By ET Bureau - June 29, 2022 3 mins read
Huawei Cloud recently hosted the COMPASS Internet Summit in Latin America. With the theme of Everything as a Service: Navigating New Growth, COMPASS (compass) is inspired by one of the four greatest inventions of ancient China . Since ancient times, the compass has been instrumental in guiding human exploration and advances in economics and culture. And it coincides with Huawei Cloud’s quest to chart new frontiers in the Latin American internet industry.
For infrastructure as a service, Huawei Cloud and its partners operate 65 Availability Zones (AZs) in 27 geographic regions, covering more than 170 countries and regions. Today, Huawei Cloud has three core regions in Chile , Brazil, and Mexico, and two nationwide regions in Argentina and Peru, with eight AZs in total in Latin America. Huawei Cloud is the service provider for most nodes in Latin America, and these services are stable, efficient, and low latency.
For technology as a service, Huawei Cloud has launched more than 220 cloud services and 210 solutions around the world, serving customers, partners, and developers from all industries. In Latin America, Huawei Cloud focuses on cloud-native technology and data intelligence. It offers products and services such as K8s, DevOps, cloud-native technology, and GaussDB, as well as ModelArts Pro, a comprehensive AI development platform that supports machine learning, training, and inference.
For experience as a service, Huawei Cloud delves into industries such as financial technology, e-commerce, logistics, multimedia entertainment, and online education. Huawei Cloud also shares its successful experience and best practices from China ‘s internet industry . This helps local businesses learn from China ‘s process to grow faster with Huawei Cloud .
In 2022, Huawei Cloud will deepen cloud-cloud collaboration. Huawei Cloud will partner with internet companies on the capacity, operation, business promotion, and content fronts. Cloud synergy will help internet businesses achieve new heights, while giving smaller startups a head start on their cloud pipeline and agile innovation for greater success.
Fernando Liu , President of Huawei Cloud Latin America , announced Huawei Cloud ‘s Internet strategy for Latin America. He pointed out that, in the future, the growth of the Internet industry in Latin America will be driven by the financial technology, online education, e-commerce and entertainment industries. “Education is the cornerstone of society and cultivates talent from various industries. E-commerce and entertainment are two of the main drivers of economic growth in Latin America. At the same time, financial technology has become the engine of these emerging industries, making personal consumption and business transactions more convenient.
Fernando Liu summed up Huawei Cloud ‘s strategy in Latin America in an evocative formula: E * FE3, where E verything as a Service empowers the fintech (financial technology), e ntertainment (entertainment) and e – commerce (electronic commerce) and e ducation (education). Huawei Cloud will continue to navigate new growth and work to contribute to a prosperous internet industry in the region.
Currently, Huawei Cloud is one of the top five clouds in the world. Its market share ranks second in China and fourth in Latin America. Additionally, as one of the fastest growing clouds in Latin America, Huawei Cloud saw 103% growth in customers and 91% growth in partners in Latin America in 2021.
In 2022, Huawei Cloud will continue to increase investment to facilitate the new growth of local internet companies and offer better technologies and services to customers, furthering their aspiration to offer everything as a service in Latin America, for Latin America.
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