Huawei Shares its Ten Year Vision and Strategy for Growth
[Shanghai, China, 27 April, 2011] Huawei, a world-leading telecom solutions provider, today shared at its Eighth Annual Global Analyst Summit its vision for the telecommunications industry over the next 10 years and its strategy to capture the opportunities presented by these trends. With the increasing convergence of Information Technology (IT) and Communications Technology (CT), Huawei has put in place a three-pronged strategy of "Cloud-Pipe-Device" to provide comprehensive solutions to telecommunications carriers, enterprises and customers, to expand the horizons of telecommunications industry and to contribute to the development and rise of the Information Communications Technology (ICT) industry.
Richard Yu, Chief Marketing Officer of Huawei, said, "Globalization has truly taken down all borders and a wholly-digitized society has come to the forefront where applications of telecoms are at the core not just for communications, but across all industries. This trend presents significant opportunities for Huawei and the telecommunications industry as a whole."
In the last 20 years, technological evolution and the transformation to a digital society have driven the rapid growth of the telecommunications industry. However, the traditional telecommunications industry now stands at a crossroads and is redefining itself where its focus is shifting from voice to data, from communications pipe to content development, from human-to-human communications to machine-to-machine communications, and from CT to ICT. All these changes will create tremendous opportunities for the growth of the telecommunications industry.
To capitalize on these trends and meet the challenges of this new era, Huawei has developed cloud computing solutions and constructed its "Smart Device, Simple World" strategy with a view to provide a fully-integrated end-to-end ICT solution that focuses on the three components of cloud computing, network, and device. Huawei has also introduced a new organizational structure centered around these three key drivers of growth that will enable it to further expand its presence in the operator space, enhance the strength of its device brand, and extend its reach in the enterprise segment.
"The next 10 years will be a crucial period as the needs of users shift from basic communications to comprehensive demands for information. The disappearing line between IT and CT presents both opportunities and challenges for us. Huawei will continue to collaborate closely with partners to broaden the boundaries of the telecommunications industry and work towards greater growth," Mr. Yu said.