Page 23 - SAMENA Trends - May-June 2023

LEADERS' SUMMIT 2023 SAMENA TRENDS

Huawei MECA President at SAMENA Council Leaders’ Summit 2023 Stress-
es that Thriving Digital Economy Depends on Sustainable Connectivity and

a Large Pool of Skilled Local Talent

In his opening keynote at the SAMENA
Leaders’ Summit, where the leading
telecom and ICT leaders in the region
gathered, Steven Yi, President of Huawei
Middle East and Central Asia, addressed the
audience with futuristic but also pragmatic
ICT industry viewpoint, reflecting on the
company sustainable approach – Thriving
Digital Economy Depends on Sustainable
Connectivity. He reiterated that the Gulf
countries continue to lead the global
5G deployment and commercialization
and offer a fertile environment for the
development of 5.5G.

Steven said: “It is widely acknowledged
that the digital economy plays a pivotal
role in driving global economic growth. AI
as the key technology, will help to build an
intelligent world and boost digital economic
progress. The rapid rise of AI technology “It is widely acknowledged that the digital economy
has significantly increased computing
power demand. To train and increase plays a pivotal role in driving global economic growth.
accuracy, AI systems need large volumes AI as the key technology, will help to build an intelligent
of data, which must be transmitted rapidly,
processed efficiently, and stored safely.” world and boost digital economic progress. The rapid
rise of AI technology has significantly increased
It is estimated that by 2030, the thriving
digital economy could be worth 30 trillion computing power demand. To train and increase
dollars. Huawei believes that sustainable accuracy, AI systems need large volumes of data, which
digital economic growth will be based
on three powers, the transmission power must be transmitted rapidly, processed efficiently, and
that can support over 200 billion global stored safely.”
connections, the computing power that can
meet 500 times increased AI computing Steven Yi, President of Huawei Middle East and Central Asia
demands, and the storage power that
can store an impressive 1 Yottabyte (a connectivity infrastructure can bridge the evolving connectivity infrastructure,
quadrillion Gigabytes) of data yearly. digital divide and unlock digital economy adopting the latest technologies in the 5.5G
He stressed that building these three benefits,” Steven added. era, enabling 10Giga bits per second speed
powers involves continuous investment everywhere, supporting all scenario IoT,
in connectivity infrastructure, green He highlighted that 5G is a prime example and integrating sensing communication.
deployment and local digital talents. of a connectivity technology that can deliver Continuous evolution to the 5.5G era is
significant social, industrial, economic, and the way to ensure that the infrastructure
“Today's connected world demands sustainability benefits. There are already will meet demands for a more immersive
network connectivity investment. These 17 commercial 5G networks within the experience and unleash the potential
networks are essential in connecting Middle East region, and coverage reaches powers for sustainable digital economic
people with people, people with things, 45 million population. He stressed that growth.
things with things, and transmitting while GCC countries led the global 5G
data rapidly and accurately. Advanced deployment wave, it is essential to continue

23 MAY-JUNE 2023