Huawei Eyes Storage Market, After Buyout of Joint Venture With Symantec - mahaffeymersed

China's Huawei Technologies wants to take a large bite out of the enterprise market with a wider range of computer storage products, months after the company completed an acquisition of its shared venture with U.S. firm Symantec.

Huawei is best legendary atomic number 3 supplier of networking equipment to many of the world's telecommunication carriers. Simply the accompany also wants to make a identify for itself, with storage and server products, given the rise growth of data driven Net and mobile services across all businesses.

"Our business concern is changing, and our customers' needs are changing. We need to enter these markets," said Jeff Jiang, director for Huawei's storage marketing in an question last week.

Huawei, however, leave equal selling its products without the help of Symantec and its brand. Antecedently the two companies had established a articulate venture in 2008, to sell repositing systems worldwide, including Northeasterly United States of America. But earlier this year, Huawei completed an acquisition to buy come out the repose of the joint venture.

The deal was made and so that Huawei could wagerer bundle its products together, by including networking, servers, and storage systems, to meet all the information needs of its customers, Jiang same. "Huawei needed to be able to provide a total solution for its customers," he added.

This twelvemonth, Huawei added an additive 1000 research and development staff to its storage products. In September, the companion plans to announce larger scale storage systems.

Jiang boost same Huawei is heading in the commission of offering a public dapple, but declined to offer details. Previously, Huawei has said information technology is researching technology to provide free cloud storage to its customers.

For storage, Huawei's main market has been in China. The company passed Hewlett-Packard in last twelvemonth's first half to become the country's third largest external controller-founded storage marketer with an 11 per centum market share, according to enquiry firm Gartner.

But out of doors of Asia, the company's storage systems had gained only 0.9 pct market divvy up by the first half of last year.

To lucubrate, Huawei faces the challenge of raising its mark awareness piece competing against major rivals HP and IBM, same Gartner analyst Jimmie Yangtze. "Symantec helped heave Huawei's credibility. So now Huawei will have to invest in up its post," he said.

At the same time, Huawei has also been forced to deal with national security concerns in the U.S., stemming from allegations that the company has close ties to China's bailiwick. This caused Huawei's joint venture with Symantec to subsequently abandon the Frederick North American grocery store, accordant to Chang.

Huawei did not immediately respond for scuttlebutt on its storage business organisatio for Northeastward US.

The Formosan company, however, has seen success in selling its storage systems to its home country and other emerging markets, some of which wealthy person shown rapid growth with data center needs, reported to Chang. By providing bundled products, that include servers, networking and storage, Huawei will be healthy to reduce costs, and offer better pricing to its customers, he added.

"Huawei has done well working with its customers in China and developing countries," he said. "I think they can have a lot of influence."

Source: https://www.pcworld.com/article/459879/huawei_eyes_storage_market_after_buy_out_of_joint_venture_with_symantec.html

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