HONG KONG, April 25, 2024 /PRNewswire/ -- Today, at the Huawei Cloud Summit Hong Kong, themed "Leap to Intelligence", Lv Jinjiang, CTO of Huawei Mainframe Modernization BU for International Business and CTO of Huawei Hybrid Cloud for International Business, delivered a keynote speech titled "Mainframe Modernization, Transforming Financial Core Systems Faster." In this speech, Lv introduced Huawei's mainframe modernization solution.
Lv Jinjiang, CTO of Huawei Mainframe Modernization BU for International Business and CTO of Huawei Hybrid Cloud for International Business
Lv Jinjiang said: "The accelerating digital and intelligent transformation of industries has been driving a shift from mainframes to open architectures. Huawei's Mainframe Modernization solution provides cloud-hardware synergy, more dependable processes, and innovative scenario-specific solutions. It helps establish an open architecture for modern core systems. It is a new trusted solution for customers."
Transforming mainframe systems requires end-to-end full-stack migration covering hardware, databases, middleware, and core application systems, which is a worldwide challenge. With more than 30 years of ICT expertise, Huawei will try to make breakthroughs in 10 key technologies related to hardware, software, and processes:
Huawei's Mainframe Modernization solution leverages the advantages of software-hardware synergy and consolidates Huawei's extensive experience serving diverse industries. It helps government and enterprise customers modernize their mainframe systems faster in the following ways:
The accelerating digital and intelligent transformation poses new requirements for independent innovation of digital technologies. In the finance sector, most financial institutions have deployed cloud infrastructure and migrated some applications to the cloud, and some top banks have migrated their core applications to cloud and built modern core systems. In the future, Huawei will continue to invest more in innovation using foundational technologies and to help more customers across diverse industries modernize their mainframe systems faster.
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