H3C lands in Pakistan, to explore local opportunities

3 mins read
H3C lands in Pakistan, to explore local opportunities

The H3C Group, a leading Chinese digital solutions provider, ready to explore Pakistani market for investment and business, after the opening ceremony with Federal Minister for Information Technology and Telecommunication Dr Khalid Maqbool Siddiqui who said that his ministry is committed to digitally transforming the country into a knowledge-based economy.

The Chinese firm manages and provides services in data centers for famous IT firms globally. The company provides a full range of services including computing, networking, storage, security under one roof of its digital solutions infrastructure. The firm provide digital platform solutions including, cloud computing, big data, edge computing, big security, big interconnectivity, big surveillance, artificial intelligence, and blockchain.

Established in 2003, the company is one of the leading digital solutions provider and a promoter of new economy. The company has been a successful technology player in China, it serves the government, power, energy, telecommunications, education, healthcare, manufacturing and internet.

Addressing the ceremony, Dr Khalid Maqbool Siddiqui said that the event is yet another example of the government’s business friendly policies and the ministry’s approach for attracting foreign investors in the technology sector. “I must appreciate the H3C management for realizing our potential as an emerging market and hope that it will grow its operation on strategic level,” he said.

The minister said that Pakistan possesses immense potential specially in the information communication technology (ICT) sector and companies like Huawei, ZTE, Nokia, Ericsson and Cisco have a majority of the global employees acquired from Pakistan which exactly explains the quality and ability of skilled human capital available on competitive basis for companies like H3C to utilize this potential not only for local consumption but also for its international operations.

BEST WISHES TO H3C: He said that Pakistan’s ICT sector had surpassed $10 billion mark with more than 74 million broadband users and tele density in excess of 76 percent. The reason why Pakistan is more responsive market to technological advancements is the overwhelming numbers of youth having more than 65 percent of the population between the ages of 15 and 40.

“We want all the stakeholders to play their due part in early digital inclusion and financial inclusion of the people.” At the end, the minister offered best wishes to H3C for its future endeavors in Pakistan and assured that the federal government will continue to protect and facilitate all foreign investments in the country.

Staff Writer

The Wallet Team produces these stories.

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