The global digital economy is growing rapidly and more than 50% of global GDP will be digitized in 2022. Many countries and regions, such as China, South Korea, and the EU, have already announced huge investment plans for the digital economy. As providers of ICT infrastructure, operators will play an increasingly important role in driving the development of the future digital economy.
Three levers to shape the future of the digital economy
During his speech, Ding explained that the vitality of the digital economy can be gauged by three factors: connection density, computing diversity and carbon reduction intensity, and that these factors give operators the leverage they need to shape the future of the digital economy.
By increasing connection density, operators can grow their 5G user base and expand their business scope. By diversifying their IT resources, operators can create synergies between connectivity and IT to drive business digitalization for new growth. In terms of carbon reduction, new green ICT solutions, such as those provided by Huawei, will increase network capacity and reduce energy consumption per bit for greener development.
5G has come a long way
The commercial rollout of 5G began two years ago, and since then the number of 5G networks, users and devices has grown rapidly. By the end of 2021, over 200 carriers have deployed commercial 5G networks, serving over 700 million 5G users. There are currently over 1,200 commercial 5G devices in use. This growing user base brings business returns to operators while driving continued network deployments.
During the event, Ding shared 5G success stories from various carriers and showed how new 5G applications such as AR, virtual reality and new video provide users with new experiences. Flexible 5G pricing models also benefit users and operators and lead to rapid growth of the 5G user base.
In China, 5GtoB private networks have been widely deployed in many industries. By the end of 2021, Huawei has signed more than 3,000 5GtoB commercial contracts with Chinese carriers and partners, gaining rich experience in industrial applications. A highlighted example was from China Inner Mongolia, where a coal mine is using 5G to remotely control mowers. Since the deployment of 5G, coal miners have been working in a safer and more comfortable environment.
Connectivity + IT for new growth
According to Ding, as more industries go digital, IT infrastructure will need to be rebuilt to drive more efficient operations. By creating synergies between IT and CT, Cloud and Edge, and Cloud and Networks, Huawei hopes to help operators go digital and intelligent and achieve new revenue growth. In Asia Pacificfor example, Huawei’s OneStorage solution helped an operator reduce TCO by 30%.
Green ICT: more bits, less watts
Green ICTs are the key to sustainable growth in the digital economy. The ICT industry provides new technologies to help other industries reduce their carbon footprint. In fact, these savings are predicted to be ten times greater than the ICT industry’s own footprint. During the forum, Ding also shared Huawei’s green strategy: More Bits, Less Watts. With its full suite of green solutions, including green site, green network, and green operation, Huawei aims to help operators increase network capacity and reduce power consumption per bit. Huawei also offered the Network Carbon Intensity Index to quantify the ICT industry’s carbon emissions and help carriers realize their green strategy.
At the end of his speech, Ding offered Huawei’s GUIDE business plan, which aims to help operators develop the five key capabilities necessary for business success: expand services, innovate efficiently, leverage resources. , compete on value and contribute to society.
MWC22 Barcelona will leave from February 28 to March 3 in Barcelona, Spain. Huawei will showcase its products and solutions at Booth 1:50 in Fira Gran Via Hall 1. Together with global carriers, industry professionals, and thought leaders, we’ll discuss topics such as industry, GUIDE to the Future and green development to imagine the future of digital networks. For more information, please visit: https://carrier.huawei.com/en/events/mwc2022.