01:14 (GMT +7) - Thursday 22/10/2020

Business

HPT Vietnam makes presentation on IBM DBA at Think 2019

Released at: 18:47, 15/02/2019

HPT Vietnam makes presentation on IBM DBA at Think 2019

Photo: HPT

Company Director explains how Vietnamese banks are transforming with IBM Digital Business Automation.

by Doanh Doanh

Mr. Nguyen Viet Anh, Director of the HPT Vietnam Corporation, made a presentation at Think 2019 on February 14 in San Francisco on how the Orient Joint Stock Commercial Bank is transforming credit with IBM Digital Business Automation (DBA).

Mr. Anh, an IBM business partner, gave an overview of OCB and its requirements, proposed solutions, and discussed implementation challenges and benefits and lessons learned from applying IBM DBA.

IBM DBA delivers a simple way to acquire and utilize key offerings from across the IBM portfolio to digitize all aspects of business operations, which include workflow, decisions, content, and data capture.

The offering includes simplified packaging and licensing based upon Processor Value Units (PVUs). The PVU entitlements that are purchased can be used across each of the products in the offering according to clients’ needs, helping to simplify planning for adoption and growth of new business automation solutions.

In the current competitive marketplace, digital companies use software automation to achieve higher revenue per employee than their traditional counterparts. Automation maximizes revenue per employee by reinventing the client experience while reducing costs. Digital Business Automation delivers essential bundled capabilities to digitize all aspects of business operations, by extending the workforce with digital labor to enabling businesses to scale.

“At the moment, many enterprises can complete tasks manually, which can easily lead to risks and errors,” Mr. Anh said. “For example, in the banking sector, using technology will avoid financial fraud. DBA helps companies operate more efficiently and avoid many risks.”

In addition to OCB, HPT is currently providing the DBA solution to other banks in Vietnam such as ACB, Techcombank, and Vietcombank, as well as some insurance companies. “Banks are often pioneers in technology solutions, but this DBA solution is not only applied in banks but also the insurance and retail businesses,” Mr. Anh added.
 
This year is the second year Mr. Anh has attended IBM’s Think event. “The event is one of the largest technology events in the world and helps customers and partners capture the latest technology trends around the world that IBM introduces,” he said. “This is also a very good networking venue because I can meet customers and partners and share information and learn from each other. This year I am interested in AI, blockchain technology, and cloud. Both of these technologies in Vietnam are currently very new and the scope of application is modest, but I personally believe that these technologies will thrive in Vietnam in the next few years, so HPT will pay more attention to them.”
 
Think 2019 is IBM’s flagship event that brings together technologists, business executives, and thought leaders from across industries and around the world who are spearheading the next phase of technological and societal change. This year’s conference is focused on new and emerging technologies that will fuel the fourth industrial revolution, including cloud, AI, and open source.
 
HPT was founded in 1995. With a vision of “Building HPT into an internationally-ranked ICT and software developing company”, it builds modern, safe and uninterrupted IT infrastructure, applies the ISO 9001:2008 quality management system and the ISO 27001:2013 information security management system, maintains transparent and well-controlled financial systems, and continuously invests in the training and development of managers and employees in accordance with strategies.

It is headquartered in Ho Chi Minh City and has branches in Hanoi, Da Nang and Cambodia. HPT cooperates closely with leading global IT firms such as Microsoft, IBM, Oracle, HP, Cisco, and EMC to bring customers practical and optimum solutions.

User comment (0)

Send comment