Huawei Cloud boosts technology cooperation with Latin America at COMPASS Summit

Photo: Focus on Huawei: the Chinese company restructures its AI and cloud business. By: Matti Blume. Source: ActuIA.

The Huawei Cloud COMPASS Summit for Latin America, held in Shenzhen, China, brought together representatives from various Latin American countries and industries to explore cooperation opportunities in cloud technology. The event showcased Huawei Cloud鈥檚 internet solutions tailored for the Latin American market, including sectors such as media and entertainment, e-commerce, fintech, and online education. Mexican companies, such as FrameWork and Libertad Soluciones de Vida, highlighted the benefits of partnering with Chinese technology firms and expressed their confidence in the development potential in China.

Besides the above, the Scientific University of the South in Peru signed an agreement with Huawei Cloud to promote the use of cloud technology in education and academic research. This collaboration is expected to contribute to the digitalization of the education sector and provide secure and cost-effective financial solutions.

Cloud computing is becoming increasingly vital in the digital economy, and Latin America recognizes the importance of strategic collaboration with Chinese science and technology companies to drive its digital transformation and economic growth. As the global cloud computing market continues to grow, Latin America sees the strong performance of the Chinese market in this field as an opportunity to leverage technological cooperation with China and foster its own digital development in the region.

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Am茅ricaEconom铆a. Xinhua. (2023, Mayo 31). Latinoamericanos buscan Nuevas Oportunidades de Cooperaci贸n en Tecnolog铆a de la Nube china.