Huawei's Vision for the Future of Finance at Gitex Global 2024

Jassim Haji

President of the International Group of Artificial Intelligence, Executive Advisor of HH (His Highness) Nasser Artificial Intelligence Research and Development Center.

In today's fast-evolving world, staying updated with technology is crucial for businesses, especially in the banking and finance sector. At the recent GITEX GLOBAL 2024, Huawei hosted a Finance Forum that redefined the future of financial services under the theme "Boost Resilience, Reshaping Smarter Finance Together."

The financial world is at a critical turning point. Banking services have become integral to daily life, presenting new challenges in security, efficiency, and customer satisfaction. Huawei’s innovative and comprehensive response is drawn from its experience in transforming China's financial landscape where the company envisions not just technological upgrades but a complete rethinking of financial systems.

Central to Huawei's strategy is the forward-thinking "4 Zeros" concept: Zero Downtime, Zero Wait, Zero Touch, and Zero Trust. In today's world, where even a brief system outage can cost millions and damage customer trust, Huawei's focus on building a robust and reliable system is not just timely but essential and critical.

But Huawei's vision extends beyond resilience. The company recognizes that the future of finance also depends on flexibility and smart technology. By promoting modern applications and the strategic use of artificial intelligence and real-time data processing, Huawei is paving the way for a financial ecosystem that's not only secure but also innovative and is quick to respond to changing customer needs.

Perhaps most importantly, Huawei understands that collaboration is key to its vision. Their commitment to working with partners around the world shows they recognize that the future of finance will be built on shared innovation and expertise.

As banks and financial institutions look to the future, Huawei's forum challenges them to think beyond small improvements and embrace a transformed industry. The potential rewards are significant, not just in terms of better operations and profits, but in the ability to offer financial services that truly meet the needs of today's digital-first world.

Huawei’s contributions at the forum are more than just technological advancements; they are driving a more resilient, intelligent, and customer-focused finance industry. As GITEX GLOBAL 2024 concludes, it is clear that the future of finance is being reshaped, and Huawei is leading the way.

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