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More than 500 attend Huawei Global Analyst Summit
Wed, 12th Apr 2017
FYI, this story is more than a year old

There are over 500 industry analysts, media representatives and opinion leaders across a range of disciplines gathered in Shenzhen recently for the 14th annual Huawei Global Analyst Summit (HAS).

The analyst summit highlights Huawei's latest innovations, business practices and solutions in domains like cloud services, video, the Internet of Things (IoT), AI, and digital transformation – Huawei also took the opportunity to discuss its strategy in these fields.

Huawei rotating CEO, Eric Xu opened the summit with a look into the company's strategy.

“Many years of exploration and innovation in technology are driving industry development, presenting huge business opportunities. Huawei will remain committed to building more connections, enlarging data pipes, and driving digital transformation,” Xu says.

“By focusing on ICT infrastructure and smart devices, we will enable this intelligent world and drive its ongoing progress.

Xu went on to discuss how providing cloud services has already become a basic business model.

“Beginning in 2017, Huawei will focus on public cloud services. We will invest heavily in building an open and trusted public cloud platform, which will be the foundation of a Huawei Cloud Family.

“This family will include public clouds we develop together with operators, and public clouds that we operate on our own.

Executive director and chief strategy marketing officer at Huawei, William Xu says there are many opportunities brought about by digital transformation.

“Digital transformation opens up immense new potential for value-driven growth in traditional industries,” he said.

“Naturally, industries are eager to tap into this potential. According to findings from the 2017 Global Connectivity Index, digitization is gaining momentum around the globe. Investment in cloud computing is ramping up on a regional and national scale, and the cloud is seeing broader application. This will help industries go digital—and fast.

William Xu noted that ICT infrastructure is an important pillar of national economic growth, and that the cloud in particular is key to unleashing the power of connectivity.

For this reason, Huawei recommends that countries and industries turn their attention to digital transformation as a driver for growth, and pursue greater development and investment opportunities in emerging fields like cloud computing, IoT, and big data in order to reap the benefits of technological development.

In its 14th consecutive year, this year's summit runs over April 11-13.