The ICT industry ought to do more to access opportunities for growth in emerging markets across the globe according to Huawei.
The multinational ICT company, which organised a Digital Transformation Forum during Mobile World Congress in Barcelona this week, is urging industry counterparts to exploit the latent potential in Africa and the emerging world where it runs its business.
nd this should be done in an all-round strategic partnership with regions in order to advance economic and social development, the tech firm says.
William Xu, Executive Director of the Board and Chief Strategy Marketing Officer of Huawei said, “By 2025, we will see 2 billion more people with mobile connections, and another 500 million broadband homes. Our commitment has always been to enable world’s operators to build roads to new growth.”
Huawei says digital infrastructure is facilitating economic growth and emerging markets are on the cusp of a major transition towards becoming digital economies.
The Global Connectivity Index (GCI), published in 2016, reported that for each GCI score point increase a country improved its innovation capacity by 2.2%, competitiveness by 2.1%, and productivity by 2.3%.
Xu elaborated on some of the ways that Huawei has capitalised on the potential of the ICT industry, untapped demographics, and national ICT strategies on the African continent specifically.