- The new agreement covers the development of new solutions and extends their commercialization to the international arena.
- It will allow the IoT & Big Data unit of Telefónica Tech to strengthen the proposal of automation of planning systems, production control, quality, logistics and maintenance within the Connected Industry 4.0 as well as adding to the current portfolio of value-added services such as the digital twin, predictive maintenance and blockchain.
- Geprom, for its part, is strengthening its relationship with Telefónica Group, and developing new capacities, maximising the competitiveness and efficiency that the era of digitalisation offers.
Madrid, December 17th 2020 – Telefónica Tech and Geprom Connecting Industries, a Spanish technology-based engineering company specialised in the field of industrial automation and digital transformation, today announced a global commercial agreement to extend their collaboration in developing and commercialising new automation, control and process monitoring solutions in the connected industrial environment.
These solutions help companies to manage production in real time, carry out advanced planning and programming of activities, ensure the quality of manufactured products, control assets and production efficiency. At the same time, they allow to control the logistic and warehouse processes in a totally digital, safe and sustainable way, contributing to the generation of new business models. The current Covid-19 pandemic has made it more evident that in order to maintain business competitiveness, it is increasingly important to optimise processes and maximise productivity through digital transformation. Furthermore, with this new agreement, the portfolio of solutions is extended with new value-added services such as the digital twin, predictive maintenance and blockchain, technologies which are increasingly in demand for the optimisation of production processes after the current health crisis.
The solutions developed by Telefónica Tech together withpartners The solutions developed by Telefónica Tech together with partners such as Geprom facilitate the path to the factory without cables, improving the mobility and adaptability of the production processes in all sectors, thanks to the use of 5G cellular technology and IoT sensors. In addition, the low operating latency of these networks, the convergence of all the management, control and production execution systems, and the integration of all the data sources on a single platform, facilitate real-time decision-making and unify the production process.
The collection of information in real time also allows for advanced analysis, applying all the capabilities of Big Data and Artificial Intelligence in a predictive manner. Additionally, the integration of Blockchain’s capacities allows for traceability of the whole productive process among multiple actors. In this way, the immutability and irrefutability of the data is guaranteed as well as its transparency and security. These functionalities will allow the integration of the so-called smart contracts,a type of contract facilitated by the Blockchain that eliminates intermediaries and contributes to simplifying the processes and digitally strengthening the relationship between companies.
“This agreement allows us to expand our capacities in the industrial sector, where every day our customers request integrated solutions with our IoT industrial networks, thus being able to offer an integral service and help them in their digitalization and evolution process to the 4.0 Industry, together with partners such as Geprom”, says Elena Gil, Operations and Product Manager in the IoT and Big Data unit at Telefónica Tech.
“With this international collaboration agreement, we continue to make progress in offering a differential value proposal in the market, so that companies have a wide range of solutions, products and services to ensure that their processes adapt to the permanent change required by the digital transformation that we are currently experiencing” . says Dario Cesena Forcada, CEO of Geprom.
Telefónica and Geprom have been collaborating for the last few years offering industrial digitalization solutions in Spain. The new agreement increases the geographical scope of their collaboration and strengthens the product portfolio.
Telefónica is one of the largest telecommunications service providers in the world. The company offers fixed and mobile connectivity, as well as a wide range of digital services for residential and business customers. With 342 million customers, Telefónica operates in Europe and Latin America. Telefónica is a 100% listed company and its shares are traded on the Spanish, New York and Lima stock exchanges.
For more information about Telefónica:www.telefonica.com
About Geprom connecting industries
Geprom is a technology-based engineering company specialised in the field of industrial automation and digital transformation, developing and integrating turnkey projects in the areas of planning, production, quality, logistics and maintenance within Industry 4.0. It has offices in Spain and Mexico, and projects executed for both SMEs and large corporations in the most demanding industrial sectors.