Red Hat announces Singapore winners for APAC Innovation Awards 2020

Red Hat, the world's leading provider of open source solutions, has announced the winners of the Red Hat APAC Innovation Awards 2020 for their exceptional and innovative use of Red Hat solutions. This year’s awards honoured 27 Asia Pacific (APAC) organisations for digital transformation, hybrid cloud infrastructure, cloud-native development, automation and resilience.

Dirk-Peter van Leeuwen, Senior VP and GM, APAC, Red Hat said: “2020 has been a year of uncertainties – but also possibilities. It’s inspiring to see how organisations in Asia Pacific are using open source to quickly and effectively meet changing market landscapes and consumer demands. Congratulations to this year’s winners, who we believe will become role models to other organisations looking for ideas to transform their business. We look forward to working with our customers to help them address the many real challenges our customers face today, and unlock the unlimited possibilities of taking the business forward.”

Since there is no one-size-fits-all blueprint for digital transformation, this year’s Red Hat Forum Asia Pacific aims to inspire organisations to unleash the power of open source technologies to achieve their short-term goals and future-proof their business for the next normal. To support this, the Red Hat APAC Innovation Awards 2020 recognise the technological achievements of organisations that demonstrate creative thinking, determined problem solving and creative use of Red Hat solutions to make a difference in their business, industry or society.

In a November 2019 study sponsored by Red Hat, 95% of APAC executives surveyed said digital transformation has gained importance* and perceived it as a strategy for both survival and growth in the new normal. This has increased the need to use innovative technologies to create new business models, products or services.

The 2020 winners were selected based on the impact of their Red Hat deployments on their business goals, industry and communities, as well as the uniqueness of vision for the project. They displayed how open source platforms and culture have helped them improve productivity, agility and cost savings, while empowering them to address future challenges and emerging trends more confidently and effectively. There were two winners from Singapore:

GIC

Categories: Digital Transformation and Cloud-Native Development

GIC is a global investment firm established in 1981 to manage Singapore’s foreign reserves. A long-term value investor, GIC is positioned for investments across a wide range of asset classes, including equities, fixed income, private equity, real estate and infrastructure. Headquartered in Singapore, GIC employs more than 1,700 people across 10 offices in key financial cities worldwide. The Technology Group in GIC leads innovation and transformation within the organisation, and develops holistic solutions to enhance GIC’s investment decisions and operations.

As part of a digital transformation roadmap, the Technology Group embarked on an effort to use container-based technology, to develop and deploy applications and business solutions in a more efficient, more secure and scalable way. Through the development of applications grounded in a container platform and microservices architecture, cloud-native-first was identified as an integral capability for this project.

GIC deployed Red Hat OpenShift Dedicated as its fully-managed enterprise grade container platform on AWS to host some of its critical IT solutions, complemented by Red Hat Ansible Automation Platform and Red Hat Enterprise Linux. As a result, GIC was able to create a robust and scalable infrastructure with a predefined service-level agreement (SLA), reduce its total cost of operations over the long term, develop more efficient processes and enhance security.

Khor Hwai Siang, head, Architecture & Solution Delivery, Technology Group, GIC said: “GIC’s Technology Group drives digital innovation to enhance our investment decisions and operations. Using Red Hat’s cloud-native solutions has enabled us to holistically improve our business infrastructure, which has in turn enhanced the efficiency and security of our operations.”

Standard Chartered Bank

Category: Digital Transformation and Cloud-Native Development

Standard Chartered is a multinational banking and financial services company. It operates in 60 markets and employs around 86,000 people. The bank needed to transform and disrupt emerging markets by ramping up its digital capabilities for its online and mobile banking channels. It also aims to provide better customer satisfaction in regions with increasing digital penetration like GCNA (Greater China & North Asia), ASA (ASEAN & South Asia) and AME (Africa & Middle East). To achieve these goals, it adopted Red Hat OpenShift, Red Hat Enterprise Linux, Red Hat JBoss Enterprise Application Platform, Red Hat JBoss Web Server and Red Hat Fuse to increase productivity and develop and deploy applications faster.

The bank’s RPBWM (Retail, Private Banking & Wealth Management) Digital Channels team, supported by Red Hat Consulting, was able to use Red Hat OpenShift to accelerate the revamp of the legacy channel applications (Internet banking and mobile banking) into a microservices driven, cloud-native solution.

By adopting Red Hat OpenShift, the bank saw a reduction in infrastructure cost, the ability to scale up and support a several-fold increase in traffic, reduced time to deploy and go-to-market for applications, and a greatly simplified production rollout and recovery process. The platform also played a critical role in the rapid rollout of digital banking capabilities for several countries in the AME region by improving overall time-to-market and reduced total cost of ownership.

Paul Beresford, Global head, Retail Banking and Channels - Technology, Standard Chartered Bank stated: “As a multinational bank, Standard Chartered has the responsibility of providing a seamless digital experience so our customers across Asia, Africa and the Middle East have access to easy and convenient banking services. With the scalable and consistent cloud-native platform developed on Red Hat OpenShift, we are able to achieve optimal operational efficiency, allowing our teams to best serve our customers.”

The Digital Transformation category recognises organisations that have successfully addressed IT challenges and delivered business value to effectively compete as a digital enterprise. The Cloud-Native Development category showcases agile methodologies and organisations that have most successfully illustrate superior overall performance in creating, maintaining and deploying successful business applications.

Other winners include Bajaj Allianz Life Insurance and China Mobile Communications in the Hybrid Cloud Infrastructure category; Ambank Malaysia and ANZ for Cloud-Native Development; China CITIC Bank International and NIRS for Automation; Chunghwa Telecom and RIKEN (partnered with Fujitsu) for Resilience; as well as IndusInd Bank and Orange Life for Digital Transformation. ANZ also picked up a Digital Transformation award. Hashtag: #RedHatForum

*Understanding APAC’s Success in Digital Transformation, July 2020

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