Telecommunications

Telefónica as a reference in the world of telecommunications

The concept of daily improvement is the engine of innovation. It’s a constant effort to connect people to what matters most to them. They are a source of progress and modernity. Telecommunications companies keep the world going by ensuring that nothing stops. And in Spain, Telefónica is an international leader.

The role of companies in the provision of telecommunications services has long been essential for the development of social and economic activity, and they are synonymous with progress and improvement of the quality of life of people and the environment. And like a country with a powerful transport network with varied routes, having a developed telecommunications network can boost all kinds of activities that benefit everyone. In addition, digitization is crucial for economic recovery and to tackle the problems left by the coronavirus health crisis, the consequences of which continue to affect businesses and citizens.

Companies in the telecommunications sector have a considerable specific weight in all economies, and that is why it is crucial for them to be the best in their sector, in order to continue to grow to show that what they do, they do it well. For example, in 2020, according to information compiled by the Statista portal, Movistar was among the “10 most valuable telecommunications brands in the world”, with the American company AT&T at the top of the ranking, holding a brand value of more than 100 billions of dollars. Second place went to Verizon, also from the United States, with a value of around $95 billion. The Spanish operator has joined this great club alongside other major operators such as Xfinity, Deutsche Telekom, China Mobile and Vodafone.

Estimated in Europe

In 2019, the Spanish company has become the most valued European telecommunications operator by executives, according to Fortune magazine’s annual ranking of the “World’s Most Admired Companies”. The prestigious publication lists the most admired companies in the world based on their reputation.

In the sector, Telefónica ranks third, just behind the North American companies of AT&T and Verizon, and is the only Spanish company from all sectors to be included in the prestigious list. The carrier ranked ahead of its direct competitors in the markets where it operates.

Leader in security services

For its part, Telefónica Tech has been recognized as a leader in the IDC MarketScape analysis of managed security service (MSS) providers in Europe. The IDC MarketScape: European Managed Security Services 2022 Vendor Assessment report assesses companies in the managed security market on their ability to meet the changing needs of MSS customers in the short and long term.

This recognition is the result of the intelligent managed security service provider’s continued commitment to the strategic development of managed security services and the trust its customers place in it by choosing it to rapidly execute their digital transformation plans, thereby protecting their activities.

Telefónica as IoT Connectivity Benchmark in the Magic Quadrant

Additionally, for the eighth consecutive year, the Spanish operator has been recognized as a Leader in the 2022 Gartner Magic Quadrant for Managed IoT (Internet of Things) Connectivity Services Worldwide. The Gartner report, which analyzes the execution and vision of players in the global IoT market, values ​​the strong local presence and market power of Telefónica Tech. The market also positively appreciates the company’s commitment to the development of platforms, such as Kite, a globally deployed platform hosted in the cloud to guarantee accessibility at any time and from anywhere. anywhere via web or API.

The company currently has over 40 million IoT connections worldwide and continues to grow strongly with new Internet access technologies such as NB-IoT. In addition to having sufficient capabilities to provide quality service, it has also created an effective combination of connectivity platforms and other IoT and Big Data solutions with the professional talent required to provide the necessary support.

Assets against climate change

By including its value chain among its commitments to achieve net zero emissions, it joined the Supplier Engagement Ranking 2021 as a global reference for its actions against climate change. This leadership is reflected in its goals, given its plans to reduce its value chain emissions by 39% from 2016 levels by 2025 and achieve net zero emissions by 2040. To date, it has already achieved a reduction of 27.4% in this regard.

This ranking is made up of 520 companies and assesses the effectiveness of companies according to the involvement of their supply chains in terms of climate change. Telefónica has had a climate change office for 16 years and participates in the 1.5°C Supply Chain Leaders initiative, which advocates for the reduction of emissions from SMEs, among many other actions with which it contributes to the protection of the environment.

The best team

A company is an example of leadership when it is aware that its greatest asset is its human capital. Taking care of the people who make up a company is crucial for attracting talent and directing all this capacity towards the offer of innovative solutions and the trust of both customers on all sides and employees.

Diversity management enriches organizations and it is difficult to quantify how much it brings to work environments. In 2020, the Federación Estatal de Lesbianas, Gais, Trans y Bisexuales, FELGTB (Spanish National Federation of Lesbians, Gays, Transsexuals and Bisexuals) had already designated Telefónica as a reference and as one of the 15 companies with the best inclusion policies concerning sexual and love orientation and gender diversity in Spain in its EMIDIS report. The carrier has also been recognized as one of the 25 most diverse and inclusive companies in the world, according to the D&I Index compiled by Refinitiv, which includes a total of 100 companies.

The challenge: technology at the service of people

Telefónica is currently present in 13 countries and is one of the leading companies in the global telecommunications sector. Germany, UK, Brazil and Latin American countries like Argentina, Chile, Mexico, Uruguay and Central America.

The future is in digitalization and 5G is an essential tool to achieve this. The technology company has been a pioneer in the development of a next-generation fiber deployment and management model and has succeeded in revolutionizing the life of the country thanks also to the collaboration with its strategic partners. The arrival of 5G in important sectors such as industry, health and education already demonstrates that connectivity is necessary for further progress.

And the support that the 5G network offers other technologies such as Big Data, Internet of Things, Edge Computing, Blockchain and Cybersecurity is the ingredient for continued growth. And the challenge, as a company, is to bring all these innovations not only to small businesses, but also to citizens, and thus bring technology closer to people.