PR84100

SHENZHEN, China, May 20, 2020 /PRNewswire=KYODO JBN/ --

Due to the COVID-19 global outbreak, industry digitization has entered a new

phase of explosive development -- a sign of the market's strong resilience and

its great potential for growth. Digitization can drive innovation in both

government management models and business models of vertical industries, as

well as boost production and service efficiency. With this in mind, what is the

direction of digital transformation in various industries, and how should they

transform? What advantages can Huawei bring in helping enterprise customers

achieve business success? At the Huawei Global Analyst Summit 2020 (HAS 2020)

on May 19, Huawei Enterprise Business Group shared its insights into industry

trends and challenges it currently faces with global analysts and media. Huawei

Enterprise Business Group will work with partners to explore the industry

digitization market and help customers accelerate digitization and intelligence

processes.

"2019 has been an especially bumpy and tough year for Huawei. However, we

successfully tackled challenges by remaining focused on resolving customer

issues and creating value," said Mr. Peng Zhongyang, Director of the Board,

President of the Enterprise Business Group, Huawei. "With over 30 years of

industry experience and accumulated capabilities, we have an in-depth

understanding of industry and customer needs. Huawei provides competitive ICT

products and solutions that span multiple product domains. This is why many

customers have chosen Huawei to be their partner as they go digital. Huawei's

success is a result of our heavy investment in R&D and continuous innovation.

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. We will collaborate with all partners

to build a robust ecosystem. Huawei is committed to becoming the preferred

partner in customers' digital transformation, and so together, let's build the

core for a great digital era."

Due to external environmental changes, Huawei has great confidence to achieve

its challenging new goals. Firstly, the development and unified application of

new ICT technologies such as 5G, AI, and cloud computing has significantly

accelerated the digital transformation in vertical industries. Secondly, due to

the pandemic, governments and enterprises around the world have now realized

that digital transformation is imperative. Therefore, the power and potential

of a digital world is evident.

Mr. Qiu Heng, President of Global Marketing for Huawei's Enterprise BG,

introduced the business performance and objectives of Huawei Enterprise BG in

2019 during his "Bring Digital to Every Organization" speech. With support from

global customers and partners, Huawei Enterprise BG achieved a sales revenue of

CNY 89.7 billion in 2019, 86% of which came from partner contribution. Huawei

serves more than 50,000 enterprise customers worldwide. Furthermore, 228 of the

Fortune Global 500, and 58 of the Fortune Global 100 have chosen Huawei and

Huawei's partners to assist them in digital transformation. In Shenzhen alone,

Huawei has helped more than 1800 enterprises implement digital transformation

across finance, transportation, manufacturing, electric power, education, and

healthcare. In the future, Huawei will continue to empower customers' business

success by leading industrial digital transformation, driving campus and data

center reforms, and developing cutting-edge star products.

Huawei has been promoting digitization in the transportation industry for 20

years. By deeply integrating 5G, AI, and ICT within the industry, Huawei has

helped transportation customers improve safety, efficiency, and experience in

all areas. Mr. Xiang Xi, Vice President of Huawei's Global Transportation BU,

shared Huawei's experience in the transportation sector, "With the

transportation industry becoming more integrated in the future, Huawei will

continue to cooperate with ecosystem partners to build a unified comprehensive

transportation system by focusing on 'One ID for Travel, One Order for

Logistics, and One Brain for Operations and Supervision'."

The digital transformation of the financial services industry strives to be

"fully digital, fully intelligent, and fully open". Due to the pandemic, the

financial services industry has never been more confident and determined to

implement digital operations. In addition, the financial services industry has

demonstrated its advantages and value in conducting digital operations with new

technologies. Mr. Vincent Chen, CTO of Huawei's Global Financial Services BU,

said that Huawei will continue to leverage its innovative technology and

leading practices in ICT infrastructure to help financial institutions execute

business strategies such as inclusive finance, as well as data-driven business

innovation and open banking in order to deliver stable, secure and agile

financial services.

The energy industry is facing challenges such as energy transformation,

low-carbon needs, energy security, and friendly interaction in energy

consumption. Mr. Xia Wenbo, Chief Digital Transformation Officer of Huawei EBG

Global Energy Industry, believes that these challenges will accelerate the

transformation and upgrade of the electric power industry. "Huawei will work

with customers in the electric power industry to promote the application of

cloud computing, big data, 5G, and AI technologies in the industry, thereby

ensuring secure and stable running of the power grid, supporting large-scale

new energy access, and improving operational efficiency. In addition, this will

help develop new services and accelerate the industry's digital

transformation," said Xia.

In the future, Huawei will build the foundation for digital China and the core

for a digital world based on "New Connectivity, New Computing, New Platforms,

and New Ecosystems".

For more information, please visit https://e.huawei.com/en/

SOURCE: Huawei