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Huawei's enterprise IT revenues grew 44 percent year-on-year

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April 4, 2016

Huawei said today that it grew its enterprise IT revenues 44 percent year-on-year to $4.3 billion in the last twelve months.

The company added that its “enterprise business experienced rapid growth in the public security, finance, transportation and energy sectors.”

Specifically, it says it achieved explosive growth in FusionStorage, its distributed software-defined storage system that supports classification, encryption, and deduplication.

Overall, the system has been widely applied in public cloud data centres, and system capacity ranked first in the industry, the company asserted.

Huawei's 2015 annual report said it wanted “to lead the transformation of enterprise IT towards cloud architecture, and the transformation of enterprise networks towards SDN.

Huawei invested about 15 percent of its annual revenue in R&D in 2015. It has about 79,000 people working in R&D. It has some 170,000 employees overall and is fully-owned by its employees, not outside shareholders.

It has been involved in the construction of more than 660 data centres, which include 255 cloud data centres. Huawei is seeing huge opportunities for its business over the next few years.

It sees tremendous growth in video traffic across networks, with more than 70 percent of today’s traffic being video.

Huawei says streaming movies will involve enormous data traffic that could break today’s networks.

The Internet of Things is another opportunity it’s going after, Huawei saying-- “Currently, about 99 percent of devices with sensors are not connected to the Internet. Therefore, our top priority will be to enhance connectivity, and Narrowband Internet of Things (NB-IoT) is the core technology that will support these massive numbers of connections between things.”

Huawei is also knocking on the American domestic market’s door. Assessing its size and influence based on its U.S. market presence alone would be a mistake. Huawei is only going to get bigger and stronger, some say.

Source: Huawei.

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