Fintech PR
Huawei and Partners Strategise to Revamp Asia Pacific Internet Infrastructure For AI And 5G Connectivity
Huawei ISP Summit Asia Pacific 2019 was held today at the Mulia Resort, Bali, Indonesia, gathered over 150 key industry players and analysts to exchange views on How the ISP industry could speed up infrastructure transformation so as to tackle the innovation challenges in Asia Pacific in the AI & 5G era. Most top ISP providers in the region such as Telin(Singapore), IndoKeppel(Indonesia), Tata Communications(India), and UCloud(China). The summit, in its fourth year, took the theme of “Leading New ICT, Accelerate Service Innovation with ISP”.
Asia Pacific Internet services are ushering into the digital and AI era featuring data explosion and multiplied innovation after going through the data silo era and the fully connected era. The dramatic surge in demand for digital resources, the low latency of massive data transmission, large bandwidth, and network traffic optimization have brought huge business challenges to ISPs.
To rise to these challenges, ISPs need more open, more flexible, more agile, and more secure Internet infrastructure to meet Asia-Pacific users’ new requirements for Internet application services such as data centres (DCs), e-commerce, social networking, gaming, online payments, and tours, especially the requirements of multinational business development and technical innovation.
IDC research shows that companies in Asia Pacific have paid more attention on the return of investment than before. They have further reduced traditional ICT spending and chosen more cloud-based spending on infrastructure, software and services. According to IDC predictions, by 2020, at least 55% of organizations in the Asia Pacific region (excludingJapan) will be digitally determined, transforming markets and re-imagining the future through new business models and digitally enabled products and services. By 2022, the spending of enterprises in the Asia Pacific region (excludingJapan) on managed cloud services will be increased to nearly US$18 billion, driven by the need to optimize ROI, reduce budget and cope with the scarcity of cloud experts in the region.
At the summit, industry players agreed that, benefiting from the Smart Nation strategy and strong infrastructure, Singapore will continuously lead the regional digital economy in the Asia-Pacific region, as long as it makes good use of its own capital advantages and invests more in submarine cables and data centres. Indonesia, the Philippines, and Malaysia were also highlighted for their huge potential as digital economies, albeit with pressing needs for more backbone network and data centres.
Huawei today unveiled a suite of new solutions to help Internet Service Providers (ISPs) revamp Internet infrastructure in Asia Pacific, as the region embarks on a drive towards Artificial Intelligence (AI) deployment and 5G connectivity.
These solutions will enable traditional ISPs to reshape their legacy Internet infrastructure into a more open, agile and secure model that can handle a cloud-driven economy. These solutions include the industry’s first-ever data centre switch with an embedded AI chip, the CloudEngine 16800, FusionServer 2298 V5, all-flash storage OceanStor Dorado 3000, and 600G DCI + OXC. The suite of new solutions from Huawei comes amidst industry consensus that traditional ISPs in Asia Pacific will find themselves in a fully cloud-driven era by 2020, with accelerating AI innovation and data explosion.
FiberStar, a nationwide infrastructure service provider in Indonesia, and Huawei signed a memorandum of understanding (MoU) during the summit. This MoU aims to explore potential collaboration in areas of Fixed Network, Data Centre. Both parties will collaborate to accelerate the internet infrastructure transformation in Indonesia. Huawei will contribute as a strong technology partner in network and data centre solution design and execution.
Daniel Zhou, President, South Pacific, Huawei Enterprise Business Group said, “The current state and pace of development of Internet infrastructure in Asia Pacific remains uneven, with great variations from country to country. Huawei’s aim is to capitalize on our global expertise and experience to work with the countries that could benefit from support to reshape their Internet infrastructure and networks, such as Indonesia, Malaysia, the Philippines, India and Thailand. At the same time, we are committed to tailoring solutions for more advanced digital development needs of countries such as Singapore.”
He continued, “Huawei is currently the most ideal partner in driving ISP transformation within the Asia Pacific region. As a reflection of ISPs’ confidence in our abilities, Huawei’s ISP business revenue in the Southern Pacific Region achieved a 112% growth in 2018, and we expect this to grow steadily in 2019. As the application of clouds in the Asia-Pacific Internet industry accelerates, Huawei will continue to provide leading and innovative solutions for ICT infrastructure such as clouds, DCs, and networks, helping customers build an open, flexible, agile, and secure infrastructure platform to accelerate business innovation and remain competitive in the digital age.”
