Thursday 24 September 2020
 
»
 
»
Story

Kevin Hu

Huawei to invest $200m in computing ecosystem

DUBAI, May 21, 2020

Huawei has announced that it would advance its computing strategy in the year ahead, fostering an ecosystem anchored in computing and the HUAWEI CLOUD. 
 
Throughout 2020, Huawei will invest $200 million in the computing ecosystem and help support 2 million developers worldwide. 
 
By cultivating product innovation and optimising business models, Huawei aims to give partners more ways to develop digital applications and fully tap into data value for business benefits.
 
At the conclusion of the 17th Huawei Global Analyst Summit recently held online, Huawei was joined by over 2,000 analysts, opinion leaders, and media representatives to discuss the global acceleration towards an intelligent world.
 
On the second day of the summit, Huawei also highlighted how intelligent IP networks accelerate intelligent connectivity. Kevin Hu, President of Huawei's Data Communication Product Line, said: "2020 is the first year for commercial use of intelligent IP networks. The entire industry has witnessed a historic shift of IP networks from Internet IP in the World Wide Web era to video-driven All IP, and is now on the way to intelligent IP oriented at the 5G and cloud era. Huawei will keep proactively increasing investment in super capacity, intelligent experience, and autonomous driving to build end-to-end intelligent IP networks for customers."
 
Separately during the summit, Yu Haitao, Vice President of Huawei Packet Core Network Product Line, provided insights into Huawei's latest 5G core network strategy and its dedication to building a 5G core network based on the CORE factors: cloud native, one core, real-time operation, and edge computing. Based on 5G Deterministic Networking (5GDN), the 5G core network will deliver innovative service solutions including 5G MEC, network slicing, and 5G LAN, providing differentiated network capabilities and a deterministic networking experience.
 
Executives from the company also reviewed how Huawei is helping operators achieve 5G business success in all service scenarios by building simplified, converged 5G networks that deliver multi-band coordination and superior experience while continuously reducing OPEX.
 
In parallel, the European Telecommunications Standards Institute (ETSI), China Broadband Development Alliance, Altice Portugal, and Huawei jointly launched the Fifth Generation Fixed Network (F5G) industry initiative. The initiative invites global upstream and downstream partners of the fixed network industry to join the F5G organisation to open up a new era for the global optical industry, and to foster the rapid development of the global digital economy.
 
Huawei’s Enterprise Business Group also confirmed working with partners to explore the industry digitisation market and help customers to accelerate digitisation and intelligence processes. 
 
Peng Zhongyang, Director of the Board, President of the Enterprise Business Group at Huawei, said: "With over 30 years of industry experience and accumulated capabilities, we have an in-depth understanding of industry and customer needs. This is why many customers have chosen Huawei to be their partner as they go digital. In the digital era, together with our 90,000-strong R&D teams, we will dive into the digital transformation market and develop scenario-specific solutions for government and enterprise customers.” -- Tradearabia News Service
 



Tags:

More IT & Telecommunications Stories

calendarCalendar of Events

Ads