PR Newswire
22 Jul 2022, 12:04 GMT+10
SINGAPORE, July 22, 2022 /PRNewswire/ -- At the Huawei Intelligent Finance Summit 2022, Huawei released six scenario-specific storage solutions for the finance industry, helping financial customers build a data-centric, trustworthy storage foundation.
During his keynote speech, Dr. Peter Zhou, President of Huawei IT product line, explained how data is the catalyst to drive innovation in finance. He also noted the four major challenges of data storage:
Huawei focuses on six key data scenarios, including production & transaction, data analytics, data protection, and develops innovative storage that serves as a reliable, efficient data foundation for financial customers.
Production and Transaction Acceleration
OceanStor Dorado all-flash storage enhances both NAS and SAN capabilities, achieving a latency of just 0.05 ms, to accelerate core banking services by 3-fold and processing of mass small files during data exchange by 100%.
Data Analytics Acceleration
OceanStor Pacific HDFS storage adopts a decoupled storage-compute architecture, on which it innovatively supports data format convergence for lakes and warehouses. This allows data to be queried immediately after being imported to a lake, enabling real-time big data analytics from T+1 (today + 1 day) to T+0 with lowest TCO to help operators make efficient, well-informed decisions.
All-Scenario Data Protection
OceanStor Dorado supports the first-ever integrated SAN & NAS active-active solution; OceanProtect backup storage delivers 3x higher backup bandwidth and 5x higher recovery bandwidth, greatly shortening the backup window; and the ransomware protection storage solution covers both primary and backup storage to comprehensively protect against ransomware threats.
Automatic Management
The intelligent Data Management Engine (DME) automates the entire data lifecycle. From planning, deployment, O&M, to optimization, the whole process is visualized, controllable, and traceable, improving resource efficiency by 20% and slashing OPEX.
VMware Cloud Platform Storage
OceanStor Dorado can be integrated with the VMware cloud platform to provide E2E automatic resource provisioning and centralized O&M. It also delivers 99.99999% availability and an ultra-low 0.05 ms latency, to facilitate seamless cloud migration of financial data.
OceanStor Dorado NAS decouples containerized applications from storage to facilitate on-demand expansion of compute and storage resources. Other benefits include 10x higher performance for mass small files, cross-node data sharing, and 30% faster resource scheduling than the industry benchmark.
Dr. Peter Zhou stressed the importance of reliable storage in a digital world. He said, "We are ushering in the yottabyte data era, where more data applications are being released and more data is being produced. Huawei data storage will help financial customers build a data-centric, trustworthy storage foundation to drive digital transformation."
Click here to read how Huawei storage solutions are transforming the finance sector.
SOURCE Huawei
Get a daily dose of Singapore Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Singapore Star.
More InformationTHE VATICAN - The world is in shock and mourning on Easter Monday as it woke to the news that Pope Francis had died. Having recently...
NEW YORK CITY, New York: A former New York City police sergeant, Michael McMahon, was sentenced this week to 1.5 years in prison. He...
WASHINGTON, D.C.: U.S. Interior Secretary Doug Burgum has ordered a stop to construction of Equinor's Empire Wind project off New York's...
SINGAPORE: Amid rising trade tensions, several Asian nations are stepping up energy purchases from the U.S. in hopes of easing tariff...
WASHINGTON DC - In a bid to combat illegal border crossings, the Trump Administration has enacted an emergency transfer of some 110,000...
More than 200 journalists and news photographers, together with family members, have been killed in Gaza in the last 16 months. Despite...
TOKYO, Japan: Toyota is weighing plans to build the next-generation RAV4 SUV in the United States, according to three people familiar...
WASHINGTON, D.C.: Ford is recalling more than 148,000 vehicles across two safety campaigns, according to a notice issued by the National...
NEW YORK CITY, New York: Archer Aviation has announced plans to start an air-taxi service in New York City, working with United Airlines....
TAIPEI, Taiwan: Taiwan's TSMC reported stronger-than-expected first-quarter earnings on Thursday, driven by booming demand for AI-related...
LONDON - Google is facing a multibillion-pound legal challenge in the UK over allegations it misused its dominance in online search...
Lyft is making its first move into Europe with the purchase of mobility platform FreeNow, a nearly $200 million deal that signals a...