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Technology is transforming the oil and gas industry, as well-established players invest in digital transformation initiatives to accelerate innovation, drive efficiency, and boost profitability.
A recent note from Frost & Sullivan suggests that 5G is a critical component for the digital transformation efforts of the entire oil and gas industry.
Huawei's OptiXtrans DC908 OptiXtrans DC908, an intelligent data center interconnect (DCI) product, was successfully awarded Storage Area Networks (SAN) certification by the European Advanced Networking Test Center (EANTC) for its specialism in DCI scenarios and industry-leading capacity.
The Huawei Oil & Gas Virtual Summit 2020 — exploring 'Data to Barrel' — was successfully hosted online. The summit gathered together global customers, industry partners, and thought leaders to share their experiences of helping oil and gas companies increase profits while cutting costs, creating added value through digital transformation.
Huawei's flagship CloudEngine S12700E won the coveted "Frost & Sullivan 2020 Global Campus Switch Enabling Technology Leadership Award" with the highest score — an astounding 9.6 out of 10. Never before has a campus switch received this award, signifying the industry-leading strengths and differentiators of Huawei switches.
China's New Infrastructure Policy guides the digital transformation of the country's industries, representing a wealth of opportunities for Huawei's Enterprise Business Group (BG).
New ICT such as big data, cloud computing, IoT, mobile Internet, and AI has developed rapidly since 2013, bringing new opportunities to the development of power grids. Using data as the development engine, electric power companies have enhanced intelligent applications across multiple grid fields. Leveraging digital capabilities to mitigate risks and seize new opportunities becomes an industry consensus.
Today marked the Seventh Huawei Global Power Summit themed "Bits Drive Watts, Building a Fully Connected Smart Grid". Held online, the summit invited global customers, partners, industry experts, and thought leaders in the electric power industry to discuss the impact and response to this year's pandemic, and political and economic uncertainties.