Huawei CEO Lays Out Ambitious Plans for 2018

Huawei hasn’t always been a household brand name in North America, but in recent years it has increasingly become one. From cloud and enterprise networking gear to consumer devices include set top boxes and mobile phones, Huawei is now a major IT force in the world.

Image result for Huawei CEO Lays Out Ambitious Plans for 2018

In 2018, Huawei is celebrating the 30th anniversary of the company’s creation. The company’s CEO Ken Hu released a special announcement for the new year, detailing the progress the company has made to date and where Huawei is headed in the future.

For fiscal 2017, Hu noted Huawei’s total sales revenue is expected to reach 600 billion yuan in 2017, or approximately $92.4 billion US, for a 15 percent year-over-year gain.

“In 2017, despite fluctuations in telco investment cycles, our carrier business has remained healthy and robust,” Hu wrote. “As markets waver, we are more committed than ever to exploring better solutions with our customers as they shift away from network construction models that are investment-driven, to models driven by value.”

In the carrier business, one of the big areas of growth for Huawei in 2018 is the deployment of 5G wireless. He noted that Huawei’s goal is to help carrier deliver a superior experience for content delivery.

For Huawei’s enterprise business unit, Hu said that product enhancements will continue in multiple areas including cloud, campus networks, data centers, and IoT. He added that currently 197 companies in the Fortune Global 500 have chosen Huawei as their digital transformation partner.

Cloud

In 2017, Huawei formed a Cloud Business Unit to help advance its effort in the growing cloud market. Huawei is a leading member of the OpenStack Foundation and has its own FusionSphere distribution of OpenStack.

Hu said that Huawei’s Cloud BU now offers 97 different services across 14 major categories.

“We have deployed over 50 solutions for manufacturing, enterprise intelligence, e-commerce, and SAP applications,” Hu stated. “Since the formation of the Cloud BU, resource utilization and our number of cloud users have both tripled.”

Hu’s goal for Huawei in the coming years is to make sure his company helps to enable what he referred to as, ‘an intelligent world.”

“At the threshold of this new era, we stand tall in our commitment: Huawei will bring digital to every person, home and organization for a fully connected, intelligent world,” Hu stated.

News Reporter

Leave a Reply