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Forging an AI Cloud Foundation: Huawei Cloud Accelerates Intelligence with APAC Partners

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PHUKET, Thailand , May 10, 2025 /PRNewswire/ — On May 9, Huawei Cloud successfully hosted its APAC Partner Summit 2025 in Thailand, centered around the theme “Go Together, Grow Together” and the transformative power of AI across industries. The conference brought together over 400 partners from more than 10 countries and regions to discuss ecosystem development in the AI era and collectively accelerate intelligence.

In her opening remarks, Jacqueline Shi, President of Huawei Cloud Global Marketing and Sales Service, underscored Huawei Cloud’s strong commitment to collaborating with partners to capitalize on strategic AI opportunities within the Asia Pacific region. Recognizing the growing demand for accelerated AI deployment across government, finance, carrier, and Internet sectors globally, Huawei Cloud is comprehensively enhancing the competitiveness of its AI cloud service products and solutions to empower partners in expanding their market reach. By working closely with partners to co-develop industry-specific solutions and explore high-value application scenarios, Huawei Cloud aims to drive new growth through precise alignment with customer needs. Furthermore, Huawei Cloud has established a dedicated competence center in Asia Pacific to systematically build a robust enablement framework for partners, encompassing technical training, delivery support, and collaborative market initiatives. This strategic investment is designed to enhance partners’ business monetization and ensure their sustainable development.

Increasing Local Presence, Activating Growth Momentum

As a pivotal engine of global economic expansion, the Asia Pacific region stands as a significant force driving technological innovation and intelligent upgrades. Within this dynamic landscape, characterized by massive digital economy opportunities, Huawei Cloud continues to prioritize localization and technological advancement. It has deployed five Regions and 18 availability zones across Asia Pacific, achieving an impressive 50 ms low-latency network coverage spanning the region. Leveraging its industry-specific expertise, global experience, and ongoing talent development initiatives, Huawei Cloud has become the preferred cloud service provider for leading enterprises. The company’s overall business scale in the region has grown thirtyfold in the past five years, positioning Huawei Cloud as the fastest-growing cloud service provider in Asia Pacific. Currently, Huawei Cloud collaborates with over 2,500 local partners in Asia Pacific. In 2024, partner revenue experienced a substantial 75% increase.

Sunny Shang, President of Huawei Cloud Asia Pacific, emphasized: “Huawei Cloud has always recognized the power of a strong ecosystem. Our partners are the core driving force behind our sustained growth.” To further empower partners in accelerating their market expansion within Asia Pacific, he unveiled the Partner Sales Acceleration Program 2.0, a comprehensive initiative providing support across three key pillars: technological innovation, capability enhancement, and resource sharing. This program includes the joint development of 50 industry solutions with partners, backed by millions of dollars in test coupons, the establishment of partner competence centers to strengthen joint go-to-market strategies, a threefold increase in the market development fund (MDF) investment, and an optimized opportunity-sharing mechanism. Through these efforts, Huawei Cloud is working hand-in-hand with its partners to unlock new avenues for growth.

To expedite the expansion of key industries within Asia Pacific, Huawei Cloud launched the Industry Deep-Dive Initiative, focusing on the Internet, finance, and carrier sectors. Huawei Cloud is committed to collaborating with partners to construct an open, collaborative, and sustainable digital ecosystem, deeply exploring industry value through scenario-specific innovation and achieving a comprehensive upgrade of customer service capabilities.

Forging an AI-Native Cloud to Embrace Intelligence

AI has firmly established itself as the most influential general-purpose technology across industries. Joy Huang, President of Huawei Cloud Strategy & Industry Development, affirmed Huawei Cloud’s dedication to building AI-native cloud services and spearheading intelligent upgrades through its “Cloud for AI” and “AI for Cloud” strategy. Huawei Cloud offers six fundamental capabilities to support both customers’ intelligent transformation and a thriving partner ecosystem: high-quality, secure, and stable cloud services; global cloud infrastructure KooVerse; cloud native technologies; AI powered by foundational technologies; data-AI convergence based on a knowledge lake; and seamless cloud-network-device synergy.

William Fang, Huawei Cloud Chief Product Officer, detailed how Huawei Cloud is reshaping cloud infrastructure through full-stack innovation with its AI-native cloud. To address the demands of massive computing power, Huawei Cloud provides AI-native infrastructure CloudMatrix, AI-native storage, and distributed cloud solutions for diverse scenarios. Furthermore, Huawei Cloud integrates Pangu models with specialized expertise and data across product R&D, data governance, security, and service O&M. These innovations are designed to enable enterprises to seamlessly incorporate AI technologies into their core business processes. Underpinned by new AI computing centers strategically located in Asia Pacific, Huawei Cloud is empowering Asia Pacific enterprises to develop and scale their AI services natively on the cloud.

