Artificial Intelligence
Huawei Cloud Reaffirms Commitment to the Philippine Finance Industry With Huawei Cloud Finance Summit Philippines 2023
In pursuit of its ambitious vision to revolutionise the financial landscape in the digital age within the Philippines, Huawei hosted the prestigious Huawei Cloud Finance Summit Philippines 2023 at the exquisite Shangri-La The Fort, situated in the heart of Bonifacio Global City, Taguig, Manila. This summit served as a dynamic convergence point for prominent figures and forward-thinking innovators in the Philippine finance sector, fostering deep discussions on propelling the industry forward through groundbreaking innovations.
Sylvia Wang, CEO at Huawei Cloud Philippines, kicked off the event with a welcome address, where she emphasised the encompassing benefits of digital transformation in the world of finance and why it needs to be foundational to the finance industry moving forward.
Wang also observed that the financial industry stands as the vanguard for the most advanced technologies, often serving as the pioneering frontier where numerous innovations take root. This further emphasises the imperative for all stakeholders, ranging from business leaders to financial institutions and intermediaries, to actively explore the digital solutions now accessible within the industry.
Bridging the Digital Gap in the Finance Sector
Huawei has established itself as one of the provider of fintech solutions worldwide. Today, Huawei remains steadfast in maintaining this position and aims to assist an expanding network of financial industry players in harnessing innovation to deliver essential services and promote comprehensive financial inclusion for all.
“Over the past years, we have tried our best to provide the best solutions and services to serve all our industry customers,” Wang noted about the breadth of Huawei’s client base. This client base currently includes 300 financial customers globally—including those in Thailand, Singapore, and the Philippines, where Huawei has been in business for over two decades now.
“Huawei has already been in business in the Philippines for 21 years,” Wang pointed out proudly. “In the past 21 years, Huawei has accumulated a lot of localised experience and has been giving its best cloud services to support local enterprises. We have gained various certifications and professional recognitions, and also comply to the BSP regulation in Philippines as well. Meanwhile, we are also expected to have our local region in the Philippines in the near future.”
Wang added that in this era dominated by cloud-first strategies, Huawei is diligently ensuring that stakeholders within the financial industry have the seamless capability to transition to the cloud and fully capitalise on its advantages.
Huawei Cloud 20-fold Growth in 4 Years, Fastest-Growing Cloud Presence in APAC
Huawei Cloud is, indeed, at the forefront of the cloud revolution in fintech, particularly in the greater APAC region. In his keynote, “HUAWEI CLOUD: Building a Trusted, Innovative Cloud for the Financial Industry”, Huawei Cloud APAC President Zeng Xingyun detailed the unprecedented growth of Huawei Cloud in APAC, where it has seen an 86% growth in revenue over the past four years, along with a 62% increase in its customer base and an 80% increase in the number of its partners.
These impressive gains should come as no surprise as Huawei Cloud, according to Zeng, puts the customers’ needs above all else. This customer-centric approach is facilitated by Huawei Cloud’s extensive network of 14 Availability Zones (AZs), set to expand to 17 with the imminent. Additionally, Huawei Cloud ensures robust local support through a dedicated team of over 30 local experts, ready to provide round-the-clock assistance to its valued customers.
In financial markets, meanwhile, Huawei Cloud saw its revenue increase by 170% last year, thanks to an additional 26 new customers, including some VIP customers such as SCB, KTB, and KTC Bank in Thailand; GLDB Bank and APEX in Singapore; BNC Bank in Indonesia; KBZ Bank in Myanmar, Tune Insurance in Malaysia; and Akulaku in the Philippines.
Why Cloud-Native Is the Way Forward
Undoubtedly, the cloud has taken a primordial role in the finance sector, and Wu Shiwei, CTO at Huawei Cloud APAC, touched on why this is the case in his keynote, “Financial Cloud: Everything as a Service, Building Agile and Smart Finance Together.”
Wu highlighted that enterprises have made the strategic choice to adopt cloud-native infrastructure as the cornerstone of their digital transformation efforts. This decision signifies that those already integrated into the cloud ecosystem will have the initial and more streamlined access to cutting-edge innovations, while those yet to migrate or are in the midst of the transition may find it challenging to access the latest technological advancements in a timely and convenient manner.