Wing Kin Leung, CTO of Marketing and Solution Sales Department of Huawei Enterprise Business Group commented, “As a provider and innovator of cloud services and infrastructure, Huawei will meet the needs of customers for rapid service rollout, flexible release of resources, big data analytics, ultra-wide DC interconnection, and VR and ultra HD streaming services, helping ISPs complete rapid transformation. By unified cloud management, Huawei cloud DCs enable application acceleration, agile delivery, and energy efficiency.”
Most recently, Huawei has helped Indonesia’s famous ISP Biznet complete digital transformation. Biznet offers Internet services to Internet vendors engaged in online local specialty sales, Internet enterprises engaged in live streaming and HD videos online, and innovative enterprises that invest in local social media or sharing platforms. These companies benefit people in Indonesia, which will finally vigorously advance the development of the digital economy in the Asia Pacific region and greatly extend the scope of the digital world in these countries.
Currently, in over 700 cities around the world, 211 of Fortune Global 500 and 48 of Fortune Global 100 have selected Huawei as their partner for digital transformation. Huawei has provided solutions for more than 1,000 Internet companies and DC service providers in more than 50 countries, helping them cope with the pressure of operational restructuring and infrastructure and complete digital transformation.
FACTSHEET
At Huawei ISP Summit Asia Pacific 2019, the leading global ICT solutions provider launched four new solutions to help revamp Internet infrastructure in Asia Pacific, in support of the region’s push towards 5G connectivity and increased AI deployment. These comprise the following:
- CloudEngine 16800: It is the industry’s first DC switch with an embedded AI chip that uses the innovative iLossless algorithm. The switch implements global network auto-optimization capabilities of millions of flows and application-based queues in various scenarios. This ensures that the intelligent and lossless DC network can achieve the highest throughput while packet loss is prevented. The AI computing power has been increased from 50 percent to 100 percent It provides the industry’s highest density 48-port 400GE line card per slot and the industry’s largest 768-port 400GE switching capacity.
- FusionServer 2298 V5: It provides flexible and ultra-large local storage expansion capabilities while delivering excellent computing performance, helping reduce data storage costs. In a 2U chassis space, 2298 V5 supports 2 Intel® Xeon® Scalable processors, 12 DDR4 DIMMs, and 24 3.5” and 4 2.5” (up to 4 NVMe SSDs) hard drives for local storage. It incorporates patented technologies such as Dynamic Energy Management Technology (DEMT) and Fault Diagnosis & Management (FDM), and integrates Huawei’s eSight software for entire-lifecycle management, helping customers drive down operating expense (OPEX) and improve return on investment (ROI).
- OceanStor Dorado3000 V3: It leverages industry-leading FlashLink® technology to ensure stable performance even during peak hours The intelligent multi-protocol interface chip supports industry-leading 32 Gbit/s FC and 100GE front-end protocols, while Huawei’s intelligent Baseboard Management Controller (BMC) manages CPUs, memory, and other components in a unified manner to shorten fault recovery time from two hours to ten minutes. The OceanStor Dorado3000 V3 also adopts industry-leading inline deduplication and compression technologies to cut the costs of energy consumption, cooling, and management and maintenance, reducing overall OPEX by 65 percent.
- DCI + OXC: Based on the algorithm accumulation of Huawei-developed optical digital signal processor (oDSP) chips, Huawei combines channel-matched shaping (CMS) and optical-layer AI neuron technologies to build 600G commercial capabilities, realizing the maximum transmission capacity and distance in the real environment and achieving the best transmission performance in the industry. The OXC all-optical switching technology builds a simplified optical layer. The all-optical backplane supports 32-degree wavelength switching and high integration. With the application of One Direction One Unit (1D1U), one board integrates the functions of multiple boards, such as multiplexer/demultiplexer, OA, and optical supervisory boards. This greatly reduces the number of boards required and simplifies internal fiber connections. It enables one-click service provisioning and automatic hitless bandwidth adjustment, making the network more flexible and intelligent to adapt to rapid changes in cloud services.
Huawei also demonstrated new ICT solutions to help ease Internet Service Providers into a smoother transition from a current model of data centres, dark fiber and Internet Access Provider (IAP), to cloud services, cloud connectivity and Managed Service Provider (MSP).
