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Embrace digital or risk losing out speeding up digital transformation is a priority for today’s enterprise

Whether it's paving the way to self-driving cars or diagnosing diseases faster than ever before, digital disruption is enabling an intelligent society. By integrating the physical and digital worlds, it is changing the way we work and live, and will continue to do so in the coming years.

In this rapidly evolving landscape, digital transformation is no longer an option, but a necessity for enterprises to survive and prosper. Those that embrace digital by overhauling business processes are winning, while those that try to compete through traditional business methods risk being left behind and becoming irrelevant.

Enterprises in industries such as retail, travel and media are at the forefront of digital transformation. They are embracing leading new information and communications technology (ICT) such as artificial intelligence (AI), big data, cloud computing, internet of things (IoT), robotics and more, to increase their operational agility and meet customer needs in innovative new ways. Leading companies in traditional industries such as manufacturing, financial services, energy and agriculture are also moving in this direction.

However, many enterprises in traditional industries are lagging behind. These companies, often with a risk-averse culture, do not feel the urgency to compete differently, despite global consumers embracing digital technologies for more than a decade. They do not view digital transformation as a long-term strategy and many lack the technological capabilities and digital talent to transform.

Every industry faces disruption and for any company, there is no time for hesitation. Enterprises must embrace the digital world to compete, or risk losing out.

Digital transformation imperatives

There are three core imperatives to accelerating digital transformation:

  1. Digital transformation needs to be part of a company's central business strategy. Digitalization cannot simply be an add-on feature, it needs to underpin an organization's entire business model to achieve a new level of performance and customer engagement.
  2. Enterprises need a digital transformation platform that connects intelligence, data, and devices, enabling them to re-invent major portions of their business and drive a competitive advantage.
  3. Enterprises need to collaborate in a digital ecosystem with that facilitates industry leading partnerships and innovative initiatives that help them overcome challenges and constraints to embrace digital change.

Fortune Global 500 trendsetters in digital transformation

Navigating the complexity of digital business and the fast-changing digital business landscape cannot be done alone. Enterprises need to partner with established technology leaders such as Huawei, which collaborates with its partners to deliver industry-leading new ICT solutions that help enterprises on their transformation journeys. Enterprises need to partner with established technology leaders such as Huawei to help them on their transformation journey. Huawei collaborates with its partners to deliver industry-leading new ICT solutions that are critical to any digital transformation.

Today, 197 companies on the Fortune Global 500 list including Volkswagen, Honeywell, GE, ABB, Intel, and Sony, have chosen Huawei as their partner for digital transformation with 45 of those among the top 100 enterprises.

Huawei provides the entire ICT infrastructure across cloud, pipe and device components that enables these Fortune Global 500 enterprises to build open, flexible, resilient and secure digital platforms. With 30 years of experience, Huawei has gained a deep understanding of how cloud, pipe, and device components must be coordinated to operate with the greatest efficiency.

Adopting this complete cycle is crucial for effective transformation as the cloud depends on robust connectivity to receive data that has been gathered from devices, and devices depend on connectivity and the cloud to analyze data and provide actionable intelligence. It is only when there is smooth and seamless data flow and analysis in the digital world that the physical world can be more intelligent.

In addition, through initiatives such Huawei's 13 OpenLabs around the world and with more than 600 partners developing tools, services and platforms for digital transformation across the global economy, these companies are part of a thriving ICT ecosystem driving symbiotic alliances and continuous innovation to accelerate digital transformation.

Digital transformation success creates new possibilities

Collaboration of this nature is driving bold innovation and customer-centric ICT solutions that are enabling enterprises to transform themselves for future success.

These companies have embraced Huawei's integrated new ICT solutions to enable intelligent cities, digitized banks, smart grids, smart transportation, and smart manufacturing.

A notable example is Schindler's deployment of Huawei and GE's Industrial Cloud-Based Predictive Maintenance Solution. The cloud-based solution seamlessly integrates IoT technologies to enable rapid end-to-end connectivity between industrial assets and cloud applications, allowing real-time machine health monitoring, data analysis and perception, and smart maintenance decision-making.

Schindler, a global leader of elevators and escalators, is using the solution to centrally connect and manage its millions of elevators worldwide. This reduces the need for physical inspections, which in turn significantly reduces equipment maintenance costs. Ultimately, this solution improved service reliability by reducing downtime, which will benefit billions of people around the world who use Schindler elevators and escalators every day.

Another example is Deutsche Post DHL, a world-leading mail and logistics company, which is working with Huawei to reduce power consumption through the use of IoT technology based on cellular networks to connect many geographically dispersed devices with the lowest power consumption. This technology provides critical data and visibility for warehouse operations, freight transportation, and last-mile delivery, and improves network connectivity, enabling converged logistics value chains.

These are just two examples of how Fortune Global 500 enterprises are working with Huawei to drive digital transformation. Digitalization must be part of every enterprise's strategy, as their survival may depend on it. Huawei, together with its partners, are providing the entire ICT infrastructure across cloud-pipe-device as well as the expertise to help enterprises accelerate digital transformation and create value for their customers in a digital-first world. For more success stories, please visit: http://e.huawei.com/topic/leading-new-ict-en/

About Huawei

Huawei is a leading global information and communications technology (ICT) solutions provider. Our aim is to enrich life and improve efficiency through a better connected world, acting as a responsible corporate citizen, innovative enabler for the information society, and collaborative contributor to the industry. Driven by customer-centric innovation and open partnerships, Huawei has established an end-to-end ICT solutions portfolio that gives customers competitive advantages in telecom and enterprise networks, devices and cloud computing. Huawei’s 180,000 employees worldwide are committed to creating maximum value for telecom operators, enterprises and consumers. Our innovative ICT solutions, products and services are used in more than 170 countries and regions, serving over one-third of the world’s population. Founded in 1987, Huawei is a private company fully owned by its employees.

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