Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced the winners of Red Hat Innovation Awards APAC 2018 for Thailand. Ascend Money and Kasikorn Business-Technology Group (KBTG) were recognized at the Red Hat Forum Bangkok on Jan. 30, 2019, for their outstanding and innovative use of Red Hat solutions.
The Red Hat Innovation Awards APAC celebrate organizations that have successfully transformed their IT infrastructure to address new customer demands, accelerate innovation, and drive business results.
Inspired by the theme of the Red Hat Forum APAC 2018, “Ideas Worth Exploring,” the Red Hat Innovation Awards APAC recognize organizations that are modernizing and optimizing their IT infrastructure using open source to be more efficient, flexible and agile. Winners were selected based on the business value and impact delivered by their Red Hat deployments.
Categories: Modern Application Development and Digital Transformation
Winner: Ascend Money
Ascend Money is a Bangkok-based fintech company with reach across Southeast Asia that aims to improve the lives of the underbanked population and accelerate electronic payments in the region through its TrueMoney electronic payment system.
However, each of Ascend’s offices, which span six countries - Cambodia, Indonesia, Myanmar, Thailand, the Philippines and Vietnam - had its own way of deploying applications, making it impossible for them to deliver and reuse common services.
With Red Hat Enterprise Linux, Red Hat OpenShift Container Platform and Red Hat Satellite, more than 400 of Ascend’s application developers across six countries can access a common platform and deliver application services faster and more efficiently, helping the company to better serve its 20 million users.
Category: Digital Transformation
KBTG is the tech venture of Kasikorn Bank (KBank), one of Thailand’s largest banks, that works to connect fintech firms and tech startups. KBTG developed KPlus, Thailand’s most popular banking app with 15 million users. To boost its competitive advantage, KBank sought to make KPlus even more user-friendly, feature-rich and used by more people.
KBTG worked with Red Hat to deploy Red Hat Enterprise Linux, Red Hat JBoss Enterprise Application Platform (JBoss EAP), Red Hat AMQ, and Red Hat OpenShift Container Platform, giving it a flexible and agile foundation to bring artificial intelligence capabilities to KPlus, enabling customers to choose products and services that match their lifestyles. In addition, with an open standards-based technology structure, KBank can more easily connect with its partners’ platforms, enabling it to introduce more services to customers. By delivering enhanced features such as these, KBank hopes to expand its customer base by 2 million accounts a year for a total of 20 million accounts by 2021.
The Modern Application Development category recognizes the organization’s overall performance in creating, maintaining, and deploying successful business applications through the use of agile methodologies. The Digital Transformation category recognizes organizations that have successfully addressed IT challenges and delivered business value to effectively compete as a digital enterprise.
As part of the 12-stop Red Hat Forum APAC event series, winners for the Red Hat Innovation Awards APAC 2018 will be announced at each stop. Each event will recognize a maximum of two winning projects, with both enterprise and government organizations encouraged to participate.
● Learn more about the Red Hat Innovation Awards APAC 2018
● Learn more about Red Hat Forum APAC
Connect with Red Hat
● Learn more about Red Hat
● Get more news in the Red Hat newsroom
● Read the Red Hat blog
● Follow Red Hat on Twitter
● Join Red Hat on Facebook
● Watch Red Hat videos on YouTube
● Join Red Hat on Google+
● Follow Red Hat on LinkedIn
About Red Hat
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.
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 our pending merger with International Business Machines Corporation, 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 contained in our most recent Quarterly Report on Form 10-Q (copies of which may be accessed through the Securities and Exchange Commission's website at http://www.sec.gov), including those found therein under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations". 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.