This article originally appeared in CIO Insight. The last couple of years have seen one disaster after another in China’s financial sector: financial scandals, record losses, a stock market at six-year lows. The fact is that the industry’s existing technology infrastructure can’t meet its urgent need for better customer service, oversight and compliance, much less the crash program in process improvement needed to compete globally. Read full article. … Read more »

Article originally appeared in CIO Insight. Since Linux doesn’t require user licenses, it’s also a way to combat software piracy, which is an epidemic in China. Under pressure from the world community and from local technology companies and other industry sectors, China has started thinking about cleaning up its act. Read full article. … Read more »

This article originally appeared in CIO Insight. Tokyo-based TurboLinux has recently announced that the Industrial & Commercial Bank of China will roll out Linux in all of its 20,000 retail branches. ICBC, which has 100 million customers and over 8 million corporate accounts, is the largest bank in China. Under the deal, ICBC will buy an unrestricted user license and will integrate it throughout its entire banking operations network over the next three years. Read full article. … Read more »