At the conference, Huawei Cloud introduced the APAC AI Pioneer Plan to foster AI technology innovation and solution development in collaboration with ecosystem partners, in an effort to accelerate the widespread adoption of AI technologies throughout the Asia Pacific region.

Building a Thriving Ecosystem by All, for All

In the AI era, a vibrant ecosystem is paramount for maintaining competitive edge and ensuring sustainable development. Ken Kang, President of Huawei Cloud Global Ecosystem, emphasized that the AI ecosystem will be the defining force shaping the future of the intelligent world. Huawei Cloud’s long-term investments in core technologies and ecosystem building are focused on creating an open, full-stack ecosystem encompassing everything from model development to application implementation around AI cloud services. This strategy aims to empower partners with differentiated competitiveness, drive cross-industry AI applications, and unlock significant growth potential.

Yu Liang, Director of Huawei Cloud Overseas Cloud Ecosystem Development & Operation, articulated Huawei Cloud’s ecosystem philosophy centered on collaborative development, sales, and marketing for mutual success. Huawei Cloud is committed to working alongside partners to expedite the creation of AI-driven industry capabilities, with an emphasis on developing scenario-specific joint solutions. Through the PCE program, Huawei Cloud facilitates opportunity sharing, unlocks access to valuable markets, and ensures the collective success across the ecosystem. Moreover, Huawei Cloud will continue to refine its enablement framework, collaborating with leading local universities and enterprises to cultivate virtual human talent, thereby establishing a robust foundation for the ecosystem’s future.

Dale Chen, Director of Partner Development, Huawei Cloud Asia Pacific, outlined Huawei Cloud’s Asia Pacific partner strategy, which centers on two key priorities: diving into industries and creating more value. The first is to deepen joint innovation within key industries such as Internet, finance, and carriers, establish an Asia Pacific industry ecosystem alliance, and cultivate a robust industry developer ecosystem. The second priority is to enhance the partner sales acceleration program through four key initiatives: precision marketing, partner-centric GTM, TAM support, and healthy market, thereby systematically improving partners’ service delivery capabilities.

Jet Liu, Director of Huawei Public Cloud Operations, highlighted in his presentation that the rapid advancements in AI are empowering SMBs with equitable access to foundation model technologies. However, he noted that many enterprises encounter challenges related to data and service integration. To address these hurdles, Huawei Cloud has launched All-scenario LLM Solution for SMBs, leveraging Flexus, a tailored offering for SMBs, and Dify, a widely adopted open-source AI application development platform. The high-availability Dify mitigates open-source risks and performance limitations for enterprises. Furthermore, the RAG solution allows businesses to swiftly implement chat functionalities leveraging their internal knowledge libraries. Foundation model scenario innovation empowers enterprises to seamlessly integrate these models into practical business applications. Huawei Cloud’s vision is to enable SMBs to effortlessly utilize AI models on its platform, inviting more partners and customers to collaborate on AI model scenario innovation and achieve accelerated business growth on Huawei Cloud.

Guided by the principles of joint construction, open sharing, and shared success, Huawei Cloud is steadily cultivating a healthy and sustainable ecosystem. Currently, Huawei Cloud has more than 45,000 partners and more than 12,000 KooGallery offerings. At the conference, partners including AIS, Orange Business, SCash Global, MFEC, Silverlake, OnePro Cloud, Automated Systems, Promes, and Chulalongkorn University shared their successful collaborations with Huawei Cloud, highlighting joint innovation initiatives and business implementation progress, and showcasing the tangible achievements of Huawei Cloud’s ecosystem collaboration. Looking ahead, Huawei Cloud remains committed to working closely with its partners to ground technologies in local needs, build a thriving ecosystem, and accelerate the intelligent transformation of industries.

 

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SOURCE Huawei Cloud APAC

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Ondo Launches Intelligent Portfolios, Powered by BlackRock, Bringing Portfolio Strategies Onchain

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September 24, 2026

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New Ondo Intelligent Portfolios will offer portfolio tokens based on portfolio strategies developed by BlackRock for Ondo, bringing professionally designed portfolios delivered as single onchain tokens for eligible investors outside the United States.

NEW YORK, Sept. 24, 2026 /PRNewswire/ — Ondo Finance today launched a new onchain product category: Ondo Intelligent Portfolios, curated portfolios delivered as single onchain transferable tokens. The three portfolio tokens launched today are based on portfolio strategies powered by BlackRock, developed by BlackRock for Ondo, marking the first time eligible onchain investors can access exposure to such strategies through a single token.

