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Huawei invests $1 billion in digital transformation

Story from: CAJ News Africa

digital-transformation-boomBy MTHULISI SIBANDA in Cape Town
CAPE TOWN, (CAJ News) – HUAWEI plans to invest US$1 billion in the next three years for the development of digitisation solutions.
The global information and communications telecommunications solutions provider stated it had already seen the benefits in research and
development (R&D), supply chain and delivery.
Huawei’s announcement follows the conclusion of the AfricaCom 2017 in Cape Town, South Africa.
At the event, Huawei executives said digital transformation should be geared towards creating long term strategic value both for telecommunications operators its customers.
The Chinese headquartered company has engaged African operators on the subject.
Steven Zheng, Chief Marketing Officer Global Services of Huawei, speaking at the telecoms industry Operation Transformation Forum, said as global
voice revenue and growth declined, data and digital services were now driving revenue growth.
“Digital operations transformation is crucial for operators’ business growth and evolution and digital operation transformation must return to
the commercial nature, what specific problems to be solved and what value to be delivered,” Zheng said.
The Operation Transformation Forum themed “Enable new growth by Operation Transformation” attracted over 50 industry analysts and operators.
Huawei has identified key elements for Digital Operations Transformation to be a set of Industry-based best practices and methodologies, open
industry reference models and a series of executable targets.
The company has developed a set of effective digital transformation methodologies and solutions which are aimed at assisting operators.
The key benefits are geared towards releasing network value, improving subscriber loyalty, optimizing operating efficiency and accelerating
digital operation transformation.
CAJ News

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