Over 500 industry analysts, media representatives, and opinion leaders across a range of disciplines gathered in Shenzhen for the 14th annual Huawei Global Analyst Summit (HAS).

Hosted by leading global information and communications (ICT) solutions provider, Huawei Technologies, the analyst summit held recently highlighted Huawei’s latest innovations, business practices, and solutions in domains like cloud services, video, the Internet of Things (IoT), AI, and digital transformation. Huawei will also take this opportunity to discuss its strategy in these domains.

Eric Xu, Huawei’s Rotating CEO, opened the summit with an in-depth overview of the company’s strategy.

“The journey to an intelligent world has already begun,” he said. “Many years of exploration and innovation in technology are driving industry development, presenting huge business opportunities. Huawei will remain committed to building more connections, enlarging data pipes, and driving digital transformation. By focusing on ICT infrastructure and smart devices, we will enable this intelligent world and drive its ongoing progress.”

Xu went on to discuss how providing cloud services has already become a basic business model. “Beginning in 2017, Huawei will focus on public cloud services. We will invest heavily in building an open and trusted public cloud platform, which will be the foundation of a Huawei Cloud Family. This family will include public clouds we develop together with operators, and public clouds that we operate on our own.”

William Xu, executive director and chief strategy marketing officer at Huawei, expanded on Eric’s keynote to discuss new opportunities brought about by digital transformation. “Digital transformation opens up immense new potential for value-driven growth in traditional industries,” he said. “Naturally, industries are eager to tap into this potential. According to findings from the 2017 Global Connectivity Index, digitization is gaining momentum around the globe. Investment in cloud computing is ramping up on a regional and national scale, and the cloud is seeing broader application. This will help industries go digital—and fast.”

William Xu noted that ICT infrastructure is an important pillar of national economic growth, and that the cloud in particular is key to unleashing the power of connectivity.

For this reason, Huawei recommends that countries and industries turn their attention to digital transformation as a driver for growth, and pursue greater development and investment opportunities in emerging fields like cloud computing, IoT, and big data in order to reap the benefits of technological development.

In his presentation, Ryan Ding, executive director and president of Products & Solutions at Huawei, reminded attendees that “during last year’s summit, we made a commitment to advocate, promote, and lead the All-Cloud evolution. We have done this, and have now shifted our focus to getting All-Cloud off the ground and driving commercialization. Beyond this, as we stand at the edge of a trillion-dollar video market, Huawei is also positioning itself as an enabler of operator and vertical success in their video businesses. Our All-Cloud and video strategies require the support of a symbiotic ecosystem. Huawei welcomes partners with open arms to collaboratively push for new growth in the ICT industry ecosystem.”

Huawei said it adheres to principles of openness, collaboration, and shared success across the ecosystem. The company has doubled down on its commitment to customer-centricity, and over the past few years has stepped up its efforts to develop and invest in industry alliances, business alliances, open source communities, and developer platforms.

Huawei’s goal is to help each of its partners maximize the potential of their unique strengths, thereby growing the industry and cultivating a sustainable, symbiotic ecosystem.

Ryan Ding, Huawei’s President of Product & Solutions, sums up Huawei’s strategy for implementing All-Cloud, enabling video, and building the industry ecosystem