HONG KONG: Huawei Technologies unveiled on Wednesday a new database management system, in a bid to expand its enterprise business and challenge Western rivals such as Oracle Corp in China, amid growing scrutiny over its main telecom business.
Huawei is trying to grow its nascent enterprise service business, a segment accounting for around 10 per cent of its revenue, while its smartphone business continues to grow its share in a shrinking global market. "But this is changing in recent years because of the rapid growth of public cloud services, with many enterprises migrating to the cloud, they also turn to cloud-based databases."
Source: News Formal (newsformal.com)
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