Key Points
SHENZHEN, China, April 20 (Reuters) - China's Huawei Technologies (HWT.UL) said on Thursday it is replacing internal software management systems it once sourced from U.S. vendors with its own in-house version, hailing it as a victory over U.S. curbs that once threatened its survival...
Huawei held an internal ceremony to celebrate the switch to its own 'MetaERP' (enterprise resource planning system) in Dongguan, south China on Thursday, attended by the Huawei's rotating Chairperson Meng Wanzhou, the daughter of the company's founder Ren Zhengfei...
"We were cut off from the old ERP system and other core operation and management systems three years ago," said Tao Jingwen, a Huawei board member and president of its quality, business process and IT management department...
While Tao's speech did not mention if Huawei intended to commercialise its ERP system and compete with the likes of Oracle and SAP, it provides a potential new business line for the company which has been expanding into areas in a bid to survive under U.S. pressure...
Huawei's 'meta-ERP' system is a 'cloud-native' product, which uses the company's cloud-computing systems for greater efficiency than traditional ERP products, the person said.. While the older system was like "a massive old building in disrepair," the new system has been fully tested and is processing 15 million lines of accounting entries daily, Tao said.. Our Standards: The Thomson Reuters Trust Principles..
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