Additionally, Wu introduced a few of Huawei Cloud’s cloud-native core banking solutions, starting with its GaussDB database, which replaced more than 600 sets of Oracle databases in Huawei-owned IT systems.
Wu also introduced Huawei’s data-AI convergence, which optimises an institution’s decision-making by enhancing its competence and capability to maximise the value of its data. The first thing to do in this case, Wu explained, is to converge the data wherever it is residing, before integrating the data into machine learning operations and DevOps.
Expanding on this pivotal concept, in his keynote “Banking in the Digitalisation Era,” Huawei’s Chief Digital Transformation Officer of Global Digital Finance, K.T. Chen, delved deeper into how exactly cloud-native is accelerating the digitalisation of the financial sector that is now entering a well-connected world.
Chen, in particular, highlighted technology’s growing role in the digital economy and how it is shaping finance in the Philippines with trends such as digital customer experience, big data and AI, and digital currency. Given this, Chen implored the attendees to always provide customers with “the best-class digital experience with your financial services.”
Driving Finance Forward in the Philippines via the Cloud
Notably, Wang made sure to emphasise in her opening address Huawei’s commitment to enhancing the Philippines’ financial sector through its diverse cloud and innovation solutions.
“As we are already part of the Philippines, we trust that we can bring the most valuable cloud to the nation as we know how to translate our technological capabilities and solutions to meet the specific requirements and scenarios in the Philippines,” said Wang. “We have a dedicated team and dedicated resources right here, and in the very near future, we’ll establish availability zones here in the Philippines. We’re committed to harnessing all our capabilities and resources to ensure that Huawei Cloud doesn’t just soar in the digital skies but stays firmly grounded, close to you!”
In summary, the Huawei Cloud Finance Summit Philippines 2023 was an unequivocal success, leaving a lasting impact on the Philippine financial industry. As the summit came to a close, it was evident that this dynamic collaboration had set the stage for a new era of financial excellence in the Philippines, driven by the power of the cloud.
Speakers Quotes
Chester Velasco, Vice President, Head of IOCS, UnionBank
“Our journey with Huawei Cloud is not just about immediate gains; it’s about building a foundation for long-term success. The hybrid cloud approach offers the scalability required to accommodate future growth, ensuring Unionbank remains agile and responsive as customer needs evolve.”
Samuel Tan, Country Manager, Philippines at Sunline
“Through a dual-core transformation strategy integrating legacy and digital cores, enhanced by cloud hosting, banks can now revolutionise digital finance to meet customer demands securely and efficiently.”
Mary Cheung, Vice President, Business management, Akulaku
“It is a epitome of technology aiding creativity, a testament to the power of partnership, and a collaboration that we can learn, grow and inspire together.”
Michael Calma, Country Manager, Philippines, AdvanceAI
As a young, but amply funded start-up, we need to relentlessly focus on product-market-fit if we are to be successful in a fast growing market such as the Philippines. As Advance.AI, this involves customer-focused innovation and partnerships in localizing global AI technology and best practices into the Philippine context.
Haekal Aufar Amriel, Technical Consultant Manager at Seclron
“In this interconnected world, let’s prepare today to secure tomorrow. Mobile app usage has accelerated over the years, and it is now time to help everyone safeguard against the evolving cybersecurity threats in the digital landscape.”
Elaine Cheong, Head of Marketing at TrustDecision
“In an era of abundant information but scarce trust, we stand as a beacon of reliability and authenticity. We build a global trusted intelligence network for businesses to combat fraud, deliver comprehensive credit risk analytics and ensure compliance with regulations.”
Clarisse Raymundo, Fintech Account Head, Philippines at Wiz.AI
“Harness AI-powered omnichannel customer engagement that impacts customer experience, agent performance, and overall business outcomes with Wiz.AI.”
Artificial Intelligence
Skai positioned as Leader in the 2024 SPARK Matrix for AdTech Platforms by Quadrant Knowledge Solutions
The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis & ranking of the leading advertising technology vendors.Skai, with its omnichannel advertising platform, receives strong ratings across the parameters of technology excellence and customer impact.MIDDLETON, Mass., May 2, 2024 /PRNewswire/ — Quadrant Knowledge Solutions announced today that it has named Skai as a 2024 technology Leader in the SPARK Matrix analysis of the global SPARK Matrix™ AdTech Platform 2024 Market.
