ZTE faces Western criticism and insists on advancing into European cloud computing market

Source: Internet
Author: User
Keywords ZTE Western European cloud computing market revenue cloud computing

In the face of the Western world's criticisms of its products ' safety, ZTE still made it clear that it would continue to expand its business and plan to launch its own services in the European market, with China Telecom also impressively listed (an energy company and internet provider). But Zhu Jinyun, general manager of ZTE's cloud computing and IT products operations, said overseas markets were a virgin territory to be developed.

In an interview with Reuters, Zhu Jinyun said he hopes to contribute around 10% of the overall revenue to ZTE through cloud computing and corporate market earnings in the current fiscal year. Last year, cloud computing revenue accounted for 8% of the company's overall revenue.

Zhu Jinyun explained: "Data privacy has become a hot topic, but we understand that each customer has their own requirements and characteristics, and therefore has been working to promote the development of monitoring programs." ”

Although he declined to further elaborate on cloud computing revenue, the ZTE executive said security concerns should not be a hindrance to revenue expectations. Zhu Jinyun commented:

"We already have about 20 years of overseas business experience, if there is a problem, we will not be able to find it." ”

As the fifth largest telecoms equipment manufacturer in the world, the overall market size will grow from $40.7 billion trillion in 2011 to Http://www.aliyun.com/zixun/aggregation/33722.html's $241 billion trillion >2020 year.

(Responsible editor: The good of the Legacy)

Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.