Huawei held its 15th annual Global Analyst Summit in Shenzhen. At the summit, the company shared its vision for an intelligent world of the future, as well as the trillions of dollars of new opportunities that will come along with it.
Company executives elaborated on Huawei's role as a pioneer of this intelligent world, giving insight into company strategy and current initiatives. As a glimpse of what the intelligent world will entail, the company released the Global Industry Vision 2025 report, which outlines business practices, solutions, and technological innovations in artificial intelligence (AI), 5G, cloud services, the Internet of Things (IoT), and other domains.
Rotating Chairman, Eric Xu, opened the summit, explaining Huawei's new vision in detail. He talked about the benefits of digital and AI technology for every person, home, and organization, as well as the challenges the industry faces. "In an age defined by greatness, Huawei aspires to become a great company. We want to help mankind take its next step forward," he said. "This is the basis of our new vision and mission: Bring digital to every person, home and organization for a fully connected, intelligent world.
Guided by its new vision, Huawei plans trailblaze a path forward to this intelligent world, focusing on ICT infrastructure and smart devices. They aim to increase the competitiveness of their entire product and solution portfolio, including cloud, networks, and devices, and deliver a superior user experience through across-the-board adoption of AI technology.
High expectations surrounding artificial intelligence often emerge before businesses have established what it can genuinely achieve. “Companies are confused by the sheer amount of change,” Drago Cmuk, Partner at Forvis Mazars, tells ICTbusiness Media – ICTbusiness.info. He sees uncertainty as a predictable response to a market in which new technologies and claims appear almost continuously.
The telecommunications industry is undergoing one of the fastest transformations he has witnessed in two decades. “Last year, we were experimenting with these tools in laboratories; today, they are becoming part of our everyday business,” Dejan Turk, President of the Management Board and CEO of A1 Croatia, tells ICTbusiness Media – ICTbusiness.info. The shift, he argues, is no longer about whether operators should adopt artificial intelligence but about where it can produce tangible results.