- DC to Cloud Service: Huawei’s cloud DC network features elastic scalability, easy O&M, and agile deployment, and an energy-saving technical solution with modular design. In addition, visualized tools for business design help complete business computing, storage, network, and application resource allocation within 10 minutes. The innovative SDN is compatible with traditional network solutions and integrates software and hardware to reduce the configuration workload by 90%.
- Dark Fiber to Cloud connectivity: Huawei’s solutions include interconnection switching devices designed with innovative SDN architecture and Cloud Fiber. This enables ISPs to implement fast transmission, flexible scheduling, and fast migration of data on a wide area network (WAN), and build and support virtual bandwidth operation services.
- IAP to MSP: Huawei demonstrated its rich service access capabilities to help IAPs improve competitiveness in bandwidth acceleration and help identify new opportunities for MSPs and develop cloud-based WiFi management solutions for enterprise customers.
SOURCE Huawei
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President Emmerson Mnangagwa met this week with Zambia’s former Vice President and Special Envoy Enoch Kavindele to discuss SADC’s candidate for the AfDB
President Mnangagwa, who is SADC Chairperson, reaffirmed his own country’s and SADC’s enthusiastic support for Zambian candidate Sam Maimbo
LUSAKA, Zambia, Dec. 20, 2024 /PRNewswire/ — Special Envoy Kavindele released the following statement following the meeting:
“I am elated to witness the growing success and momentum of Sam Maimbo’s candidacy to become the next President of the African Development Bank. I am filled with gratitude to our friends across both SADC and COMESA for their continued support and good wishes.
Sam has garnered such wide consensus due to his being uniquely qualified to deliver the transformative change and empowerment our continent needs. Sam’s 30 years in development work is defined by driving outcomes, improving processes, and investing in people. The AfDB needs a hands-on leader who is laser focused on delivering results and who is unafraid of making tough decisions in order to best serve our continent. Sam is that leader. Sam has the track record and experience to drastically enhance the pace, scale, and impact of the Bank’s work in service of the people and governments of Africa.
Our region has a proud history of supporting fellow Southern Africans. For example, we all recall Lusaka’s role in hosting the African National Congress’ headquarters during the dark days of Apartheid oppression.
It therefore gives me no pleasure to observe my South African brothers, who have themselves leant on Zambia’s steadfast friendship over many decades, fail to rally behind both SADC and COMESA’s chosen candidate for the AfDB. Africa’s urgent economic development challenges demand transformational leadership at the AfDB, it is all of our responsibility to put forward the best candidate for the job. This is not the time or place for a government to act with narrow self-interest, we all must act in the continent’s and AfDB’s best interest.
I thank Sam Maimbo for his lifelong service to our entire continent, and I am eager to witness his enormous impact as President of the AfDB.”
Fintech PR
Stay Cyber Safe This Holiday Season: Heimdal’s Checklist for Business Security
LONDON, Dec. 20, 2024 /PRNewswire/ — Heimdal Security shares a practical holiday cybersecurity checklist, offering expert insights to help businesses safeguard against cyber threats this festive season.
With reduced staffing, remote work setups, and a surge in online shopping creating heightened vulnerabilities, this guide offers actionable tips to enhance business security.
Going beyond basic advice, the checklist also highlights the most common holiday scams and features videos showcasing real-life examples of Christmas-themed cyber scams and effective prevention strategies.
Key Tips to Protect Businesses This Holiday Season:
- Strengthen endpoints: Ensure devices are updated with antivirus and endpoint protection software; consider Endpoint Detection and Response (EDR) and application whitelisting.
- Prepare for phishing spikes: Train staff to identify suspicious emails, enforce robust email filters, and establish protocols for reporting unusual activity.
- Secure remote access: Mandate VPN usage, monitor unusual logins, and deactivate inactive accounts temporarily.
- Segment and shield networks: Isolate sensitive areas, deploy DNS security and advanced firewalls, and maintain full visibility over network traffic.
- Apply timely patches: Regularly update all systems and test patches in a controlled environment to minimize disruptions.
- Mitigate supply chain risks: Assess vendors thoroughly and limit their access to essential systems.
- Have a response plan ready: Tailor incident protocols for the holidays, create an on-call rotation for the IT team, and enable rapid action against suspicious activity.
