OCBC Bank and Singtel Crowned Winners of the Red Hat APAC Innovation Awards 2019 in Singapore

Recognized for their transformative use of open source to continuously innovate and future-proof the business

SINGAPORE--()--Red Hat, Inc., the world's leading provider of open source solutions, today announced the winners of the 2019 Red Hat APAC Innovation Awards in Singapore. Oversea-Chinese Banking Corporation Limited (OCBC Bank) and Singapore Telecommunications Limited (Singtel) were recognized at the Red Hat Forum Singapore today for their outstanding and innovative usage of Red Hat solutions.

With the theme of “Expand Your Possibilities”, the Red Hat Forum APAC 2019 aims to inspire organizations to think beyond their normal day-to-day, and the challenges they face, and explore ways open source can help generate impactful innovations. One way of doing so is by honoring organizations that have demonstrated creative thinking, determined problem-solving and transformative uses of Red Hat technology through the 2019 Red Hat APAC Innovation Awards.

The winners were selected based on the impact of their Red Hat deployments on their business, industry and the community. They showcased how open source tools and culture were key to achieving efficiency, productivity, and agility – all of which can enable continuous innovation and help them create a flexible foundation that can meet an organization’s needs today and well into the future.

Categories: Digital transformation, Modern Application Development

Winner: Oversea-Chinese Banking Corporation Limited (OCBC Bank)

As part of its digital strategy, OCBC Bank modernized its technology architecture to enable it to deliver superior customer experience, deepen relationships and to grow its franchise. To realize this goal, OCBC deployed solutions, including wealth management applications, built on Red Hat OpenShift Container Platform. With this platform, OCBC Bank can deliver new digital capabilities with scale and agility across the Group’s business lines and subsidiaries in the region. The platform has enabled the Bank to increase reusability, lower overall cost of investment and increase development efficiency.

The Digital Transformation category recognizes organizations that have successfully addressed IT challenges and delivered business value to effectively compete as a digital enterprise.

The Modern Application Development category honors organizations that have most successfully illustrated superior overall performance in creating, maintaining and deploying successful business applications by using agile methodologies.

Category: Automation

Winner: Singtel

Singtel is one of Asia’s leading communications technology groups with a vast network of offices throughout Asia Pacific, Europe and the U.S. Headquartered in Singapore, Singtel provides a diverse range of services including fixed, mobile, data, internet, TV, information and communication technology (ICT), and digital solutions.

The rise of active mobile consumers and digital businesses in Asia Pacific has driven demand for reliable and fast internet connectivity1. To address this demand, Singtel deployed Red Hat Ansible Automation.

With Red Hat Ansible Automation, Singtel can use playbooks for configuration management and to automate time-consuming, repetitive tasks such as diagnostics and report generation. This not only helps ensure better stability and network uptime, but also frees up employees from routine work to focus on revenue-generating tasks.

The Automation category showcases the project that most successfully automated processes, workflows, tasks and IT operations to rapidly implement innovative and disruptive technologies and practices.

Winners will be recognized at each event in the 10-stop Red Hat Forum APAC series. Each event will feature a maximum of two winning projects, with both enterprise and government organizations encouraged to participate.

Supporting Quotes

Dirk-Peter van Leeuwen, senior vice president and general manager, APAC, Red Hat

“Open source has the power to not only improve IT systems but also transform how we interact and solve problems collectively. It is heartening to see so many organizations using open source to gain exceptional transformation capabilities. Congratulations to this year’s winners; we hope that they will serve as an inspiration and catalyst to other businesses in Asia Pacific to achieve the same feat and thrive in the digital age.”

Peter Koh, head of Transformation Architecture Group Operations and Technology, OCBC Bank

“We have made very good progress in transforming our technology architecture to improve agility and speed in deploying new business capabilities. Core to our digital journey is a microservice-based architecture that leverages open platforms, such as the Red Hat OpenShift Container Platform. We are taking a holistic approach in extending such platforms across the region to achieve scalability and synergy. This is in line with the bank’s digital strategy, underpinned by building an open and scalable architecture, to offer greater customer value digitally.”

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About Red Hat, Inc.

Red Hat is the world’s leading provider of enterprise open source software solutions, using a community-powered approach to deliver reliable and high-performing Linux, hybrid cloud, container, and Kubernetes technologies. Red Hat helps customers integrate new and existing IT applications, develop cloud-native applications, standardize on our industry-leading operating system, and automate, secure, and manage complex environments. Award-winning support, training, and consulting services make Red Hat a trusted adviser to the Fortune 500. As a strategic partner to cloud providers, system integrators, application vendors, customers, and open source communities, Red Hat can help organizations prepare for the digital future.

Forward-Looking Statements

Certain statements contained in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: risks related to the ability of the Company to compete effectively; the ability to deliver and stimulate demand for new products and technological innovations on a timely basis; delays or reductions in information technology spending; the integration of acquisitions and the ability to market successfully acquired technologies and products; risks related to errors or defects in our offerings and third-party products upon which our offerings depend; risks related to the security of our offerings and other data security vulnerabilities; fluctuations in exchange rates; changes in and a dependence on key personnel; the effects of industry consolidation; uncertainty and adverse results in litigation and related settlements; the inability to adequately protect Company intellectual property and the potential for infringement or breach of license claims of or relating to third party intellectual property; the ability to meet financial and operational challenges encountered in our international operations; and ineffective management of, and control over, the Company's growth and international operations, as well as other factors. In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic and political conditions, governmental and public policy changes and the impact of natural disasters such as earthquakes and floods. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of this press release.

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1MA - The Mobile Economy Asia Pacific 2019, https://www.gsmaintelligence.com/research/?file=fe8735424e3058f98c3a83bc57bc2af5&download


Audrey Lim
Tel:+65 66039000


Audrey Lim
Tel:+65 66039000