Sberbank, Sberbank Extends Reach with Huawei — Finance Brokerage

Sberbank Extends Reach with Huawei 

Russian Sberbank partners with Huawei, the Chinese technology giant, to provide Russian and foreign users access to Sbercloud. This is the first strategic partnership between Russian and international cloud providers to extend its reach into its digital economy.

Russia’s largest bank with investments in Russian internet companies, Yandex and Mail.Ru, now joins hands with Huawei, China’s cloud provider.

How SberCloud.Advanced Helps Russian  Market

SberCloud.Advanced focuses on large, medium-sized, and small businesses, as well as small startups.

It introduces a line of basic (IaaS) and high level (PaaS) services, which will be fully integrated into one system. Thus, clients will have access to 37 new cloud services and be able to create IT infrastructure of any complexity.

They will be able to work with significant data clusters and manage cloud containerization. Moreover, the technology allows the creation, scaling, and management of apps automatically.

Benefits of Sberbank-Huawei Partnership According to CEOs

State-owned Sberbank is steadily transforming itself from banking to online services. Thereby its partnership with Huawei, the leading global provider of information and communication solutions, will help its Sbercloud clients.

The bank’s commitment to its digital goals and modern technology led to this partnership with the biggest producer of telecommunications equipment. As a result, these services are one of the most secure and advance cloud solutions in the world.

Yevgeny Kolbin, SberCloud CEO said their cloud platform focuses on supporting native cloud applications based on the microservices architecture. Furthermore, he added this exclusive offer on the market consists of interrelated cloud service, complementing each other. Hence, it provides clients with a convenient unified approach to using these services.

Wang Wei, CEO of Huawei Cloud in Russia, highly appreciates cooperation with Sberbank. It is now one of the leading companies in Russia introducing innovative solutions.

He stresses Huawei provides the most progressive and comprehensive cloud technology and transfers international expertise. Confident that businesspersons will appreciate this solution, he said it would become a significant contribution to Russia’s digital transformation.

Moreover, Wei also added the partnership truly represents a landmark for the Russian cloud services market.

In other technology news, the US has accused Huawei of the possible use of their equipment for spying. However, Huawei denies this accusation, as the world races to next-generation 5G mobile technology.

Wei said this deal with the Chinese giant tech company could significantly improve their country’s digital prospects. With that, Huawei continues to operate in Russia.

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