News | Telefonica Tech’s Growth of Digital Development of the Industrial Sector | Pipeline Publishing – Pipeline Magazine

Geprom has over 40 p• This
acquisition is a further step in Telefónica Tech’s organic and inorganic growth
plan to consolidate its position as the leading company in digital
transformation. This acquisition is a further step in Telefónica Tech’s organic
and inorganic growth plan to consolidate its position as the leading company in
digital transformation.

Telefónica Tech continues
its growth story by announcing the signing of a contract for the
acquisition of Geprom, a technology-based engineering company headquartered in
Spain specialising in industrial automation and the digital transformation of
existing factory production processes. With this transaction, Telefónica Tech
will strengthen the capabilities of its Internet of Things (IoT) and Big Data
division, led by Gonzalo Martín-Villa, and will enhance the company’s
positioning in the key industrial sector.

Geprom has over 40 professional experts in
Industry and has a strong network of partners and top-tier customers that it
accompanies in the development and integration of turnkey projects in the areas
of planning, production, quality control, logistics and specialised

Its business focuses on the implementation
of end-to-end technological solutions in the factory, covering the entire value
chain: from the sensor, the automation line operator, to the strategic layers
of factory control (MOM) or disruptive tools such as the digital twin, through
to the design and robotisation of facilities, commissioning, development and
the interconnection between systems with a strong component of innovation.

The digital development of the industrial
sector is one of Telefónica Tech’s priority business lines, with a portfolio of
high value-added products and services that encompasses not only the
sensorisation and analysis of data to create truly connected factories, but
also the application of cloud technologies, artificial intelligence and cyber
security services to help companies become more efficient, competitive and

“The acquisition of Geprom will allow us to
enhance and increase our capabilities and offer a more complete and innovative
service for the digital transformation of the industrial sector. At Telefónica
Tech we have a portfolio of services focused on the digitalisation and security
of Industry, which will undoubtedly be boosted by the increased deployment of
5G,” says Gonzalo Martín-Villa, CEO of IoT and Big Data at Telefónica Tech.

“We have always believed that the success of
the digital transformation of industry starts with focusing on the
technological needs of the factory combined with the talent of the people. This
transaction will allow us to accompany customers towards the Smart Factory with
more capabilities and services, by combining our expertise in Industry with
Telefónica Tech’s extensive value proposition and experience in this sector in
areas such as connectivity, communications and infrastructure, key services to
ensure the digital transformation of industry”, explains Darío Cesena, CEO of

Telefónica Tech closed the first nine months
of the year with a 25.5% increase in revenues and expects to continue with
double-digit growth thanks to the opportunity represented by the Telefónica
Group’s more than 5.5 million B2B customers.

A growth story

The acquisition of Geprom is a further step
in the organic and inorganic growth plan that Telefónica Tech set itself
following its creation in November 2019 to consolidate its position as the
leading company in digital transformation.

Since then, Telefónica Tech has been expanding its portfolio with new
Cloud, Cyber Security, Internet of Things (IoT), Big Data and Blockchain
services and products, and it has made strategic acquisitions to consolidate
its leadership. So far this year, Telefónica Tech has acquired Cancom UK&I (now Telefónica Tech UK&I) for €398 million, a company with 600 professionals that is accredited
as a Microsoft Gold Partner in nine disciplines and offers professional and
managed services in advanced IT, Cyber Security and Multicloud solutions.

Earlier in the year, it bought Altostratus , specialising in multicloud services and a
Google Cloud Premier Partner for southern Europe, and it integrated acens, the cloud services company for SMEs that
has belonged to the Telefónica Group since 2011.

Source: Telefonica Tech media announcement

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