Despite the existing trade tensions between China and the United States, California-based cloud software company VMware is still pushing ahead with its plans to expand its partnerships with Chinese companies to take advantage of the country's recent 5G network commercialization.
VMware plans to tap into China's massive 5G network potential, which does present numerous opportunities for cloud-focused companies worldwide. VMware Asia-Pacific and Japan senior vice-president, Duncan Hewett mentioned that China is currently at the forefront of 5G technology. For this reason, the company has shifted its focus on the Chinese market in the coming years.
VMware plans to boost its cooperation with its Chinese partners to further develop and enhance its 5G cloud platform to meet the coming demand for technology in China. Hewett added that VMware hopes to build an open and efficient cloud ecosystem with its Chinese partners to help drive the digital transformation of companies in the country.
The comments made by Hewett comes just weeks after the company announced its partnership with Asia Info Group with the building a new next-generation enterprise cloud business. Part of the collaboration will be to build around the existing open-source platform Kubernetes and to integrate it with next-generation 5G technologies.
When confronted with questions regarding concerns about the ongoing ttrade dispute between China and the United States, Hewett explained that China remains to be one of its biggest markets globally. The company apparently intends to continue to grow its investments in the country despite the current geopolitical environment.
The rapid transformation of technology and how it is impacting companies globally are apparently beyond the current political situation. The adoption of advanced technologies such as 5G and artificial intelligence will affect all industries and society will move ahead with it into new information and digitalization age.
VMware revealed that it has seen a strong willingness from Chinese companies to modernize their internal and external processes. The publicly-traded software company stated that its production should address those companies' needs as it is flexible enough to be scaled depending on the demand.
For the third quarter of its fiscal year ending in November, VMware managed to rake in revenues of around $2.46 billion. This was a 12 percent increase when compared to the same period last year. VMware stated that its performance for its latest quarter is only the beginning of its planned vision to deliver high-caliber solutions to its customers in China and the rest of the world.