Huawei expects rapid cloud business growth in South Africa

Huawei is seeing South Africa as a big scope for the expansion of its Cloud business. The company believes that it can increase its revenue by offering more advanced cloud solutions in the country and becoming a major tech supplier for enterprises.

According to Reuters, Huawei is aiming to increase its consumer base in South Africa for Cloud business. The OEM has been serving in the country since 2019.

Over time, it has attracted big operators and became the first global vendor to build a hyperscale cloud data center. 1000+ customers from financial services, education, telecoms, and government joined the Huawei Cloud ecosystem in South Africa.

In a recent Cloud Summit in Johannesburg, the President of Huawei Cloud Global Marketing and Sales Service – Jacqueline Shi said that the firm has well grown in the past five years. Now it aims to expand its market share to a greater extent.

Jacqueline Shi mentioned:

“With this kind of strong support from different customers, our cloud business in South Africa has increased more than 16 times over the past five years.”

Apart from the previous success, Shi added that the total revenue is still not so big. Thus, the company’s goal is to introduce more new and useful cloud solutions in the country, that can result in a larger share of the country’s cloud market.

Huawei’s cloud services are steadily becoming a major opponent for firms like Microsoft, Amazon, Google, and others in South Africa. With constant efforts, the company will increase its shares in the cloud market in the upcoming years.

Analysts reveal that South Africa will progress at a compound rate of 26% till 2028 to $6 billion. During this period, Huawei could attain more success for its Cloud business in the country.

Huawei expects rapid cloud business growth in South Africa (Image Credits: Huawei)

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