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Huawei Aids Companies to Digitally Transform Their Business, Believes Video on Mobile Will Be Next Trillion-Dollar Market

| Feb 22, 2017 06:56 AM EST

CEO of Huawei Consumer Business Group Richard Yu delivers a keynote address at CES 2017.

Huawei held a briefing where its Carrier BG President Zou Zhilei emphasized that the video on mobile will be the next trillion-dollar market and that a better-connected world is coming. Huawei held this briefing before the start of the 2017 Mobile World Congress in Barcelona.

Many industries are currently embracing Artificial Intelligence, Cloud, Big Data and Internet-of-Things through digital transformation, Companies considers this now as a necessary part of success.

Huawei is committed to enabling companies to achieve value-driven growth for it to become successful through digital transformation.

Zou stated: "By 2025 there will be 100 billion connections globally, 85 percent of all enterprise applications will move to the cloud, 100 percent enterprises will use cloud services, and the penetration rate of industrial intelligence will exceed 20 percent."

"In a Better Connected World, industries going digital will create limitless opportunities, and how far industries will go in this process is beyond our imaginations," he added.

Zhou believes that the strategy of global telecom operators is transforming from being a traditional "investment-driven" to being "value-driven." Huawei is committed to aiding operators in order for them to attain growth, achieve a better return-on-investment, as well as increase operating efficiency.

Video will become a basic necessity for operators in the entertainment and communications industry in order for them to grow exponentially. Vertical industries transforming to be digital will be able to establish a trillion dollar market for both industries.

Huawei will be able to provide business solutions as well as support to operators in the process of helping vertical enterprises to go digital. Besides this, it will also offer cloud services to different parties in order to enable operators to improve their profits and expand their markets.

Huawei will reveal several All Cloud solutions in the 2017 Mobile World Congress

"Huawei will team up with operators to embark on the value-driven ROADS (Real-time, On-demand, All-online, DIY, Social) to new growth," said Huawei Carrier BG global marketing and solution sales president Ken Wang.

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