Huawei Ecosystem Summit 2021 in Singapore: Digital Transformation Boosted by the Covid Pandemic

[Singapore, April 29, 2021] Huawei today hosted its annual Singapore Ecosystem Summit, entitled “Transform with Growth, Alliance for Action”. The event gathered 2021 participants, including customers, channel business partners, government representatives, academics and industry experts.

In his welcome address, Nicholas Ma, CEO of Huawei International Pte Ltd., outlined the growth of Huawei in 2020, citing a global sales revenue of CNY891.4 billion, up by 3.8% YoY. This performance was achieved despite the company facing international challenges, including the Covid-19 pandemic.

Nicholas Ma highlighted three key trends observed in this digital transformation era:

• The extension of digitization to traditional sectors such as education, healthcare, finance, energy, construction and transportation;
• The acceleration of Cloud and Artificial Intelligence (AI) use due to the Covid pandemic;
• The convergence of information technology and operations technology (IT & OT convergence).

Recognizing that the pandemic disrupted both supply and demand on the global scene, Nicholas Ma also emphasized that it sped up digital transformation. “According to IDC, by 2022, 70% of organizations will have accelerated using digital technologies to drive customer engagement, employee productivity and business resiliency. By 2025, 97% of large enterprises will use AI, and 77% of Cloud applications will be powered by AI,” he said.

“Based on its post-Covid forecasts and to facilitate digital transformation further, Huawei will continue to innovate in technology, such as intelligent networks, storage, Cloud, data centers and green energy. The company will also develop industry solutions such as video cloud and smart campuses,” he continued.

To this end, Huawei launched AILAb, OpenLab and DigiX Lab in Singapore to support joint innovation with various industries. Representing an investment of USD 40 million, the Huawei DigiX Lab, which enables developers to test apps and services for mobile devices, is the first in the Asia-Pacific region.