Quadrant Knowledge Solutions’ AdTech Platform market research includes a detailed global market analysis, competitive landscape, and functional capabilities. It aims to provide strategic information for technology vendors to enhance their understanding of the market and support their growth strategies by evaluating different vendors’ capabilities, competitive differentiation, and market position.
According to Piyush Kumar, Analyst, Quadrant Knowledge Solutions, “Skai’s ad tech platform offers an integrated approach to omnichannel media orchestration. It combines campaign activation and management capabilities with advanced AI-driven insights to help marketers make smarter decisions. The platform is designed to provide marketers with a holistic view of their media across all advertising touchpoints, ensuring that marketers are not just reacting to data, but are proactively leveraging it to make choices that drive results. Skai’s industry-first capabilities empower marketers to maximize every channel they’re utilizing across every campaign lifecycle, while streamlining operational processes and deepening understanding of consumer behavior and campaign performance. This has positioned Skai as the leader in the SPARK Matrix: Ad Tech Platforms, 2024.”
Quote by Skai:
“As walled garden media evolves into a full-funnel, omnichannel approach underpinned by first-party data and AI, it is critical for brands, agencies, and retailers to work with an advertising technology platform that enables decisioning, activation, and optimization solutions across all top performance media channels,” said Gil Sadeh, Chief Growth Officer at Skai. “We are thrilled at the acknowledgment of our leading position in this space, and look forward to continuing to drive growth for our customers and partners.”
For more information about Skai visit here
About Skai
Skai is an omnichannel advertising platform, uniquely enabling brands and agencies to run data-driven programs across walled garden media. It empowers both media leaders and activation teams to drive impactful results from their advertising program with AI-powered decisioning, activation, and optimization solutions. Its partners include Google, Amazon Ads, Microsoft, Walmart Connect, Apple Search Ads, Instacart, Criteo, TikTok, Snap, Pinterest, Meta, and more.
For over a decade, Skai has earned the trust of notable brands such as HP, Doordash, Sony, Philips, and L’Oreal. Renowned for innovation and a values-driven culture, Skai is headquartered in San Francisco and Tel Aviv with eight international locations.
Media Contacts:Media Contact- [email protected]
About Quadrant Knowledge Solutions
Quadrant Knowledge Solutions is a global advisory and consulting firm focused on helping clients in achieving business transformation goals with Strategic Business and Growth advisory services. At Quadrant Knowledge Solutions, our vision is to become an integral part of our client’s business as a strategic knowledge partner. Our research and consulting deliverables are designed to provide comprehensive information and strategic insights for helping clients formulate growth strategies to survive and thrive in ever-changing business environments.
For more available research, please visit https://quadrant-solutions.com/market-research/
Contact:Ajinkya IngleQuadrant Knowledge SolutionsRegus Business Center35 Village Road, Suite 100,Middleton Massachusetts 01949United StatesEmail: [email protected] Phone: (+1) 978-344-2770Content Source: https://quadrant-solutions.com/press-release/skai-positioned-as-leader-in-the-2024-spark-matrix-for-adtech-platforms-by-quadrant-knowledge-solutions-577Connect with us on LinkedIn- https://www.linkedin.com/company/quadrant-knowledge-solutions/
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The Industry-Leading Motion Platform Company will Present Cutting-Edge Products Like the Award-Winning Dart-Suite Robot Ecosystem and an AI-Powered Bartending Cobot “Mixmaster Moodie”
CHICAGO, May 2, 2024 /PRNewswire/ — Doosan Robotics Inc., one of the world’s leading collaborative robot (cobot) manufacturers, is poised to transform the robotics landscape at Automate 2024, North America’s largest automation showcase, with the industry’s latest cobot advancements across various sectors. Doosan Robotics is exhibiting at Automate May 6-9 at McCormick Place booth #850 in Chicago, IL.
With a comprehensive range of cobots and cutting-edge software like Dart-Suite and AI technology, Doosan Robotics is dedicated to revolutionizing motion solutions tailored to human needs. From machine tending to palletizing, welding, and F&B services, the company offers a diverse array of ready-to-sell solutions catered to both domestic and global markets. That is why Doosan Robotics’ theme at this year’s Automate is “The Motion Platform Company.”
On May 6, Doosan Robotics will unveil its latest, never-before-seen industrial cobot which boasts the greatest capabilities of any machine in its category including a 30 kg payload.
