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Home»Cloud»Huawei’s Cloud Business Maintains Stellar Performance
Cloud

Huawei’s Cloud Business Maintains Stellar Performance

Gugu LourieBy Gugu Lourie2024-04-03Updated:2024-04-03No Comments4 Mins Read
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Jacqueline Shi, President of Huawei Cloud Global Marketing and Sales Service
Jacqueline Shi, President of Huawei Cloud Global Marketing and Sales Service
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Huawei Cloud’s says continuous investment in innovation has led to its rapid business growth in 2023. By the end of 2023, Huawei Cloud had covered 30 geographical Regions and 84 availability zones (AZs), and provided services for customers in more than 170 countries and region.

The revenue for the cloud computing unit grew 21.9 percent year-on-year to 55.3 billion yuan ($7.6 billion) in full year 2023.

Within China, Huawei Cloud has been focusing on industry digitalisation scenarios.

“We have already supported more than 800 e-Government cloud projects, and have helped more than 160 cities implement the One City, One Cloud initiative,” the company sated in its annual report published on Friday.

“We have served China’s six major banks, 12 joint-stock commercial banks, and the top 5 insurance institutions. 90% of the top 50 e-commerce companies, 90% of the top 50 gaming companies, and 90% of the top 30 automakers in China have also chosen Huawei Cloud.”

In Europe, the Middle East, and Africa (EMEA), ICT infrastructure such as 5G and optical networks was being constructed rapidly and industries sped up digital, intelligent, and low-carbon transformation.

“As a result, our cloud computing business grew rapidly, our ICT infrastructure business remained steady, and the performance of our digital power business was in line with forecasts,” said Huawei.

In 2023, Huawei Cloud maintained rapid growth in regions outside China and has become a trusted cloud brand for customers in markets including Asia Pacific, Latin America, the Middle East, Africa, and Europe.

In Southern Africa, Huawei Cloud has become the first cloud service provider to operate local data centres.

“We provide cloud services for 14 countries in Southern Africa, in sectors such as government services, telecommunications, finance, manufacturing, mining, education, Internet, retail, and logistics.”

The University of Zululand (Unizulu) in South Africa, for example, migrated its service system to Huawei Cloud, and has since been able to significantly improve its teaching management, academic evaluation, exam management, anti-cheating management, and security management.

In Northern Africa, Huawei Cloud launched innovative AI and big data services locally, including the Arabic automatic speech recognition (ASR) service that supports the Egyptian dialect, to help customers accelerate innovation and upgrades.

In addition, Huawei Cloud worked with partners to build solutions for local enterprises. Huawei Cloud worked with Intella to build an Arabic model covering all 25 Arabic dialects, with a speech recognition accuracy of up to 96% and a word error rate as low as 10.

Huawei Cloud
Huawei Cloud.Image source: Pronectis

“We are fast approaching the intelligent world. Innovative ecosystems underpinned by cloud and technologies represented by foundation models are reshaping industries at an unprecedented speed and generating new momentum for building an inclusive, accessible, and resilient digital world,” Huawei said in the annual report.

The company said Huawei Cloud is continuing to implement the Everything as a Service strategy and provide customers, partners, and developers with stable, reliable, secure, trustworthy, and sustainable cloud services.

“We strive to serve as the cloud foundation and enabler of industry digitalisation, as well as to accelerate the intelligent transformation of industries and provide the fertile soil for a flourishing ecosystem.”

Huawei Cloud continues to invest heavily in R&D, and leverages Huawei’s more than 30 years of ICT expertise and product solutions to build the best cloud foundation in the intelligent era through systematic innovation.

“We have built five pipelines for data governance, AI development, digital content production, software development, and hardware development, to make innovation easier and to accelerate industries’ digital and intelligent transformation.”

Huawei Cloud envisions an ecosystem that is Of All, By All, and For All. Huawei Cloud is accelerating the development of an ecosystem that aggregates industry applications and supports global developers and partners.

“Together, we are building a thriving ecosystem to facilitate innovation on the cloud. By the end of 2023, Huawei Cloud had developed more than six million developers around the world, attracted more than 40,000 partners to our ecosystem, and launched more than 10,000 applications in the KooGallery cloud market.”

5G cloud computing business Digitalisation fibre Huawei Huawei Cloud
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