Huawei’s cloud services unit sees Asia-Pacific as a vast market for AI products
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The region is also one of Huawei’s biggest geographic markets for cloud computing services, according to Shi. It is where the company initially launched certain cloud products, such as its “serverless database” solution, before a broader international roll-out.
Cloud computing is one of the strongest growth areas for Huawei in 2023, when this business’ revenue rose 21.9 per cent year on year to 55.29 billion yuan (US$7.6 billion), according to the company’s latest annual report.
Cloud computing technology enables enterprises to manage or distribute over the internet a range of software and other digital resources as an on-demand service, just like electricity from a power grid. These resources are stored inside data centres.