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China Life Insurance (Group) Company is a large state-owned financial insurance corporation.
In 2019, the Group's consolidated operating income was CNY 906.7 billion, consolidated premium income was CNY 697.7 billion, and combined assets exceeded CNY 4.5 trillion. China Life Insurance (Group) Company has been listed in the Fortune 500 for 18 years in a row, moving up from 290th place in 2003 to 45th in 2020. Moreover, the Group has been listed by World Brand Lab as one of the world's top 500 brands for 13 consecutive years, with a brand value exceeding CNY 415.861 billion in 2020.
Following a simultaneous listing in New York and Hong Kong in December 2003, China Life Insurance Co., Ltd. returned to the domestic A-share market in January 2007, making it the world's first insurance company to be listed in New York, Hong Kong and Shanghai.
China Life Insurance (Group) Company is a large state-owned financial insurance corporation.
In 2019, the Group's consolidated operating income was CNY 906.7 billion, consolidated premium income was CNY 697.7 billion, and combined assets exceeded CNY 4.5 trillion. China Life Insurance (Group) Company has been listed in the Fortune 500 for 18 years in a row, moving up from 290th place in 2003 to 45th in 2020. Moreover, the Group has been listed by World Brand Lab as one of the world's top 500 brands for 13 consecutive years, with a brand value exceeding CNY 415.861 billion in 2020.
Following a simultaneous listing in New York and Hong Kong in December 2003, China Life Insurance Co., Ltd. returned to the domestic A-share market in January 2007, making it the world's first insurance company to be listed in New York, Hong Kong and Shanghai.
Challenges: Not Enough Bandwidth and CDN Resources to Handle Traffic Spikes from Numerous Applications
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High TCO: The Internet bandwidth and CDN cost grows rapidly. Service APIs are developed in cooperation with ISVs, with a long development cycle and high cost.
High TCO: The Internet bandwidth and CDN cost grows rapidly. Service APIs are developed in cooperation with ISVs, with a long development cycle and high cost.
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Inconsistent cloud platforms: The original platforms only provision basic cloud services. A unified cloud platform is required to provision more cloud services tailored to the business applications and requirements of an extensive range of branches and departments.
Inconsistent cloud platforms: The original platforms only provision basic cloud services. A unified cloud platform is required to provision more cloud services tailored to the business applications and requirements of an extensive range of branches and departments.
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Inability to respond in time to traffic spikes: There are not enough resources to handle unexpected spikes in requests due to promotions.
Inability to respond in time to traffic spikes: There are not enough resources to handle unexpected spikes in requests due to promotions.
China Life Insurance Has Built a Unified Hybrid Cloud Platform Using Huawei Cloud Stack
China Life Internet applications use a cross-cloud deployment. They deploy frontends on Huawei Cloud and leverage AI services, such as facial recognition, image recognition, and voice recognition, to upgrade traditional workloads. For example, Cloud Assistant, a program of China Life, uses DNS, GSLB, CDN, OBS, and video transcoding services of Huawei Cloud to deploy its frontends, and deploys backend databases and clusters on the ECSs and BMSs of their on-premises Huawei Cloud Stack.
China Life uses Huawei Cloud Stack as the foundation of the entire IT infrastructure to manage self-developed OpenStack resource pools, VMware resource pools, and Rancher container resource pools. In a federated architecture, China Life's hybrid cloud has seamless access to Huawei Cloud services and manages cloud services hosted in different regions and resource pools. A diverse range of China Life businesses have been migrated to the hybrid cloud platform.
Customer Benefits
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Huawei helped China Life build a unified financial cloud with integrated resources. The cloud platform provides access to 200+ Huawei Cloud services, accelerating business innovations for China Life.
Huawei helped China Life build a unified financial cloud with integrated resources. The cloud platform provides access to 200+ Huawei Cloud services, accelerating business innovations for China Life.
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China Life manages over 10 group member companies and more than 36 provincial branches using a unified cloud management platform adapted to its multi-level organization structure.
China Life manages over 10 group member companies and more than 36 provincial branches using a unified cloud management platform adapted to its multi-level organization structure.
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According to estimates based on the statistics of China Life's top 7 Internet services, including desktop cloud, video cloud, and dual recording system, the new platform helped China Life reduce network expenditure by over 70%, that is, 30 million CNY each year, with the use of EIPs and CDN.
According to estimates based on the statistics of China Life's top 7 Internet services, including desktop cloud, video cloud, and dual recording system, the new platform helped China Life reduce network expenditure by over 70%, that is, 30 million CNY each year, with the use of EIPs and CDN.
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China Life deployed front-ends of its applications on the public cloud to meet elastic demands, such as business promotions, supporting 100,000+ marketing events annually.
China Life deployed front-ends of its applications on the public cloud to meet elastic demands, such as business promotions, supporting 100,000+ marketing events annually.
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The hybrid cloud marketplace integrates hybrid cloud services, China Life's internal applications, applications of industry customers, and those developed by ISVs. This allows China Life to build a rich application ecosystem. The marketplace provides SaaS services, API services, and pre-built images. Branches of China Life can quickly deploy applications based on their own needs, which is also cost-effective.
The hybrid cloud marketplace integrates hybrid cloud services, China Life's internal applications, applications of industry customers, and those developed by ISVs. This allows China Life to build a rich application ecosystem. The marketplace provides SaaS services, API services, and pre-built images. Branches of China Life can quickly deploy applications based on their own needs, which is also cost-effective.