Thursday, April 22, 2021
TechMoran
  • Startups
  • Reviews
  • Insider
    • Obituaries
  • Business
  • Women
  • Blockchain
  • Columnists
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition
  • Classifieds
No Result
View All Result
TechMoran
">
Home Columnists

Shared Prosperity Enabled by Trust in Technology & Open Collaboration-Huawei

Milcah Lukhanyu by Milcah Lukhanyu
4 months ago
in Columnists
10 min read
0

Huawei hosted its second annual TrustInTech Summit, which was attended by ICT industry experts, academia and economists from around the world. Speakers included Huawei’s Executive Director of the Board and President of the Carrier Business Group, Ryan Ding, international investor Jim Rogers, GSMA CMO Stephanie Lynch-Habib, and others.

Focusing on the new challenges the world faced in 2020, the Summit highlighted ICT’s critical role as the key digital infrastructure to support societal wellbeing and economic recovery. Given the rising trend of technology decoupling, the Summit emphasized the need to embrace open collaboration, as well as the call to defeat the unnecessary fear of adopting new technologies.

Ryan Ding, Executive Director of the Board, President of Carrier BG, Huawei

In 2020, ICT played a vital role in resuming work and production during the pandemic. Meanwhile, 2020 has witnessed the exponential growth of 5G business applications. Global consultancy firm STL Partners estimated that 5G-enabled scenarios will raise the global GDP by US$1.4 trillion by 2030.

At the Summit, STL Partners co-founder Chris Barraclough stressed the transformative role of 5G in manufacturing, energy, and healthcare sectors. Huawei Enterprise’s digital transformation expert Edwin Diender also concurred, explaining the role of how 5G, AI, big data, and cloud computing pushed for faster drug screening and diagnosis, intelligent monitoring, and remote working and education during the pandemic.

Stephanie Lynch-Habib, GSMA Chief Marketing Officer 

GSMA CMO Stephanie Lynch-Habib shared that 5G’s rollout in 2020 brought over 100 5G networks in 47 countries, and some regions are leading in making 5G a mature application. 5G will influence consumer-oriented industries such as e-commerce, as well as boosting innovative services like virtual reality and augmented reality. Standard network slicing models and edge computing will provide high reliability, low latency, high throughput, and service customization. “Our working groups are continually supporting and enhancing global standards,” stressed Lynch-Habib. 

READ  12 Amazing Tricks To Make Your Landing Page Maximally Effective

Related posts

Here are some surprising facts about Blackjack

April 21, 2021
0

Top Reasons Why You Should Work With a Seasoned Family Solicitor 

April 19, 2021
0

The unintended consequences of rewarding beg bounty hunters

April 8, 2021
0

The Unicornization of African Fintech 

April 3, 2021
0

Addressing cross-border insurance in Africa

April 1, 2021
0
Stephan Eyeson

Understanding Africa and Emerging Markets in COVID-19 : Stephan Eyeson, CEO Survey54

April 1, 2021
0

During the virtual, live streamed event, Huawei Carrier Business Group CTO Paul Scanlan called 2020 a ‘Sputnik’ moment. “Similar to how the first man-made satellite Sputnik was successfully launched in 1957, bringing humanity into the age of space exploration, as 5G matured in 2020, everything changed,” said Scanlan. “The industry began to accelerate 5G adoption, offering spectrum discounts, innovating business models, and driving industry transformation. That’s never happened in the last 10 years.”

Several guests at the event commented on early adoption and major technological breakthroughs by saying there has always been a mistrust and fear of new things. For example, during the Industrial Revolution in the 19th century, as there was fear for automated production, factories were destroyed. As the events in 2020 led to more isolation and nationalism, there’s been a rise against transnational cooperation, and more countries are closing their doors and decoupling from each other over technology.

Jim Rogers, International Investor

“Anybody taking a unilateral approach to anything, certainly to technology and economics, are going to have problems,” said international investor Jim Rogers. “Foreign policy should be around opening. We need to avoid protectionism, especially in technology.” He also said that protectionism was bad for the world as seen throughout history.

READ  Jumia launches Jumia na Krisi-Twende Ocha campaign to onboard upcountry grocery shoppers

Professor Jin Keyu of the London School of Economics also echoed during the Summit, “[In today’s world], it’s less about competition, rivalry, and substitution, and more about collaboration, complementarity, and cooperation.”

At the end of the summit, Ryan Ding, Huawei’s Executive Director of the Board and President of the Carrier Business Group, emphasized that an open and trusted ecosystem is required for everyone to share the prosperity brought by technology. To do so, the ICT industry needs to continue adopting unified technical and security standards. Given the current complex geopolitical environment, he stressed, “Politics should stay away from technical issues. We need to remain fair and open to drive technological cooperation. Industry cooperation is not a zero-sum game. If an isolated approach is adopted now, while new technology is unlocking social and business value at a faster rate, the victim will not be one company.”

Readers 771

Share

  • Click to share on Telegram (Opens in new window)
  • More
  • Click to share on Tumblr (Opens in new window)
  • Click to print (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to share on Pocket (Opens in new window)

Like this:

Like Loading...

Related

Milcah Lukhanyu

Milcah Lukhanyu

Milcah Lukhanyu covers daily news briefs at TechMoran. She is the person who will probably read your press release and get the story out of it or totally trash it. Send tips to [email protected]

Related Posts

Columnists

Here are some surprising facts about Blackjack

April 21, 2021
0
Columnists

Top Reasons Why You Should Work With a Seasoned Family Solicitor 

April 19, 2021
0
Columnists

The unintended consequences of rewarding beg bounty hunters

April 8, 2021
0
Columnists

The Unicornization of African Fintech 

April 3, 2021
0
Columnists

Addressing cross-border insurance in Africa

April 1, 2021
0
Stephan Eyeson
Columnists

Understanding Africa and Emerging Markets in COVID-19 : Stephan Eyeson, CEO Survey54

April 1, 2021
0
Columnists

Covid-19 will end but workplace culture will never be the same

March 29, 2021
0
Columnists

10 ways to tell B. Tech in Cloud Computing is the right option for you

March 24, 2021
0
Columnists

What are Comparison Websites?

March 12, 2021
0

ADVERTISEMENT

Join our Mailing List

Loading

Recent Posts

Google releases third Android 12 developer preview

April 22, 2021
Toshiba

Facebook’s Audience Insights Is Going Away Soon, But Here’s A Google Ads Alternative

April 21, 2021

Nigeria’s Klasha & SA’s Akiba Digital to Receive $200,000 from Expert DOJO International Accelerator program

April 21, 2021
hand holding smartphone and finger tapping on the screen

5 Common Legal Risks of Smartphone at Work

April 21, 2021

Samsung’s 65’ Frame TV now available in Kenya for Ksh 239,995

April 21, 2021
">
">

Follow Us

">

There are many sites out there focused on blowing off some steam, from funny entertainment to thrilling experiences like playing online, in some cases online gaming could grant you the chance to win extra money. We came across rocketpot.io while browsing for a good btc casino online and it left us a very good impression with their wide variety of games and crypto offering.

Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here: Cookie Policy

© 2019 Moran Media Group - All rights reserved TechMoran.

No Result
View All Result
  • Startups
  • Reviews
  • Insider
    • Obituaries
  • Business
  • Women
  • Blockchain
  • Columnists
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition
  • Classifieds

© 2019 Moran Media Group - All rights reserved TechMoran.

Login to your account below

Forgotten Password? Sign Up

Fill the forms bellow to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
%d bloggers like this: