Digital-First Approach will Enable Banks and Financial Services in Africa to Remain Competitive

Huawei launched its MEGA ICT infrastructure package solution for the local market.

MEGA ICT is an acronym and abbreviation, respectively, for “multi-domain collaboration, End-to-end experience, Green and Autonomous” and Information and Communication Technology.

The package is designed to help banks meet their ICT requirements to achieve full digitalization. The solutions bundled in with MEGA include those that help reshape the computing power, storage and connectivity abilities of financial institutions.

Devices are changing and right now we’re having another iPhone moment with AI co-pilots.

The MEGA infrastructure package, according to officials, allows banks to better meet their infrastructure requirements and achieve high performance, high availability, high security, highly efficient operation and maintenance (O&M), and low carbon.

Those that adopt the package are forecast to be able to achieve non-stop digital service operation.

Huawei’s Storage-Network Coordination solution, for instance, reduces CPU read and write wait time of the application server from 17ms to less than 1ms in database applications.

The all-flash storage acceleration and network protocol acceleration, meanwhile, lowers application latency by 30 percent and increases the number of transactions per second (TPS) the organization can handle by over 40 percent.

The package also aims to help banks achieve high digital infrastructure availability of their digital infrastructure.

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