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Huawei plans big leap to rank among Asia’s top cloud services providers in next three years
- Huawei’s push into the Asia-Pacific cloud services market heats up its competition with Amazon Web Services, Microsoft Azure and Alibaba Cloud
- The telecoms giant has earmarked US$100 million to encourage start-ups in the region to use its cloud services platform
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Huawei Technologies Co plans to crack the top ranks of cloud services providers in the Asia-Pacific region, as the company pivots into a growing market amid the struggles of its smartphone and network equipment businesses under US trade sanctions.
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“We are looking to become a top three cloud services provider in the Asia-Pacific in the next three years,” Zeng Xingyun, president of Huawei Cloud operations in the region, told the South China Morning Post in Hong Kong this week. “In five years or more, we aim to do even better than that.”
That ambitious goal would position Huawei, which was added to Washington’s trade blacklist in 2019, against major competitors Amazon Web Services (AWS), Microsoft Azure and e-commerce giant Alibaba Group Holding’s cloud unit – the top three infrastructure-as-a-service providers in the Asia-Pacific last year, according to data from tech research firm Gartner. Alibaba owns the Post.
Huawei Cloud was the No 2 cloud services provider in mainland China – the world’s second-largest cloud market behind the US – in the quarter ended March, with a 19.7 per cent share, according to a report by research firm Canalys in June. Alibaba Cloud continued to dominate the domestic market in the same period, with a 39.8 per cent share.
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Huawei founder on cybersecurity and maintaining key component supply chains under US sanctions
Huawei founder on cybersecurity and maintaining key component supply chains under US sanctions
Shenzhen-based Huawei on Tuesday announced that it has earmarked US$100 million to encourage start-ups in the Asia-Pacific to use its cloud computing platform.
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