Doosan Robotics booth will feature Dart-Suite, a 2024 RBR50* (Robotics Business Review) Innovation Award-winning advanced robot ecosystem designed to redefine the way customers utilize Doosan cobots. The scalable platform elevates cobot capabilities by providing unlimited programmable motions, while ensuring accessibility for all. Dart-Suite fosters a cohesive environment where every component synergizes, empowering users to create, market, download, and activate functions through diverse interfaces. This evolution propels robots from mere static tools to dynamic, flexible collaborators. The Dart-Suite platform has also been honored as a finalist of the 2024 Automate Innovation Awards in the category of Software.
“Our team at Doosan Robotics is honored to return to Automate 2024, the pinnacle event of automation in North America,” expressed William Ryu, CEO, Doosan Robotics. “We’re committed to transforming the robotics landscape and Automate holds immense strategic significance for us, offering a direct gateway to various industries. Our cobot line’s power will be on full display, alongside the customizable functionality and usage that differentiate our technology. We look forward to sharing our innovative solutions and continuing to drive the industry forward.”
While at Automate, drinks are on Doosan! The industry-leading, motion-platform company will showcase “Dr. Presso,” an unmanned modular café equipped with a top-of-the-line coffee machine, and “Mixmaster Moodie,” a bartending cobot powered by Microsoft’s OpenAI. “Mixmaster Moodie” is coupled with “Tetote,” Bridgestone’s soft robot hand powered by bendy rubber artificial muscle that employs a pioneering cocktail recommendation system to serve a cocktail based on visual and audio cues. Doosan will also present its Training Kit, a certified training equipment which allows users to practice and experience Doosan’s cobot training programs anytime, anywhere.
Doosan Robotics joined forces with prominent global companies, each celebrated for their expertise and dominant presence in the market, to pioneer AI cobot solutions for commercialization. These best-in-class partners in each solution include the Apex Motion Control’s Baker-Bot Quad, a first-of-its-kind modular cake decorating system which consists of individual robotic stations including top and side cake icing, decorative borders, top rosettes, and writing messages and drizzling.
Other partnerships include the Paltz De-palletizing System, a robotic depalletizing work cell with vision from BeRobox with CMES; Ellison Technologies’ AutoPilot Machine Tending Solution which is a load/unload system designed ideally for CNC Machine Tools for the manufacturing industry; the Cloos ArcBot, a Doosan M1013 cobot arm with integrated Cloos StarT welding pack; Hillside Automation’s CNCtender, a Complete Machine Tending solution with software interface on new generation controller; and MARI AARS System which simplifies the deployment, operation, and maintenance of robotic automation systems, marking a groundbreaking advancement in user-friendly AI software and plug-and-play hardware.
Doosan Robotics is driven by a vision to elevate everyday experiences and redefine labor workflows. Their exceptional range of AI cobots is poised to bring about a paradigm shift across various sectors, including manufacturing, logistics, food & beverage, architecture, and service industries. These cutting-edge solutions transcend the constraints of conventional robotics, adeptly maneuvering through intricate scenarios while infusing tasks with enhanced efficiency, safety, and ingenuity. Moreover, the AI system boasts continuous learning capabilities, effortlessly updating its model by autonomously downloading required modules for smooth integration.
Doosan Robotics’ exhibit is located at booth #850 at McCormick Place in Chicago, IL from May 6-9, 2024.
For more information on Doosan Robotics’ Automate 2024 presence, please contact [email protected].
*For more than a dozen years, the RBR50 Robotics Innovation Awards have recognized robots that promise to positively change how we work and live. WTWH Media’s robotics editors select the honorees on the basis of how they address technology and business challenges. The 2024 winners will be celebrated at the inaugural RBR50 Gala at the Robotics Summit & Expo.
ABOUT DOOSAN ROBOTICSDoosan Robotics is a global leader in collaborative robot solutions, embodying the principle of ‘Innovation in every motion, revolutionizing the way we work.’ Doosan robots, known for world-class safety and precision, enhance task efficiency across various sectors from manufacturing to service, enabling people to focus on more valuable work. More information about Doosan Robotics is available at https://www.doosanrobotics.com/en/.
