Latest news with #DigitalCore
Business Times
23-04-2025
- Business
- Business Times
Digital Core Reit's Q1 distributable income rises 9.9% to US$11.7 million
[SINGAPORE] Digital Core Real Estate Investment Trust (Reit) posted distributable income attributable to unitholders of US$11.7 million for the three months ended Mar 31, 9.9 per cent higher from the year-ago period. The manager of the data centre-focused Reit said in a business update on Wednesday (Apr 23) that revenue for its first quarter jumped 79.9 per cent to US$44.2 million, from the same quarter in 2024. Net property income also rose, by 41.8 per cent year on year to US$22.4 million. Tax expenses however, were 61.2 per cent higher, at US$4.1 million. The manager did not provide distribution per unit for the quarter. Occupancy at the Reit's data centres in Frankfurt, which account for 29 per cent of Digital Core's portfolio, was 99.6 per cent as at Mar 31, slightly higher than 99.5 per cent the year before. Occupancy at the data centres in Northern Virginia and Silicon Valley, which account for 40 per cent of the Reit's portfolio, was unchanged at 100 per cent. Units of the Reit advanced US$0.005, or 1.06 per cent, to close at US$0.48 before the update.
Business Times
23-04-2025
- Business
- Business Times
Digital Core Reit's Q1 distribution income rises 9.9% to US$11.7 million
[SINGAPORE] Digital Core Real Estate Investment Trust (Reit) posted distribution income attributable to unitholders of US$11.7 million for the three months ended Mar 31, 9.9 per cent higher from the year-ago period. The manager of the data centre-focused Reit said in a business update on Wednesday (Apr 23) that revenue for its first quarter jumped 79.9 per cent to US$44.2 million, from the same quarter in 2024. Net property income also rose, by 41.8 per cent year on year to US$22.4 million. Tax expenses however, were 61.2 per cent higher, at US$4.1 million. The manager did not provide distribution per unit for the quarter. Occupancy at the Reit's data centres in Frankfurt, which account for 29 per cent of Digital Core's portfolio, was 99.6 per cent as at Mar 31, slightly higher than 99.5 per cent the year before. Occupancy at the data centres in Northern Virginia and Silicon Valley, which account for 40 per cent of the Reit's portfolio, was unchanged at 100 per cent. Units of the Reit advanced US$0.005, or 1.06 per cent, to close at US$0.48 before the update.
TECHx
04-03-2025
- Business
- TECHx
Huawei Cloud Unveils AI-Native Solutions at MWC 2025 - TECHx Media Huawei Cloud Unveils AI-Native Solutions at MWC 2025
Huawei Cloud Unveils AI-Native Solutions at MWC 2025 The Huawei Cloud Summit 2025, held under the theme 'Accelerate Intelligence, Amplify Success,' successfully concluded in Barcelona, gathering hundreds of industry leaders and experts from sectors including telecom, finance, government, and the internet. The event highlighted Huawei Cloud's latest innovations, services, and AI-powered solutions, reinforcing its commitment to driving intelligent transformation across industries worldwide. As artificial intelligence (AI) rapidly reshapes industries, Huawei Cloud remains at the forefront of this transformation. Jacqueline Shi, President of Huawei Cloud Global Marketing and Sales Service, emphasized that AI is not just a technological trend but a core company strategy. With a vision of transitioning from cloud-native to AI-native, Huawei Cloud focuses on two key pillars: 'AI for Cloud' – embedding AI across all services to enhance performance, and 'Cloud for AI' – providing robust platforms, tools, and professional services to accelerate AI development. In 2024, Huawei Cloud recorded over 50% growth outside of China, becoming the trusted partner for more than 140 telecom carriers and 500 financial institutions seeking digital and intelligent upgrades. Jacqueline