The Asian Banker’s Award of Best Bank Infrastructure Technology Implementation in China

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BEIJING, Aug. 26, 2022 /PRNewswire/ — The “Finance China 2022” event organized by the prestigious international finance magazine The Asian Banker successfully commenced in Beijing on the 25th of August. Huawei and the Bank of China jointly won the Best Bank Infrastructure Technology Implementation in China in the category of Financial Technology Awards.

Huawei has shaped many innovative technological solutions by using its innovative ICT technologies and capacities and orchestrated cross-domain collaboration among technologies, helping financial institutions enhance their operational resilience and provide optimal user experience.

  • NoF+ is an Ethernet-enabled lossless storage network solution that applies NVMe, a high-speed read/write protocol dedicated to flash memory and IP networks. Customers can use this technology to build intelligent and lossless networks that sense network faults and facilitate cross-domain coordination. This solution will significantly increase the IOPS throughput performance compared to Fibre Channel (FC) networks.
  • Replacing FC with NoF+ significantly reduces data read and write latency within data centers. In addition, data can be transmitted without loss across data centers and over long distances thanks to the iLossless algorithm.
  • This solution can help networks proactively sense link status and fast switch storage algorithms in order to reduce the impact of network jitter on financial transactions, and reduce link switching time from minutes to seconds in case of failed transmissions.

Dr. Margaret Hu, President of Marketing and Solution Sales, Huawei Global Digital Finance said, “We thank The Asian Banker for honoring us this significant award. Huawei will continue working with financial institutions and partners to conduct joint innovation and open collaboration. We will build innovative digital infrastructure that helps financial services grow and innovate. Our joint efforts will accelerate the financial industry’s digital transformation.”

To date, Huawei has served more than 2,000 financial customers in more than 60 countries and regions around the world, including 49 of the world’s Top 100 banks. Learn more about Huawei’s digital finance solutions:

https://e.huawei.com/en/solutions/industries/smart-finance