Media ContactR&[email protected]
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Artificial Intelligence
AdTheorent named Leader in the 2024 SPARK Matrix for AdTech Platforms by Quadrant Knowledge Solutions
The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis & ranking of the leading AdTech platform vendors.AdTheorent, with its comprehensive machine learning-powered technology platform, receives strong ratings across the parameters of technology excellence and customer impact.MIDDLETON, Mass., May 2, 2024 /PRNewswire/ — Quadrant Knowledge Solutions announced today that it has named AdTheorent as a 2024 technology Leader in the SPARK Matrix analysis of the global AdTech Platform market.
Quadrant Knowledge Solutions’ AdTech Platform market research includes a detailed global market analysis, competitive landscape, and functional capabilities. It aims to provide strategic information for technology vendors to enhance their understanding of the market and support their growth strategies by evaluating different vendors’ capabilities, competitive differentiation, and market position.
According to Piyush Kumar, Analyst, Quadrant Knowledge Solutions, ‘The AdTheorent platform stands out in the AdTech Platform market due to its advanced machine learning and privacy-forward solutions including its predictive targeting, audience extension solutions, geo-intelligence, and Studio AT creative capability. The platform’s unique features including ID-independent targeting and cross-device mapping help organizations tackle the cookie depreciation challenges, engaging customers across multiple devices, and supporting industry-specific use cases. AdTheorent with its strong partner ecosystem, product strategy & performance, vision, and roadmap has been recognized and is positioned as an emerging leader in SPARK Matrix: AdTech Platform, 2024.’
Quote by AdTheorent:
‘AdTheorent is an ID-independent platform that uses advanced machine learning technology to predict the value of ad impression opportunities based on advertiser goals. Our unique capabilities have never been more relevant as the digital advertising industry evolves beyond ID-based targeting. AdTheorent’s 12-year investment in machine-learning innovation positions us and our advertising partners for success in the post-cookie world,” said Jim Lawson, CEO of AdTheorent. “We are honored to be recognized as a leader in the 2024 Spark Matrix for AdTech Platforms by Quadrant Knowledge Solutions.’
Additional Resources:
For more information about AdTheorent visit here. Complimentary Download – SPARK Matrix™: AdTech PlatformAbout AdTheorent
AdTheorent (Nasdaq: ADTH) uses advanced machine learning technology and privacy-forward solutions to deliver impactful advertising campaigns for marketers. AdTheorent’s machine learning-powered media buying platform powers its predictive targeting, predictive audiences, geo-intelligence, audience extension solutions and in-house creative capability, Studio AT. Leveraging only non-sensitive data and focused on the predictive value of machine learning models, AdTheorent’s product suite and flexible transaction models allow advertisers to identify the most qualified potential consumers coupled with the optimal creative experience to deliver superior results, measured by each advertiser’s real-world business goals.
AdTheorent is consistently recognized with numerous technology, product, growth, and workplace awards. AdTheorent was named ‘Best Buy-Side Programmatic Platform” in the 2023 Digiday Technology Awards and was honored with an AI Breakthrough Award and “Most Innovative Product” (B.I.G. Innovation Awards) for five consecutive years. Additionally, AdTheorent is the only seven-time recipient of Frost & Sullivan’s “Digital Advertising Leadership Award.’ AdTheorent is headquartered in New York, with fourteen locations across the United States and Canada. For more information, visit adtheorent.com.
Media Contacts:
Melanie Berger, [email protected]
About Quadrant Knowledge Solutions
Quadrant Knowledge Solutions is a global advisory and consulting firm focused on helping clients in achieving business transformation goals with Strategic Business and Growth advisory services. At Quadrant Knowledge Solutions, our vision is to become an integral part of our client’s business as a strategic knowledge partner. Our research and consulting deliverables are designed to provide comprehensive information and strategic insights for helping clients formulate growth strategies to survive and thrive in ever-changing business environments.
For more available research, please visit https://quadrant-solutions.com/market-research/
Media Contacts:Quadrant Knowledge SolutionsAjinkya IngleQuadrant Knowledge SolutionsRegus Business Center35 Village Road, Suite 100,Middleton Massachusetts 01949United StatesEmail: [email protected] Phone: (+1) 978-344-2770Content Source: https://quadrant-solutions.com/press-release/adtheorent-named-leader-in-the-2024-spark-matrix-for-adtech-platforms-by-quadrant-knowledge-solutions-576Connect with us on LinkedIn- https://www.linkedin.com/company/quadrant-knowledge-solutions/
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