Shi reaffirmed Huawei Cloud's commitment to continuously enhancing its services to meet evolving industry needs and support enterprises in accelerating their intelligent journeys. Huawei Cloud's innovative solutions are tailored to multiple sectors. For telecom carriers, Huawei Cloud offers advanced hybrid cloud solutions to unify IT infrastructure, expand application ecosystems, and simplify cloud operations. Governments benefit from smart governance tools like the Huawei Cloud Pangu government model, while financial institutions leverage Digital Core solutions to modernize applications and implement intelligent customer services. In the automotive industry, Huawei Cloud supports autonomous driving and smart manufacturing. For retail, the company offers smart store solutions with real-time data insights and digital shop assistants. Media and entertainment companies utilize Huawei Cloud's intelligent interaction tools, including Cloud Live, MetaStudio, and Cloud Media Edge, to enhance user engagement. Bruno Zhang, CTO of Huawei Cloud, highlighted that cloud-native technology is the foundation for the AI-native era. Huawei Cloud is advancing its AI infrastructure with services like CloudMatrix and AI Cloud Service, as well as AI-native solutions in databases, knowledge lakes, and development pipelines. Its Pangu models are now widely adopted across more than 30 industries, covering over 400 real-world use cases such as manufacturing, mining, drug discovery, autonomous driving, and railway operations. Showcased at MWC 2025, Huawei Cloud's latest global services aim to accelerate the transition to AI-native infrastructure. Key offerings include the CloudDC Solution for streamlined data center-to-cloud operations, Enterprise IT Cloud Migration Solution with over 240 cloud services, and advanced Backup & Disaster Recovery Continuity Center Solution for multi-layered business protection. Security remains a top priority with Huawei Cloud introducing its Large Model Security Solution and Multilayer Ransomware Protection Solution, safeguarding businesses from cyber threats while ensuring compliance and operational resilience. Huawei Cloud's database innovations, including GaussDB and TaurusDB, support scalable, high-performance applications with AI-powered fault management and seamless migration capabilities. Its AI Cloud Service provides efficient foundation model training compatible with over 100 mainstream models, while Cloud Search Service (CSS) and KooSearch deliver high-speed search and knowledge management for enterprises. Expanding the possibilities of cloud-enabled devices, Huawei Cloud's Cloud Device solutions, including KooPhone, Cloud Gaming, and Cloud PC, eliminate hardware limitations and unlock new user experiences. Meanwhile, KooVehicle enhances autonomous operations in complex environments, improving safety and efficiency. Huawei Cloud's impact is already evident through success stories from global partners. TravelgateX, a leading travel platform, achieved a 20% reduction in costs and 35% improvement in performance by adopting Huawei's cloud-native technologies. Telkom Indonesia and Huawei Cloud have signed a strategic partnership to accelerate digital transformation in Indonesia, while Turkish e-commerce giant Hepsiburada reported a 50x increase in platform throughput and 95% faster service response after migrating to Huawei Cloud. At the summit, Huawei Cloud and its partners also launched over 20 joint industry solutions spanning finance, automotive, retail, media, and public services, aiming to accelerate digital transformation across these sectors. The event concluded with a Cloud Native Elite Club (CNEC) roundtable, where industry leaders explored strategies for maximizing data value and building differentiated AI capabilities to drive the next wave of intelligent transformation.
