IBM Power10 for Automotive - IBM Platinum Partner Indonesia

What’s happening in Automotive?

Security and regulatory compliance remain front-of-mind

Growing cost as the regulatory and cost burden of non-compliance grows – fines up to 4% of global turnover for GDPR breach1

AI can be used to assess risks, detect and prevent payments fraud, improve processes for anti-money laundering (AML) and perform know-your-customer (KYC) regulatory checks2

Constant security challenges: Between February and April 2020, cyber attacks against financial institutions rose by 238%3

The FDIC and OCC have tightened information security controls for banks. Furthermore, FFIEC examiners are closely monitoring financial institutions4, with the potential for significant fines for security breaches

Pressure to protect and grow revenue

In the aftermath of COVID-19, many central banks are keeping interest rates low so as not to threaten recession
The Bank of England kept the base rate at 0.1% in its decision in August 2021; this low interest environment has squeezed a key revenue source for banks as it affects the rate they can charge on interest bearing products such as loans & mortgages6
A hybrid cloud architecture enables the rapid adoption of new technology which can drive new revenue: adopt or switch to the latest SaaS solution & integrate with existing applications7, 8
61% of UK banking customers wish that their bank would do more to create a positive social and environmental impact9
Sustainable computing reduces energy consumption and costs
The European Parliament published Regulation (EU) 2019/2088 to achieve more transparency on how financial market participants and advisers consider sustainability risks10, 11

Drive for Cost Efficiency

Banks’ balance sheets are suffering from the severe credit losses resulting from the COVID-19 pandemic as many individuals and companies struggle to repay debts
AI can increase visibility and enhance decision-making across all aspects of a bank through leveraging data insights
Banks have cut costs e.g. via branch closures, 28% reduction in the UK since 20125 and accelerating digitalisation/automation
Hybrid cloud helps lower the cost of enterprise IT and avoid vendor lock-in – enables applications to run on the best suited platform to their needs, meeting cost, regulatory and security requirements and moving compute to the data, not data to the compute

Accelerated Shift to Digital

Challenger banks and ‘born in the cloud banks’ (e.g. Revolut) have increased pressure to improve customer experience as banks fight to retain existing customers
Banks are using AI to transform their customer experience and reduce costs by helping with customer identification and authentication, mimicking live employees through chatbots and voice assistants, and providing personalized insights and recommendations2
Severe impact from lack of availability e.g. Tokyo Stock Exchange was brought to a standstill by a hardware failure, in the worst-ever outage for the world’s third-largest equity market12. With outages increasing, the importance of using resilient hardware and contingency planning gain even greater significance
In 2020 the number of banking outages surged to about 2,300 total hours in Australia, up over each of the past three years, from less than 1,000 hours in 201713
Hybrid cloud allows banks to quickly scale up computing resources, automatically and inexpensively in response to unplanned spikes in traffic without impacting private cloud workloads. This enables the banks to scale with customer demand7, 8

How Power10 helps?

Artificial Intelligence

AI use cases for banking cover customer facing as well as middle- (e.g. AML) and back-office functions (finance / procurement)
The built-in inference engine on Power10 brings AI closer to your data to reduce cost and complexity5
Matrix Math Accelerators provide an alternative to external accelerators and GPUs for execution of statistical machine learning and inferencing8
Reduces costs of separate AI infrastructure9
Avoids latency associated with moving data for inferencing2
Delivers faster business insights by running AI “in place”6
5x faster AI inferencing per socket over the IBM Power E9807
Create models anywhere with ONNX, run Python® and code with Tensorflow, PyTorch or XGBoost5.

Sustainability

The global focus on sustainability is growing; sustainable computing helps banks reduce energy consumption and costs
Up to 3x greater energy efficiency and workload capacity than POWER911
Data centers running Power10 require less cores, and therefore power, to deliver the same or more compute capability than other platform6
Lower energy consumption by 33% for the same workload over Power E9807
52% lower energy consumption for the same workload over Power E880C7
4.1X more containerized throughput per core running Red Hat OpenShift applications than compared x867
Designed to support up to 3x increases in users, workloads and OpenShift container density for hybrid cloud workloads as compared to IBM POWER911

Resiliency

Accelerated digitisation and expectation of 24/7 access make enterprise resilience a necessity for banks
Power has been leading the industry in infrastructure reliability with 25% lower downtime vs. comparable high-end servers2
The Power10 processor can automatically detect, isolate, and recover from soft errors without an outage or without relying on the operating system to manage faults and self-heal recoverable errors10
Maximize reliability and availability with Open Memory Interface (OMI) attached memory DIMMs2
Power10 DIMMs deliver 2X better memory reliability and availability than industry standard DIMMs2
Most flexible and reliable SAP HANA platform7
Ranked most reliable server in its class for 12th year by ITIC7

Security

Banks face constant security challenges; this is exacerbated further by the threat of potential fines from data breaches
Transparent in-memory encryption simplifies protection without impacting performance1
4x more crypto engines in every core compared to POWER97
Support anticipated future encryption protocols like quantum-safe cryptography and fully homomorphic encryption2
Encrypt much faster => 2.5X faster crypto performance per core vs. Power E9807
Memory encryption without performance degradation – as opposed to software-based memory encryption10
Encryption at silicon level => no additional management setup2 and avoid buying more software licenses

Hybrid Cloud

Hybrid Cloud is a key enabler of agility, efficiency & business transformation for banks; pressure to modernise legacy
Power10 is designed to help you scale efficiently with consistent pay-for-use consumption across private and public cloud1; flexibility to deploy to the optimal location for your organisation
Consistent architecture across Power Private Cloud & Power Virtual Server: Flexibility to deploy where you want without requiring additional middleware and application re-factoring2
PowerVC provides on-prem enterprise virtualization management => enabling administrators to quickly provision new virtual machines in minutes and give real time visibility and control3
Frictionless consumption & built-in cost optimization4 to drive operational efficiency