Photo: VCG
Chinese technology giant Huawei launched the GaussDB database on Wednesday, featuring a major comprehensive upgrade. This marks another breakthrough for domestically developed databases amidst the ongoing US crackdown.
Zhang Pingan, Huawei's executive director and CEO of Huawei Cloud Computing Technologies, announced the launch of the GaussDB at the Huawei Intelligent Finance Summit 2023.
The database boasts high security, high performance, easy migration, and other advanced features, according to a statement from Huawei. Additionally, Huawei retains 100 percent intellectual property rights for the core code of GaussDB.
According to Zhang, Huawei's core business has already been running stably on the database and it has been commercially used in the core systems of many users, including Postal Savings Bank of China and China Merchants Bank, on a large scale.
Zhang also emphasized the importance of domestic databases expanding globally while being utilized in the Chinese market.
For instance, Zhang highlighted that several Asian banks have started selecting and testing GaussDB, and clients in South Africa have also begun testing the database.
Zhang emphasized that Chinese software developers should establish themselves in China while expanding globally, providing digital services to international businesses and governments.
As of 2022, domestic databases accounted for only 10 percent of the market in China, indicating significant potential for home-developed databases to substitute foreign counterparts in the early stages of software development, as per data from CCID Consulting. The corresponding market scale is projected to reach 60.06 billion yuan ($8.42 billion).
The launch of GaussDB showcases Chinese enterprises' determination to achieve breakthroughs in key sectors despite the US and its allies implementing crackdown measures.
Despite the hype surrounding the crackdown from certain Western forces, industrial data reflects that bans on Huawei telecommunications equipment may cost the US and its allies more than $100 billion, according to a report by the Asia Times.
Global Times