Gulf Business
04-03-2025
- Business
- Gulf Business
Huawei Cloud unveils AI-native solutions at MWC 2025
Huawei Cloud has unveiled a series of AI-native solutions at the Huawei Cloud Summit during MWC 2025, which is the world's largest annual connectivity event hosted in Barcelona, Spain. Speaking at the event, Jacqueline Shi, president of Huawei Cloud global marketing and sales service, outlined the company's AI-first strategy. 'Huawei Cloud always puts AI as the company's core strategy, and by transitioning from cloud-native to AI-native, Huawei Cloud leads the industry with non-stop innovation,' Shi said. Huawei Cloud defines AI-native across two key areas. The first, 'AI for Cloud', focuses on embedding AI into all Huawei Cloud services to enhance intelligence. The second, 'Cloud for AI', aims to provide an advanced platform — including compute architecture, data, model tools, and professional services — to accelerate AI development. AI reshaping industries Shi emphasised that AI is not an exclusive game for companies with deep pockets and that AI models can be optimised through open-source innovation. 'AI is not a game of heavy costs. AI models can be optimised by leveraging the achievements from the open source community,' she explained. She also stressed the increasing importance of high-quality data in making AI a reality. Huawei Cloud's growth outside China has been significant, with the company reporting a more than 50 per cent expansion in 2024. 'In 2024, Huawei Cloud experienced significant growth outside of the Chinese mainland, expanding by over 50 per cent,' Shi noted. Jacqueline Shi, President of Huawei Cloud Global Marketing and Sales Service. The company now works with over 140 telecom carriers and 500 financial institutions worldwide. Industry-specific AI solutions Huawei Cloud introduced several AI-driven solutions tailored for different industries: Telecoms: A hybrid cloud solution to unify internal IT and B2B operations, plus a Cloud Device solution to enhance connectivity. Government: The Pangu government model, aPaaS, and big data services support the transition from digital governance to smart governance. Finance: Huawei Cloud's Digital Core solution is designed to replace legacy mainframes and drive application modernisation. Retail: AI tools provide real-time data insights, smart order predictions, and digital shop assistants. Automotive: AI is powering intelligent IoV and autonomous driving, as well as improving R&D, manufacturing, and supply chains. Advancing AI-native infrastructure Huawei Cloud's CTO Bruno Zhang highlighted the company's shift towards AI-native infrastructure. 'In this AI era, the foundation of achieving AI-native lies in being cloud native,' Zhang stated. 'Over the past few years, Huawei Cloud has focused on assisting businesses in effectively going to, using, and managing cloud through cloud native means.' Bruno Zhang, CTO of Huawei Cloud. Zhang detailed the company's next steps in AI development: 'Building upon this foundation, Huawei Cloud is now advancing towards the next stages: constructing AI-native infrastructure, such as CloudMatrix and AI Cloud Service; developing AI-native cloud services, including databases, knowledge lakes, and software development pipeline; and offering AI models and tools for customers and partners to better train and run their AI models.' Customer success stories Huawei Cloud's solutions are already delivering tangible business benefits across industries. For instance, Spanish travel tech company TravelgateX has leveraged Huawei Cloud to streamline operations. 'TravelgateX leveraged Huawei's cloud native solution to accelerate program development, simplify deployment, and scale its infrastructure. This resulted in significant cost savings of 20 per cent and improved overall performance by 35 per cent,' said Iñaki Fuentes, COO of TravelgateX. Meanwhile, Telkom Indonesia is working closely with Huawei Cloud on digital transformation. 'We have signed a strategic cooperation memorandum with Huawei on data centers, cloud services, digital technologies, and big data to transform into a digital carrier for a thriving digital ecosystem in Indonesia,' said Fajrin Rasyid, chief digital innovation officer of Telkom Indonesia. Turkish e-commerce player Hepsiburada has also seen major improvements after migrating to Huawei Cloud. 'We have seen significant improvements after migrating our search service to Huawei Cloud, achieving a 50-fold increase in platform throughput, a 95 per cent reduction in service response time, and a 150 per cent boost in bandwidth usage,' said Mustafa Kemal Erișen, IT head of Hepsiburada.
