Huawei joins race to pour money into the cloud - Bain & Company

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The Wall Street Journal

Huawei joins race to pour money into the cloud

  • October 19, 2015
  • min read

The Wall Street Journal

Huawei joins race to pour money into the cloud

Over the past several months, China's biggest technology companies have announced large investments in cloud computing. Tech companies see huge opportunities because China's cloud-computing market is growing fast. A July report from Bain & Company forecast cloud-related spending could reach $20 billion by 2020, from $1.5 billion in 2013.