KGI Securities and National Taiwan University Hospital Acknowledged for Creative Use of Open Source at the Red Hat APAC Innovation Awards 2023 for Taiwan

Red Hat, Inc., the world’s leading provider of open source solutions, today announced the winners of the Red Hat APAC Innovation Awards 2023 for Taiwan. Red Hat honored the achievements of KGI Securities and National Taiwan University Hospital (NTUH) for their use of Red Hat solutions to foster innovation, showcase their ingenuity, and elevate customer experiences in an ever-evolving business environment.

In an environment of economic fluctuations and technological upheavals, Red Hat continues to explore the theme of “Explore what’s next” at this year’s Red Hat APAC Innovation Awards. This year’s accolades celebrate the  accomplishments of organizations in adapting to today’s uncertain landscape, proudly recognizing the digital transformation achievements of 30 organizations from 13 countries in the region. By harnessing the power of open source creatively, these organizations propel themselves forward while prioritizing unforgettable customer experiences. Their resilience, strategic thinking, and use of Red Hat solutions have enabled them to overcome new business challenges and stay ahead of evolving customer demands.

Amid growing uncertainty, innovation remains a priority for businesses. According to the Red Hat 2023 Global Tech Outlook, businesses continue to rank innovation as a powerful differentiator, enabling organizations to rise above their competitors and forge their unique path to success. The awards’ five categories focus on key technologies that can help businesses stand out: Digital Transformation, Hybrid Cloud Infrastructure, Cloud-native Development, Automation, and Resilience.

The winners were selected based on the positive impact their Red Hat deployments had on their business goals. They showcase the possibilities of open source, pushing the boundaries of business processes, productivity, innovation, and resilience.

Category: Digital Transformation 
Winner: KGI Securities
KGI Securities, a wholly owned subsidiary of China Development Financial (CDF), is a market leader in a broad range of areas, including wealth management, brokerage, proprietary trading, underwriting, fixed income and a variety of derivatives products. KGI Securities provides clients with a full range of financial products for investment as well as wealth management services and assistance with fundraising in domestic and foreign capital markets.

To enhance business agility and strengthen KGI Securities’ competitive advantage in the financial sector, KGI Securities deployed modern technologies and architectures enabling its core systems to support digitized business processes and decision-making. By adopting Red Hat OpenShift, KGI Securities streamlined processes, automated operations and adopted agile development practices. This successfully reduced system downtime while enhancing its performance and significantly improved user experience, leading to increased user satisfaction.

Category: Digital Transformation and Cloud-Native Development
Winner: National Taiwan University Hospital (NTUH)
Founded in 1895, the National Taiwan University Hospital (NTUH) has nurtured countless professionals in medicine. It is renowned for the clinical care it offers and is highly trusted by the people of Taiwan. NTUH currently employs over 6,700 staff, with a capacity of around 2,600 beds, and serves over 8,000 outpatients on a daily basis. Hospital business processes require privacy protection and prevention of external attacks and internal misuse when interacting with external systems, which help prevent unauthorized access and data breaches. The growth and changes in hospital operations also necessitated a solution that would enable NTUH to quickly respond to business growth and changes.

Working with Red Hat has enabled NTUH to monitor and integrate applications, emphasizing security and privacy protection, and have flexible scalability to meet the business needs of its hospitals. Red Hat solutions enhanced NTUH’s  efficiency, reduced risks and facilitated business growth and adaptation.

The Digital Transformation category recognizes organizations that have successfully made the transition into a truly digital enterprise, overcoming and addressing business challenges with digitalization.

The Cloud-Native Development category highlights organizations that have effectively used agile methodologies to speed up the innovation and development of successful business applications that have made an impact on customers.

Supporting Quotes
Marjet Andriesse, senior vice president and general manager, APJC, Red Hat
“As the business landscape continues to change in 2023, the Red Hat APAC Innovation Awards 2023 celebrates the creative successes and achievements of our customers. Organizations today are increasingly turning to capabilities like data analytics to embark on transformation initiatives and cloud security to protect their businesses. Furthermore, they have to manage all these while addressing tightening resources and manpower. That is why open source continues to be a game-changer for businesses, giving them the flexibility and resilience to adopt technologies, both existing and emerging, to craft their own unique path to success.”

Lyndon Huang, executive vice president, KGI Securities
“Adopting Red Hat OpenShift has resulted in enhanced digital services, streamlined processes, and user-friendly interfaces. These efforts have contributed to providing customers with more innovative products and solutions, creating excellent end-to-end user experiences. The project has also equipped employees with modern tools to work more efficiently and effectively, fostering a culture of innovation within the organization.”

Chiuan Jung Chen, director, National Taiwan University Hospital (NTUH)
“NTUH has always developed its primary medical systems in-house, with minimal utilization of open source solutions as part of its infrastructure. Consequently, we have limited familiarity with open source solutions. Working with Red Hat has enabled us to embrace open source solutions while carrying on with NTUH’s tradition of providing high-quality and top-notch medical services. Red Hat has offered us a new platform choice to plan for digital transformation that will enable us to undertake a comprehensive overhaul of our system architecture, ensuring a more innovative and modern infrastructure that can meet the evolving needs of people.”