Zawya
04-03-2025
- Business
- Zawya
Huawei Cloud unveiled new cloud services and solutions at MWC 2025
Barcelona, Spain: The Huawei Cloud Summit, with the theme "Accelerate Intelligence, Amplify Success", concluded today in Barcelona, bringing together hundreds of industry leaders and experts from sectors including carrier, finance, Internet, and government. Huawei Cloud unveiled a series of cutting-edge services and solutions, solidifying its commitment to driving intelligent transformation across diverse industries. Today, AI is changing everything. Countries and companies are putting AI as a core strategy, and have the chance to build their own models. AI is not a game of heavy costs. AI models can be optimized by leveraging the achievements from the open source community. Data, especially high-quality data, plays a more and more important role in making AI a reality. Jacqueline Shi, President of Huawei Cloud Global Marketing and Sales Service Jacqueline Shi, President of Huawei Cloud Global Marketing and Sales Service, pointed out that Huawei Cloud always puts AI as the company's core strategy, and by transitioning from cloud-native to AI-native, Huawei Cloud leads the industry with non-stop innovation. She elaborated on that Huawei Cloud defines AI-Native in two sectors. One is "AI for Cloud", which means they reshape and upgrade all Huawei Cloud services into intelligent ones using AI. The other is "Cloud for AI", where Huawei Cloud aims to build the best platform, including compute architecture, data, model tools, and professional services, to accelerate the development of AI. In 2024, Huawei Cloud experienced significant growth outside of the Chinese mainland, expanding by over 50%. The company has become a preferred partner for numerous organizations seeking for digital and intelligent upgrades, including over 140 carriers, 500 financial institutions. Jacqueline restated Huawei Cloud's determination in upgrading their cloud services and solutions to satisfy the requirements of customers in all industries, helping them accelerate intelligence. For carriers, Huawei Cloud provides a new connection solution, helping them connect more applications to drive consumer and enterprise businesses. Huawei Cloud provides a hybrid cloud to build a unified foundation for internal IT and B2B business. The Cloud Device solution connects all applications for people and families. The cloud marketplace KooGallery helps carriers establish their ecosystem. The Cloud on Cloud solution enables carriers to build their cloud and make cloud business easier. For governments, Huawei Cloud enables their shift from e-Government and digital services to smart governance. Huawei Cloud Pangu government model, aPaaS, and big data services help governments better serve citizens. In the finance sector, Huawei Cloud provides the Digital Core solution to replace mainframes and accelerate application modernization. The financial big data solution and Pangu finance model support intelligent customer service and smart data analysis. In the media and entertainment industry, Huawei Cloud provides intelligent interaction solutions for content generation and user engagement, with CDN & Cloud Live, Cloud Media Edge, and MetaStudio. For retailers, Huawei Cloud helps customers build smart stores, including real-time data insight, smart order prediction, and digital shop assistants. In the automotive field, Huawei Cloud not only provides leading intelligent IoV and autonomous driving solutions, but also helps customers realize better R&D, production, and supply chain management with smart manufacturing solutions. Bruno Zhang, CTO of Huawei Cloud, shared his insights on transitioning from cloud-native to AI-native. In this AI era, the foundation of achieving AI-native lies in being cloud native. Over the past few years, Huawei Cloud has focused on assisting businesses in effectively going to, using, and managing cloud through cloud native means. Building upon this foundation, Huawei Cloud is now advancing towards the next stages: constructing AI-native infrastructure, such as CloudMatrix and AI Cloud Service; developing AI-native cloud services, including databases, knowledge lakes, and software development pipeline; and offering AI models and tools for customers and partners to better train and run their AI models. Bruno Zhang, CTO of Huawei Cloud Huawei Cloud sticks to the "AI for Industries" philosophy to build and upgrade their Pangu models, which now see wide adoption in over 30 industries across 400 use cases, including public services, finance, manufacturing, drug discovery, mining, steel manufacturing, railways, autonomous driving, industrial design, architectural design, and meteorology, driving real value creation everywhere. For example, robots powered by Pangu models can accurately inspect 32,000 items on a high-speed train, covering more than 350 complex fault conditions in 8 categories. They help high-speed railways improve operational efficiency and cut labor costs. Manual tasks in the early morning are significantly reduced. The Pangu Steel Manufacturing Model has been deployed at one of Baowu Group's hot rolling production lines. It can quickly and accurately predict the optimal settings for hot rolling production lines, as well as critical quality metrics of the products. This helps improve the yield rate of steel plates. At MWC 2025, Huawei Cloud introduced an array of cloud services and solutions to the global market, aiming to expedite the evolution from cloud native to AI-native. CloudDC Solution provides one-stop data center-to-cloud services, boosting three major capabilities: deterministic