“ Cybercriminals thrive on holiday distractions, but with proactive measures like phishing training, secure endpoints, and network segmentation, businesses can stay ahead of potential threats,” said Alex Panait, System Administrator at Heimdal Security.
Common Holiday Scams That Businesses Should Watch For:
Cybercriminals often tailor their tactics to exploit the festive season. The most common scams include:
- Spear phishing: Emails disguised as holiday bonuses or event invitations that steal credentials or spread malware.
- Malicious holiday E-Cards: Festive greetings that contain links deploying ransomware or spyware.
- Fake E-Commerce sites: Fraudulent websites offering discounts to steal payment information.
- Insider threats: Distracted or disgruntled employees mishandling or exploiting sensitive data.
- Corporate travel scams: Fake booking platforms targeting business travelers.
- Business email compromise (BEC): Fraudulent requests for urgent wire transfers during year-end financial rushes.
For more, read the full article here or watch the video on YouTube to see how these threats unfold and learn actionable prevention strategies.
About Heimdal:
Established in Copenhagen in 2014, Heimdal® empowers CISOs, security teams, and IT administrators to improve their security operations, reduce alert fatigue, and implement proactive measures through a unified command and control platform.
Heimdal’s award-winning cybersecurity solutions span the entire IT estate, addressing challenges from endpoint to network levels, including vulnerability management, privileged access, Zero Trust implementation, and ransomware prevention.
For further press information:
Madalina Popovici
Media Relations Manager
[email protected]
View original content:https://www.prnewswire.co.uk/news-releases/stay-cyber-safe-this-holiday-season-heimdals-checklist-for-business-security-302337465.html
Fintech PR
According to Tickmill survey, 3 in 10 Britons in economic difficulty: Purchasing power down 41% since 2004
The people who have the most problems are women (30%) and are between 35 and 49 years old (39%)
ROME, Dec. 20, 2024 /PRNewswire/ — The purchasing power in the UK has dropped by 41% over the last 20 years. Today, £100,000 left in a bank account since 2004 without being invested would now be worth £59,021.
This figure is one of the findings from a study conducted by Tickmill, an international online trading broker that compared the economic situation in the UK and the European Union through the infographic “Purchasing Power and Cost of Living: UK vs EU”.
The analysis reveals a slight decline of 0.4% in the UK’s purchasing power, which currently stands at £41,573. In contrast, the European Union has seen a modest rise of 0.1%, reaching £40,874.
Why is purchasing power declining in the UK? One key factor is the cost of living. If the UK were still part of the European Union, it would rank as the fifth most expensive country, behind Ireland, Luxembourg, Denmark, and the Netherlands.
Unsurprisingly, 3 in 10 Britons are struggling with the cost of living. Women (3 in 10, compared to 25% of men), those aged between 35 and 49 (4 in 10), households earning less than £15,000 (6 in 10), and single parents (1 in 2) are among the most affected groups.
Among UK nations, Northern Ireland is the hardest hit, with 34% of its population facing financial difficulties, followed by Wales (31%), England (28%), and Scotland (22%). In England, the North East has the highest percentage of people struggling, with 4 in 10 residents affected. Even in London, the high costs impact 1 in 4 adults.
In response to these challenges, Britons are making significant adjustments:
- 53% have cut back or delayed spending on smaller items like eating out, entertainment, subscriptions, clothing, toys, books, etc.;
- 52% have reduced household energy consumption;
- 48% have decreased their grocery spending;
- 41% have scaled back or postponed major expenditures, such as holidays, cars, and weddings;
- 26% are working longer hours, taking on overtime, or pursuing additional jobs to earn extra income.
The British also made changes on the financial side. One in four adults has been forced to dip into their savings or investments to cover daily expenses. Moreover, 44% have stopped saving or investing entirely or have reduced their savings and investments—a 4% increase compared to 2023.
The lack of investment is another critical factor contributing to the decline in purchasing power. It is estimated that 13 million UK residents hold £430 billion in cash deposits but do not invest. The reasons? Seventy-four percent say they cannot compare investment products effectively, and 43% are afraid of losing their money.
A lack of knowledge and fear are preventing many savers from taking advantage of an important opportunity: preserving or increasing their purchasing power in the long term.
Photo: https://mma.prnewswire.com/media/2586123/Tickmill.jpg
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