Huawei Cloud Releases Internet Strategy for Latin America

The Region's Fastest-growing Cloud Ushers in the Cloud Native 2.0 Era

MEDELLIN,Colombia,June 29,2022 -- Recently,Huawei Cloud hosted the COMPASS Latin America Internet Summit 2022. With the theme of Everything as a Service: Navigating New Growth,COMPASS draws inspiration from one of the four greatest inventions of ancient China. Since ancient times,the compass has been pivotal in guiding human exploration and breakthroughs in economy as well as culture. It is in line with Huawei Cloud's pursuit of charting new frontiers in Latin America's Internet industry.

For Infrastructure as a Service,Huawei Cloud and partners operate 65 availability zones (AZs) in 27 geographic regions,covering more than 170 countries and regions. Today,Huawei Cloud has three core Regions in Chile,Brazil,and Mexico,two country Regions in Argentina and Peru,and a total of eight AZs in Latin America. Huawei Cloud is the service provider of the most nodes in Latin America and stable,efficient,and low-latency services.

For Technology as a Service,Huawei Cloud has launched more than 220 cloud services and 210 solutions worldwide,serving customers,partners,and developers across industries. In Latin America,Huawei Cloud focuses on cloud native and data intelligence. It offers products and services such as K8s,DevOps,cloud native,and GaussDB,as well as ModelArts Pro,a one-stop AI development platform that supports machine learning,training,and inference.

For Expertise as a Service,Huawei Cloud dives deeper into industries such as fintech,e-commerce,logistics,entertainment multimedia,and online education. Huawei Cloud also shares its successful experience and best practices from China's Internet industry. This helps local enterprises learn from China's journey to grow more quickly with Huawei Cloud.

In 2022,Huawei Cloud will deepen cloud-cloud collaboration. Huawei Cloud will partner Internet enterprises on the capability,operation,business promotion,and content fronts. Synergy between clouds will help Internet enterprises scale new heights,while giving smaller ventures a head start in their cloud journey and agile innovation for greater success.

Fernando Liu,President of Huawei Cloud Latin America,announced Huawei Cloud's Latin America Internet strategy. He said that in the future,the growth of the Internet industry in Latin America will be driven by the fintech,online education,and entertainment industries. "Education is the cornerstone of society and it cultivates talent from various industries. E-commerce and entertainment are two major drivers of economic growth in Latin America. At the same time,fintech has become the engine of these emerging industries,making personal consumption and business transactions more convenient.

Fernando Liu summarized Huawei Cloud's strategy in Latin America into an evocative formula – E * FE3,where Everything as a Service empowers fintech,entertainment,e-commerce,and education industries. Huawei Cloud will press ahead to navigate new growth and work to contribute to a thriving Internet industry in the region.

Currently,Huawei Cloud is one of the five major clouds in the world. Its market share ranks second in China and fourth in Latin America. In addition,as one of the fastest-growing clouds in Latin America,Huawei Cloud saw a 103% increase in customers and 91% increase in partners in Latin America in 2021.

In 2022,Huawei Cloud will continue to increase investment to facilitate new growth of local Internet enterprises and bring better technologies and services to customers,furthering its pursuit of providing Everything as a Service in Latin America,for Latin America.

For more details,visit the COMPASS official website at https://www.huaweicloud.com/intl/en-us/about/miniset/cdie.html.