Huawei's IaaS Outstanding performance, acquiring top positions in China and Global Market

Hi,

Today I am excited to share this compelling news which will keep you motivated and determined because Huawei is making history by record breaking performance.

first lets have brief introduction of Cloud infastructure.

Huawei’s Cloud Infrastructure:

China's cloud infrastructure spending has reached new heights.Since Cloud is a fundamental technology and has the capability to provide the required support for its consumer and their business. Huawei Cloud was one of the first vendors to invest in cloud-native technologies. Huawei Cloud  contributed to the establishment of the Cloud Native Computer Structure (CNCF) in 2015, and is the only founding participant as well as the first platinum member of CNCF from China.

Cloud service providers additionally played an essential part in creating digital solutions to aid organisations especially in beating difficulties produced by the Covid-19 and these relationships will cause bigger transformation tasks going forwards.

Consumption of cloud services will maintain robust growth, driven by continued expansion of online services and digitisation of processes and operations within enterprises and government organisations it will continue  In the coming year

 Market Research company Canalys Report and Figures:

Canalys is a  leading global technology market analyst firm with a definite channel focus. They provide channels and technical analysis that evaluate the market share. 

According to them Huawei was in second position with 17.4% market share in the fourth quarter, The three companies between them had 72.6% of the market,with Alibaba and Tencent being the other two.

Canalys chief analyst Matthew Ball said:

Throughout 2020, remote learning and working, as well as gaming, streaming, e-commerce, and other online services, were key areas driving consumption of cloud infrastructure services in China.

Cloud service providers were also critical in developing digital services to assist organizations in overcoming challenges caused by the Covid-19 pandemic.

According to market research firm Canalys:

• Spending on cloud infrastructure services in China increased by 62 percent in the fourth quarter of 2020 to $5.8 billion, the highest growth rate ever recorded, indicating strong demand for cloud services in the country.

• Huawei's cloud revenue increased by 168% in the last year. With a 17.4 percent market share in the fourth quarter, Huawei Cloud became China's second-largest player.

• Huawei has also risen to the top 5 of the Global Cloud Infrastructure rankings..

Amidst the Panademic China's Cloud Market has grown rapidly and it can be observed that huawei's share has increased by 68% which is so huge. which can surely predict that huawei is going to be a leader in future and Its Global Market will also be boomed.Huawei is working in good direction and it will be giant soon in global market being in top 3.

please share your views