Huawei Cloud is helping to transform the finance industry with powerful AI model Pangu and Everything as a Service smart solutions
HUAWEI
Huawei Cloud is helping to transform the finance industry with powerful AI model Pangu and Everything as a Service smart solutions
According to a recent Cloud Business Survey from PwC , two-thirds of financial services organisations are turning to the cloud for innovation and growth .
That is hardly surprising , considering cloud provides access to powerful built-in features and services – and leverages the AI opportunity . Unlimited , flexible capacity also allows financial organisations to quickly scale up or down , while also removing dependency on legacy technology .
In short , migrating to the cloud can supercharge the financial organisation .
That was one of the key messages emerging from Abu Dhabi Finance Week ( ADFW ). This event attracted global finance leaders for discussions and insights on the industry ’ s future .
That future is looking bright if the Huawei Cloud Fintech Summit Middle East and Central Asia 2023 was anything to go by , held during ADFW and featuring several key announcements unveiling cutting-edge solutions that could reshape the entire service chain .
Central to these solutions were Huawei Cloud ’ s powerful Pangu 3.0 AI large language model , the flexibility of Huawei Cloud , and how traditional banks and fintechs alike can transform their services and enhance customer experience .
“ Huawei Cloud has been engaged in digital transformation of the financial industry for
92 January 2024