|By PR Newswire||
|November 25, 2012 11:23 PM EST||
SHANGHAI, Nov. 26, 2012 /PRNewswire/ -- According to professional research and analysis on the telecom cloud market, the growth consulting company Frost & Sullivan held the award ceremony –Frost & Sullivan Best Practices Awards on November 13 and presented Huawei with "EXCELLENT TELECOM CLOUD SOLUTION PROVIDER OF THE YEAR". This award honors the company's distinguished achievements in the telecom cloud market developments.
The rapid development of cloud market is really dramatic. According to the related data provided by Frost & Sullivan, the market size in 2011 approached to 11.4 billion US dollars worldwide, increasing by 20.4% compared to 2010. The market size is forecasted to be 14 billion US dollars in 2012. As the fastest growing segment, telecom cloud market size reached 3 billion US dollars, with an annual growth rate of 21.4%. Up to the end of 2012, the market size is expected to be 3.7 billion US dollars.
Entering the field of cloud computing in 2008, Huawei is maintaining more than 10,000 dedicated R&D and service staff. As early as 2001, Huawei has started its research on servers, in which its X86 series is among the top in 81 functional criteria according to SPEC. In 2007, Huawei and Symantec established a joint venture, and in 2012, Huawei did the buy-back successfully, which greatly improved Huawei's capabilities in storage and safety. By the end of 2012, Huawei has delivered more than 260 data centers in which 35 are cloud computing data centers.
Huawei's telecom cloud solutions have also been successfully applied to many leading global operators. In cooperation with China Mobile, Huawei plans to construct the world's largest telecom cloud data center which has 1.3 million square meters for international information harbor, to centralize the telecom cloud computing operation support system of China Mobile; the cloud solutions helped Singapore-based Starhub to achieve the commercialization of public cloud service, meanwhile, they enhanced the informatization development of the Singapore government and the SMEs. Huawei provided Sinotrans, the largest Chinese integrated logistics company, with IT transformation and managed service with data center consolidation from 30 locations into 2 cloud-based data centers and reducing O&M personnel 64 to 4. The industry experience for years let Huawei have the ability to provide the end-to-end IT service and solution for operators and Huawei is truly a telecom cloud expert and practitioner recognized by the market.
- About Best Practices Awards
Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Each year, the awards Frost & Sullivan establishes are presented to the company with outstanding performance in various industries. Winners not only have strategic advantage in production innovation, but also have obtained maximum market share through effective marketing strategy in the past two or three years.
- About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation, and leadership. The company's Growth Partnership Service provides the CEO and CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages nearly 50 years of experience in partnering with Global 1000 companies, emerging businesses, and the investment community from 40 offices on 6 continents. To join our Growth Partnership, please visit http://www.frost.com.
Corporate Communications – China
SYS-CON Events announced today that SD Times | BZ Media has been named “Media Sponsor” of SYS-CON's 20th International Cloud Expo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. BZ Media LLC is a high-tech media company that produces technical conferences and expositions, and publishes a magazine, newsletters and websites in the software development, SharePoint, mobile development and commercial UAV markets.
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