Huawei 2015 Annual Report Download - page 13

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Accelerating digital transformation
The extent to which a company, organization, or a country embraces digital technology will determine its future
competitiveness. This is common knowledge – if not common sense. Many countries are thus using the Internet,
cloud computing, IoT, Big Data, and other technologies to make their industries, governments, and enterprises
smarter, thereby future-proofing the competitiveness of physical industry and real economy. Digital infrastructure,
as the foundation of all these applications, is critical to their success.
In an effort to expand digital infrastructure, Huawei looks to partner up with carriers. By fully leveraging each other's
strengths in technology and services, we can set a new benchmark for public cloud services used in verticals and
large enterprises, and help carriers transform their business more efficiently. In addition, Huawei collaborates with
customers from a number of other industries, such as public security, finance, transport, energy, and manufacturing,
providing the technological foundation for their smart city, smart finance, smart transport, smart grid, and smart
manufacturing initiatives. By doing so, we enable their digital transformation and help ensure that they remain
competitive in future markets.
At Huawei, we are well aware that customers need commercially viable solutions. And when developing these
solutions, no company can meet customer needs on its own – we must join forces with industry partners to build
an open ecosystem. We continue to hold fast to our pipe strategy, focusing on ICT infrastructure development; we
will not touch applications or data. To meet these needs, we have forged extensive partnerships with consulting
firms, app developers, system integrators, and channel partners. And through this commitment to openness,
collaboration, and shared success, we will create value for our customers, enable digital transformation across all
industries, contribute to a healthy ICT ecosystem, and drive social progress.
Continuously improving corporate governance
Effective governance ensures our ability to undertake strategic initiatives and make our corporate vision a reality.
By staying customer-centric and inspiring dedication, we are making continuous improvements in our corporate
governance structure, organizations, processes, and appraisal systems. This serves to increase customer satisfaction
and helps us stay on track for long-term, positive growth. In 2015, Huawei's Board of Directors carefully reviewed
a number of important items, including the company's annual business plan and mid- to long-term development
plan, further defining our strategic objectives and key initiatives for the future.
Adhering to operational integrity and compliance
We conduct business in an ethical manner, complying with international treaties, applicable laws and regulations in
the countries where we operate. This is the cornerstone of operational compliance at Huawei, and has long been a
core belief of our management team. To ensure the integrity of our operations, we benchmark our work against best
industry practices. We integrate compliance requirements into our corporate policies, systems and processes, and
have set up professional teams to ensure that all of these requirements are met. In business areas where regulatory
compliance is especially critical, such as trade compliance (export control) and cyber security, we have established
an operational compliance system that conforms to industry standards and undergoes regular third-party audits.