Diversified, professionally constructed strategies have historically required brokerage accounts and traditional fund structures. Now, delivered as peer-to-peer transferable tokens from Ondo, these onchain portfolios become accessible to eligible non-US investors in permitted jurisdictions through the wallets, exchanges, and DeFi applications they already use.

Distribution is only part of the story. Bringing portfolios onchain can unlock novel capabilities: rebalancing that executes automatically at the smart contract level, portfolios that are fully programmable and composable with the broader onchain economy, and the potential to combine asset classes within a single token. Ondo Intelligent Portfolios establishes the infrastructure to bring portfolios based on leading asset managers’ strategies onchain.

“Tokenization creates new ways for portfolio strategies to be delivered through digital infrastructure. Diversified portfolio strategies can be incorporated into tokenized investment products, enabling eligible investors to access diversified allocations through a single instrument. It shows how established portfolio construction approaches can be delivered through new channels and technologies.” – Lisa O’Connor is Global Head of the Model Portfolio Solutions team and the Co-CIO for Global Solutions within the Multi-Asset Strategies group at BlackRock

Three custom portfolio strategies addressing three specific needs are launched today across income, allocation, and thematic strategies:

BLKHIon: Ondo High Income Powered by BlackRockBLKDIGon: Ondo Diversified Growth Powered by BlackRockBLKGRWon: Ondo High Growth Powered by BlackRock

“Portfolios like these have never been available onchain. Now, they are made accessible onchain, transferable at any time, and usable across DeFi. This launch represents an important milestone in the development of onchain investment products. By incorporating strategies drawn on BlackRock’s longstanding portfolio construction experience into tokenized investment structures, eligible investors in supported jurisdictions can obtain exposure to diversified portfolio allocations through a single token. ” – Ian De Bode, Acting CEO and President, Ondo Finance

Holding a portfolio token provides economic exposure to the portfolio’s underlying basket. Each portfolio token is issued by Ondo Global Markets and tokenized by Ondo Finance. Investors mint or redeem a single token to hold a weighted basket of tokenized assets, without buying, weighting, or rebalancing individual positions themselves. Holdings, weights, and every rebalance are visible onchain, and the tokens are transferable peer-to-peer across wallets, exchanges, and DeFi protocols.

Ondo intends to expand the product line with additional onchain portfolios over time.

About Ondo Finance
Ondo Finance is a blockchain-based platform focused on tokenizing real-world assets and bringing institutional-quality financial products onchain. By bridging traditional finance and decentralized infrastructure, Ondo aims to make capital markets more accessible, transparent, and efficient.

About Ondo Global Markets
Ondo Global Markets is an issuance and redemption platform for tokenized publicly traded U.S. stocks and ETFs. It enables investors outside the United States to gain economic exposure to these assets by minting, transferring, and redeeming securities-backed tokens. Each token is fully backed by the corresponding stock or ETF (together with cash in transit).

About BlackRock
BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate

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SOURCE Ondo Finance

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Upstate South Carolina Women4Women Giving Circle Announces 2026 Grant Winners

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September 24, 2026

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Four local nonprofits receive $34,000 in grants supporting women, children and families

CLEMSON, S.C., Sept. 24, 2026 /PRNewswire/ — Women4Women (W4W), an Upstate South Carolina giving circle of the Community Foundation of Greater Clemson, has awarded $34,000 in grants to four local nonprofit organizations providing critical services to women, children and families.

The grants will support a range of needs, including temporary housing, education and training for survivors of domestic violence, safe spaces for children, and emergency assistance with essential household expenses.

The Susan Marie Foster Sharp Memorial Grant, W4W’s lead annual grant recognizing organizations making significant change for women, awarded $25,000 to The Hiding Place, which provides safe spaces where survivors of domestic violence and their children can heal, rebuild and thrive.

“It’s such an honor,” said The Hiding Place Co-Executive Director Breann Griffin. “This grant will help us establish The Monarch Center, a trauma-informed space where survivors can participate in educational programs and activities that foster connection and community, while providing children with a dedicated space to play.”

Since its founding in 2023, The Hiding Place has served more than 1,500 women and 750 children.

Three additional nonprofits received grants of $3,000 each:

MARYS House — supporting safety, advocacy, and independence for victims of domestic violence through faith-based family services.

Pickens County First Steps — supporting programs that engage families, caregivers, and community partners to help children enter school ready to reach their highest potential.

The Salvation Army of Oconee County— providing emergency funds for utilities and rent.

Giving circles are an increasingly prominent model in philanthropy, enabling people of varying financial means to pool resources and make charitable decisions collectively. Members engage with community needs and nonprofit organizations, allowing combined contributions to have a greater local impact.

