Huawei Eyes 40-50% Growth In Enterprise Business

Chinese technology behemoth Huawei that is becoming more aggressive on enterprise solutions without compromising on its other verticals like carrier and devices, is looking at a growth of around 50% from its enterprise business, a kind of growth it has been witnessing for last few years.

“Our enterprise business has been witnessing a year-on-year growth of 43.8% in the past years, and we are sure we can grow a 5-10% more than this,” Derek Hao, President, Huawei India Enterprise Group told TeleAnalysis.

He said this at the sidelines of Huawei Enterprise ICT Summit – an event showcasing the company’s enterprise solution – in Mumbai.

“Our last audited revenue for the past year (Calendar year) was $ 4.3 billion globally and we have done pretty well this year too,” he added. “Our growth has been more than the industry average.”

However, he said he can not share the revenue details of this year as it is not closed yet.

The company that started its enterprise solutions as a separate business unit, has been focusing on areas of Cloud Computing, Big Data, Internet of Things, SDN and Data Centers, and has been catering to industry verticals like BFSI, transportation, government, infrastructure and education.

When asked about the relevance of conducting the event in India, he said, India is a strategic market for every technology company now and enterprises here are fast in adopting new technologies and solution.

“The emergence of maturing digital technologies and increasing economies of scale is disrupting many industries around the world. Companies that embrace this disruption and adopt new ICT to drive digital transformation have the opportunity to gain a decisive competitive edge,” he added.

In India, the company is also looking at areas like energy, transport, BFSI and government as its key focus areas. Huawei has also created a separate unit in its R&D facility in Bangalore to research specifically on enterprise solutions.

Derek said in the fast-changing digital world, Huawei will cooperate extensively with key partners across India to solidify a thriving ecosystem, and work closely with its customers to drive digital transformation that meets their specific industry needs while building a better connected world.

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