Huawei, SAMENA and Telecom Operators Unite to "Stride Towards Techco1.0 Era" at B2B Innovation Summit

Dubai, UAE – October 17, 2024 – At the Huawei B2B Innovation Summit, Huawei, in collaboration with key industry partners, including the SAMENA Telecommunications Council and leading operators, announced the launch of the groundbreaking “Stride Towards Techco1.0 Era” initiative. This milestone marks a pivotal moment in the telecommunications industry, highlighting the evolution of operators from traditional Telcos to Technology Companies (Techcos), redefining both their roles and strategies in the digital era.

Allen Tang, President of Huawei MECA ICT Marketing and Solutions Sales Department_ssict_1014_571 — **Allen Tang, President of Huawei MECA ICT Marketing and Solutions Sales Department**

The Techco1.0 Era signifies a fundamental transformation, not just in technological capabilities but in the way businesses operate and deliver value. This evolution is driven by three core pillars:

Business Servitization – Any organization asset should be offered through “as-a-service” model such as Data-as-a-Service, Product-as-a-Service, and Network-as-a-Service, enabling operators to deliver customized, flexible services that empower customers to innovate, grow, and adapt in today’s digital marketplace.
Service Platformization – All services should be offered and operated on a unified digital platform. This comprehensive approach support ongoing business growth, such as precise marketing and monetization through data governance.
Platform Intelligentization – The platform should be enabled and enriched by intelligence capabilities, allowing carriers to capitalize on intelligent transformation opportunities.

Allen Tang, President of Huawei MECA ICT Marketing and Solutions Sales Department, emphasized the strategic significance of this shift, stating, “The transition from Telco to Techco is not just a technological upgrade; it’s a reimagining of strategy, services, and business operations in the digital age. We stand on the verge of a transformative future.”

As operators embrace the Techco1.0 Era, they are poised to play a central role in the global digital ecosystem, capitalizing on the opportunities of the AI revolution and transforming their networks, services, and business models to shape the future of telecommunications.