“The W4W giving circle is just that—a close-knit community of women investing in other women and, in the process, enriching all of our lives,” said Cheryl J. Dye, Ph.D., W4W Chair. “When pooled together, relatively small individual donations can have a tremendous impact on these and other worthy organizations to change many lives.”

W4W members each contribute $300 or more annually, or $100 or more for student members.

Women4Women was the brainchild of the late Susan Sharp, former Executive Director of The Community Foundation of Greater Clemson. 

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SOURCE Women 4 Women

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GEP MAKES CLEAN SWEEP OF THE HACKETT GROUP’S FALL 2026 SOLUTIONMAP, ONLY PROVIDER NAMED ‘TOP TECH’ IN EVERY CATEGORY

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September 24, 2026

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GEP earns 12 Top Tech badges, leading Source-to-Pay, Source-to-Contract and every procurement technology category evaluated Independent assessment of 500+ capabilities, mandatory product demonstrations and verified customer ratings validates GEP’s unmatched breadth

CLARK, N.J., Sept. 24, 2026 /PRNewswire/ — GEP®, a leading provider of AI-driven procurement and supply chain software, consulting and services for Fortune 500 and Global 2000 enterprises worldwide, announced today that GEP QUANTUM INTELLIGENCE made a clean sweep of The Hackett Group’s Fall 2026 SolutionMap, becoming the only provider named Top Tech in every category evaluated. 

Go HERE to view the analyst report, detailing GEP’s 12 Top Tech badges, spanning Source-to-Pay (S2P), Source-to-Contract (S2C) and every individual procurement technology module evaluated. eProcurement, Procure-to-Pay, AP Automation, Contract Lifecycle Management, Sourcing, Supplier Management, Spend Analytics, Risk Management, Intake and Orchestration, and Carbon Management.

“Procurement technology decisions carry real organizational risk. When a provider appears in SolutionMap, it means they’ve earned their place through a process built on 500+ capability criteria, mandatory demonstrations and verified customer ratings — not marketing claims. Buyers can shortlist with confidence,” said Bryan DeGraw, Solution Intelligence Principal, The Hackett Group®.

The results reinforce GEP’s leadership as a comprehensive AI-native procurement platform, bringing together procurement data, embedded intelligence, AI-driven workflows and governance across a single platform. GEP achieved Top Tech recognition across:

Source-to-Pay (S2P) & Source-to-Contract (S2C) – Top Tech recognition across both major procurement suites

Intake & Orchestration – Recognized for AI-driven workflows, no-code configurability and end-to-end orchestration

Sourcing & Supplier Management – Advanced capabilities supporting sourcing and supplier management across the procurement lifecycle

Spend Analytics & Risk Management – Intelligence and visibility to help procurement teams identify opportunities and manage supplier risk

Procure-to-Pay (P2P), eProcurement & AP Automation – Integrated capabilities spanning requisitioning through payment

Contract Lifecycle Management (CLM) – Top Tech recognition for contract management capabilities

Carbon Management – Advanced ESG tracking and decarbonization planning capabilities.

About The Hackett Group® SolutionMap

The Hackett Group’s SolutionMap provides an independent, data-driven assessment of procurement technology solutions. The Hackett Group’s SolutionMap evaluates procurement technology providers using 500+ capability criteria, mandatory product demonstrations and verified customer ratings, providing procurement leaders with an independent, evidence-based assessment of technology capabilities and customer value. The evaluation combines extensive capability assessments, mandatory demonstrations and verified customer ratings to help procurement leaders compare providers and identify solutions that meet their requirements.

About GEP

GEP® delivers AI-native procurement and supply chain Quantum Intelligence platform, consulting and services that help global enterprises become more agile and resilient, operate more efficiently and effectively, gain competitive advantage, boost profitability and increase shareholder value. Our customers are the world’s best companies, including more than 550 Fortune 500 and Global 2000 industry leaders who rely on GEP to meet ambitious strategic, financial and operational goals. A leader in multiple Gartner Magic Quadrants, GEP’s AI-native Quantum Intelligence platform consistently win awards and recognition from industry analysts, research firms and media outlets, including Gartner, Forrester, IDC, ISG, and Spend Matters. GEP is also regularly ranked a top procurement and supply chain consulting and strategy firm, and a leading managed services provider by ALM, Everest Group, NelsonHall, IDC, ISG and HFS, among others. Headquartered in Clark, New Jersey, GEP has offices and operations centers across Europe, Asia, Africa and the Americas. To learn more, visit www.gep.com.

Media Contact
Derek Creevey
GEP
derek.creevey@gep.com

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SOURCE GEP

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