Huawei Forecasts AI Computing Power Increase by 2030

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Huawei Technologies Co. has predicted that global artificial intelligence computing capacity will increase by a factor of 500 by the year 2030. In response, the company will continue to invest in domains such as connectivity, computation, storage, and the cloud in order to speed up digital transformation. This occurs as Huawei adapts its development strategies in response to prolonged US government restrictions.

Huawei’s rotating chairwoman and chief financial officer, Meng Wanzhou, believes that digitalization is a blue ocean for the entire industry and that global expenditure on digital transformation will reach $3.41 trillion by 2026. She stated this at Huawei’s 20th annual Global Analyst Summit in Shenzhen, Guangdong province, where she serves as rotating chairperson.

Focus of Huawei on Digital Infrastructure

Huawei endeavors to provide digital infrastructure with the simplest possible architecture, the highest possible quality, and the best possible experience for the lowest possible price. In order to achieve this objective, the company is committed to assisting organizations go digital in four stages: digitizing operations, constructing digital platforms, enabling platform-based intelligence, and applying intelligence.

Key Insight For Digital Transformation

Meng also highlighted three key insights from nearly a decade of digital transformation experience at Huawei. She highlighted the significance of strategy, data management, and intelligence. According to her, the driving force behind any successful digital transformation must be strategy, not technology. Data governance is essential for ensuring data circulates throughout an organization, while integrating data across multiple dimensions can create even more value. Ultimately, intelligence is the goal. Utilizing intelligence makes data more accessible, simpler to comprehend, and actionable, thus advancing digital transformation.

Huawei is positioning itself as a key participant in the digital transformation industry by investing in cutting-edge technologies and providing digital infrastructure. The company intends to enable organizations to flourish in the digital future by emphasizing simplicity, quality, and cost-effectiveness.

source: ©The Asahi Shimbun via Getty Images ; CHinadaily
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