Computing, Security, Software

Huawei Forecasts USD60 Billion Global Operating Revenue For 2015

Propelled by its enterprise market services, a Huawei executive predicted that the company's global operating revenue for 2015 would reach over USD60 billion, representing a year-on-year increase of 29% compared with USD46.5 billion in 2014.

Wu Dong, vice president for sales of global network solutions of Huawei enterprise business group, said that while most enterprises are facing challenges, Huawei's businesses keep growing in markets outside China. Wu said the company hopes to become a leading ITC solutions provider in the enterprise market. With a wide range of products and services, Huawei wants to ensure the high security, scalability and reliability of enterprise ITC infrastructure and networks around the globe.

In 2014, Huawei's enterprise businesses contributed operating revenue of USD3.12 billion and the number for 2015 is expected to be over USD4.2 billion.

According to Wu, in 2015 the overseas markets saw larger increases — especially the Middle East market.

In addition, Huawei launched its latest solution based on Agile Network 3.0 and started to enter the software-defined networking age.

Software-defined networking is a software-based network technology which can realize flexible control of network traffic by separating the network equipment control plane from data plane to make the network a smarter channel. Market research firm IDC predicted that the SDN technology market scale in enterprise and cloud service provider sectors will reach USD3.7 billion in 2016, while the number in 2013 was only USD306 million.

Leave a Reply

Your email address will not be published. Required fields are marked *

Send this to a friend