Joe So, CTO, global industry solutions, Huawei Enterprise Business Group
Huawei Australia CEO, Zhao (James) Xichu took to the stage to update Huawei's partners and customers on the state of the business, which boasted $US46.5bn in revenues in 2014.
That number already looks like it will be surpassed in 2015: this year the company has recorded $US28.3bn in revenues, up 30 per cent year-on-year.
Zhao told attendees that the Chinese telecommunications giant is spending 10 per cent of its sales revenue on R&D and innovation, and has 80,000 employees dedicating their time to the task, with 3442 new patents filed.
The company is focusing on five key areas for 2015: datacentres, Cloud, business analytics, broadband and the Internet of Things, across the private and public sectors.
"We want to efficiently transform their economies for the digital age," he said.
By 2025 there will be some $US100bn spent on IoT, 35 per cent of which will come from business alone.
As part of these five focuses, the company will be sticking to its guns and utilising open standards.
"The development of networks has helped to advance social progress. Open networks have encouraged information flow and sharing, provided more opportunities for innovations, lowered the costs of innovation, and has helped improve the world's health, wealth and prosperity," he said.
The company is also dedicated to cybersecurity, a key concern with the Cloud, Big Data and IoT taking off faster than expected.
The company has been a key partner building the National Cybersecurity Centre in London and in Hanover, Germany. The company is currently working to build a simular cybersecurity evaluation centre in Australia, despite recent questionable spying claims by successive Australian governments.
"Cyber security is not a single country or specific company issue. All stakeholders -- governments and industry alike -- need to recognise that cyber security is a shared global problem requiring risk-based approaches, best practices and international cooperation to address the challenge," he said.
"This is a continual effort, and Huawei is committed to providing best-in-class products and services to meet the needs of our customers. We take cyber security seriously and have invested substantial resources into our efforts to promote and improve the ability of our company, our peers and others to provide the best-possible security assurance and ensure a safer and more secure cyber world for all."
Zhao was followed onstage by Jie So, CTO, global industry solutions, Huawei Enterprise Business Group. So outlined the rapid changes that are overwhelming the industry, namely that technology is now business and outcome driven.
"It's different today compared to the past. ICT is no longer process driven, its a complete revolution."
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