ICT Innovations Build Efficient Connectivity
First coined by researchers at the Massachusetts Institute of Technology (MIT) in 1999, by 2025 the “Internet of Things” (IoT) is forecast to involve as many as 100 billion connections globally, with more than 90 percent of them from intelligent sensors.
A better-connected world is taking shape where connectivity exists alongside land, labor, and capital as a key economic asset. ICT infrastructures are shifting from support systems that improve efficiency to production systems that drive value creation. Huawei is dedicated to innovations that bring closer connections between people; between people and things; and between things. These connections are transforming the concept of the Internet.
Enterprise Internet: Global ICT innovations are increasingly focused on enterprises that are actively transforming with enhanced connectivity, accelerated times-to-market, increased efficiencies, and added value.
For example, without nearly universal connectivity and tremendous changes to online payment systems, China shoppers could have never set about a US$ 9.1 billion record for “Singles Day” revenues on November 11, 2014.
Industrial Internet: Jeffrey Immelt, Chairman and CEO of General Electric (GE), is planning to invest US$ 1.5 billion in Industrial Internet projects — the next wave of deep connection between people and smart machines — over the next three years to improve the energy efficiency of its products by installing sensors to obtain massive amounts of data from products ranging from automobile and aircraft engines to nuclear magnetic resonance imaging apparatus.
National Internet: ICT innovation is transforming the way government agencies support and interact with individuals and enterprises.
The 2014 Huawei Global Connectivity Index (GCI) reports that connectivity is a vital indicator of a country’s overall competitiveness. Based on an analytical survey of 25 developed and emerging countries over 16 indicators based on two variables: current connectivity and growth momentum, the findings show that for each GCI percentage point increase, GDP per capita increases by 1.4 to 1.9 percent, which is at the higher end for emerging countries. Our conclusion is that connectivity is vital to industrial and national competitiveness, and further, that restructuring and streamlining end-to-end ICT processes are essential for value creation.
In other words, Enterprise, Industrial, and National Internets cannot exist without efficient connectivity. The foundations of connectivity are the ICT technologies that we are constantly innovating and turning into products. At Huawei, we believe that ICT innovation will make for a wonderful world for our customers.