operations, cloud DC, and full-stack AI. Enterprise IT Cloud Migration Solution offers over 240 cloud services, backed by unified O&M services, flexible billing options, and professional services for cloud migration and more to smooth cloud migration. Backup & Disaster Recovery Continuity Center Solution ensures seamless continuity across multiple layers, including management, application, host, and storage, as well as cloud data centers. It provides comprehensive coverage for three critical scenarios: cloud native backup and DR, IDC-to-cloud backup and DR, and cross-cloud DR. With advanced backup and DR capabilities, such as risk detection within seconds, rapid backup and recovery, and centralized management, this solution empowers businesses to create highly available architectures and safeguard their core data and applications. Large Model Security Solution is an end-to-end solution that covers environment security, LLM corpus security and compliance, inference security and compliance, and unified security operations. Cloud Multilayer Ransomware Protection Solution provides comprehensive ransomware protection against intrusions, attack spread, leakages, and tampering to defend against ransomware attacks all round. GaussDB & TaurusDB: GaussDB's innovative three-layer pooling architecture enables layered and on-demand resource scaling, while its intra-city dual-cluster disaster recovery capability isolates software and hardware faults between clusters. The AI DevOps assistant automates 90% of fault diagnosis and rectification. TaurusDB, fully compatible with MySQL, requires zero refactoring for business system migration. Featuring AI-based serverless capabilities, TaurusDB is also the only serverless cloud service that supports write scaling. AI Cloud Service, compatible with more than 100 mainstream models including DeepSeek and Llama, supports efficient, uninterrupted training of foundation models for up to 40 days and quickly rectifies faults within 10 minutes. Cloud Search Service (CSS) - KooSearch: CSS offers a high-performance platform for searching and analyzing logs, able to handle hundreds of millions of search requests in milliseconds, a powerful service facilitating data-driven O&M and operations. KooSearch is a comprehensive knowledge chat solution with over 90.9% search accuracy, speeding up data monetization efforts. Cloud Device, providing KooPhone, KooDrive, Cloud Gaming, Cloud STB, and Cloud PC, leverages boundless cloud compute and storage to overcome device limitations, paving the way to everything cloud-enabled. KooVehicle, an intelligent vehicle-cloud synergy solution, enables 24/7 secure, autonomous driving in open-pit mines under different circumstances, achieving significant efficiency and safety gains. Over the past year, Huawei Cloud has helped numerous top-tier customers achieve sustained business success through its innovative solutions. Iñaki Fuentes, COO of TravelgateX, shared how they developed world-class travel services with Huawei Cloud's cloud native technologies. TravelgateX leveraged Huawei's cloud native solution to accelerate program development, simplify deployment, and scale its infrastructure. This resulted in significant cost savings of 20% and improved overall performance by 35%. With Huawei Cloud, TravelgateX was able to deliver personalized services and make more informed business decisions. Iñaki Fuentes, COO of TravelgateX Fajrin Rasyid, Chief Digital Innovation Officer of Telkom Indonesia, said that they have signed a strategic cooperation memorandum with Huawei on data centers, cloud services, digital technologies, and big data to transform into a digital carrier for a thriving digital ecosystem in Indonesia. Fajrin Rasyid, Chief Digital Innovation Officer of Telkom Indonesia Mustafa Kemal Erișen, the IT head of Turkish e-commerce player Hepsiburada said that they have seen significant improvements after migrating their search service to Huawei Cloud, achieving a 50-fold increase in platform throughput, a 95% reduction in service response time, and a 150% boost in bandwidth usage. Mustafa Kemal Erișen, IT Head of Hepsiburada At the Summit, Huawei Cloud and its partners unveiled over 20 joint solutions catering to industries such as finance, automotive, retail, media, and public services, aimed at accelerating digital transformation in these industries. Huawei Cloud also held a Cloud Native Elite Club (CNEC) roundtable with the theme of "Accelerate Data-AI Convergence, Build Differentiated AI Capabilities". Visionary leaders gathered to explore the building of robust data foundations for the AI era, and to share best practices for unleashing data value and building differentiated strengths. About Huawei Founded in 1987, Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. We have more than 207,000 employees, and we operate in more than 170 countries and regions, serving more than three billion people around the world. Our Vision and mission is to bring digital to every person, home and organization for a fully connected, intelligent world. To this end, we will drive ubiquitous connectivity and promote equal access to networks; bring cloud and artificial intelligence to all four corners of the earth to provide superior computing power where you need it, when you need it; build digital platforms to help all industries and organizations become more agile, efficient, and dynamic; redefine user experience with AI, making it more personalized for people in all aspects of their life, whether they're at home, in the office, or on the go. For more information, please visit Huawei online at: or follow us on: Huawei Cloud Middle East:
