Cloud has taken over the enterprise with now 90% of organizations using cloud-based services, according to Deloitte’s Tech Trends 2020 report.
Investment in the field is set to boom with the consulting firm expecting cloud investments to double as a percentage of IT budget over the next three years. Forrester, meanwhile, forecasts that revenue from public cloud infrastructure, platforms, and applications, will grow to a healthy CAGR of 21% between 2018 and 2022, reaching US$411 billion over the next two years.
Huawei, the Chinese multinational tech firm is betting big on cloud computing, a field it believes will fuel future growth.
During the firm’s annual Global Analyst Summit in May, Huawei said that it has committed to investing US$200 million in its cloud and general-purpose computing ecosystem this year to develop more opportunities for enterprises and developers.
Huawei’s ongoing investment in cloud computing will deliver new tools and resources for 2 million developers around the world, the company said.
Huawei Cloud also recently launched a new offering called Huawei Cloud Stack (HCS) that’s specifically designed to provide cloud services to local data centers for government and enterprise customers. HCS provides three main capabilities: unified management, data governance, and application enablement.
Huawei Cloud currently has more than 210 cloud-based services in 23 categories and 190 industry-specific solutions. Its ecosystem counts over 10,000 consulting partners and 3,500 technology partners.
Leveraging cloud computing to expand globally
Further cementing its commitment to cloud computing, Huawei Cloud will be hosting a digital summit on June 10 focusing on how companies can leverage the cloud to go global.
The virtual event, taking place from 14:30 to 17:30 (GMT+8), is set to bring together experts from over 10 Asia-Pacific (APAC) countries, and will be broadcasted live in both English and Chinese.
The summit will explore the latest trends in global expansion of Chinese Internet companies, delve into how businesses can leverage cutting-edge technologies to adapt to the rapidly evolving business environment when entering new markets, and discuss how technological innovation can drive enterprise transformation and improve customer experience, among other topics.
The summit will feature exclusive events including the release for the 2020 Go Global Whitepaper for Internet Companies by Huawei Cloud, the cloud computing arm of the tech giant, as well as the launch of the Brilliant Plan: Asia-Pacific Internet-Telco Partnership Program.
Participants will also get to hear more on Huawei Cloud’ “Go Global” Program: “2+4” Capabilities, learn how SHAREit and NetEase Games have managed to successfully run their businesses globally, understand how the COVID-19 pandemic will be affecting Internet companies’ expansion plans, and win special perks from Huawei Cloud.
Speakers will include experts in the fields of cloud computing, big data, gaming, mobile Internet, and more, representing the likes of Huawei APAC, Huawei Cloud, Grand View Capital (GVC), SHAREit, NetEase Games, and Beluga Global.
To register, click this link http://intl.smarket.net.cn/u/2UIzUoU or scan the QR code provided.
