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On July 11th, Hyosung ITX, the group’s infromation technology unit, announced its execution of a salse business agreement with Huawei, China’s global IT equipment giant, to expedite its penetration of the Korean IT market.
Through this agreement, Hyosung ITX is no front loading its supply in all fields if IT including servers, storages, and network solutions, as an official partner of Huawei.
Now, Hyosung ITX, secures a variety of IT solutions from storages of Hitachi, wireless networks from Ruckus, and prolific technical devices from Huawei, With such line-up, Hyosung ITX can actively and promptly respond to the diverse market demands.
Both Hyosung ITX and Huawei have focused on future technologies on the horizon to enter the 4th industrial revolution including cloud, big data and IoT, both parties are anticipating a broad and strong cooperation throughout the entire field of IT with this technical alliance.
Huawei, known for its servers, storages, wired & wireless network solutions, is a strong competitor in virtualization and comprehensive management of data centers, with the potential to establish a responsive IT environment. Along with its differentiated cost competitiveness from other professional product portfolios, Huawei provides cost efficient and effective products and services.
NAM Kyeonghwan, CEO of Hyosung ITX expressed his expectations as “I am highly anticipating the synergy that Hyosung, the owner of a broad sales network and specialties in a variety of industries, and Huawei, the gobally recognized technology giant will make. By exploring potential demands through a successful partnership, we will expand our position in the IT total service market.”
Hyosung ITX is enthusiastically investing its resources on big data and artificial intelligence based businesses in response to the 4th industrial revolution. It recently launched ‘Xtrm VOC’, a solution to analyze and manage big data from consulting with customers, and is expecting to roll out a customized, virtual assistant service, ‘Chat bot,’ which provides answeres by collecting and analyzing customer data. Hyosung ITX is also widening its fields of business to the manufacturing IT industry by exhibiting an electricity substation AHMS (Asset Health Management Solution) utilizing IoT technology through a joint effort with Hyosung’s Power & Industrial Systems PG.
