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Telefonica Among Top 4 Leaders in IoT market according to Recently Released Report by Transforma Insights

October 27, 2020 / Bhushan Salkar

Telefónica has been perceived among the Top 4 pioneers in the as of late delivered report 'Communications Service Providers IoT Peer Benchmarking 2020' by research firm Transforma Insights. The report depends on investigation of the procedures of the main ten worldwide Communication Service Providers (CSP) over a different scope of capacities in IoT across three classes: technical, geographical and vertical.

The report singles out Telefónica "as having a solid situation over every one of the classifications" and features the open doors since the IoT and Big Data capacities have converged in a similar specialty unit as a major aspect of Telefónica Tech.

“These are changing times for Telefónica. Its newly announced structure presents a lot of opportunities for the IoT business. The new management team could trigger some interesting new investments and the new organization has a number of good differentiators. Most prominent amongst these is a strong data analytics and visualization capabilities courtesy of the integration of LUCA (its Big Data and AI division) with the IoT offering. It also has strong offerings in retail and cybersecurity.”

“Transforma Insights also likes the interesting approaches to connectors stitching together the elements of the IoT proposition, including pre-integration with IoT public clouds”, states the report adding that ” the integration of the  IoT and Big Data business creates more freedom, particularly to look for inorganic opportunities of growth”.

As per the report, Telefónica stays in the extraordinary gathering of pioneers regarding worldwide reach and organization limit (24.3 million IoT connections at the end of June 2020) and features different abilities:

The forcefulness in LPWA innovations conveying both NB-IoT and LTE-M in Europe and starts to lead the pack in Latin America where basically no different administrators have moved at this point. It likewise noticed some great successes in private 5G networks Telefónica has additionally made sure about some great successes in private 5G networks in Brazil, Germany and Spain.

The imaginative way to deal with creating connectors between the different components of gadget, organizations, cloud and arrangements/examination, developing it for additional future differentiators, for example including edge computing capabilities.

The union of their portfolio dependent on five principle enterprises: Mobility, Retail, Energy, Industry and Smart Cities, where Telefónica has likewise worldwide frameworks reconciliation capacities and a broad Big Data/Analytics/IoT counseling group.

“We are working in the evolution of our vision to take IoT and Big Data Services to a next level, creating an independent, flexible and faster organization and a more comprehensive approach to the market. This is a game changer and our value proposition stands out because we offer complete and extensive end-to-end IOT solutions, combined with our capabilities in Big Data and Artificial Intelligence. We help and support our customers in all that journey, from sensors to value extracted from data.” says Gonzalo Martín-Villa, Global Director of IoT and Big Data at Telefónica Tech.

At last, Transforma Insights additionally features Telefónica's IoT security focused technique through its coordinated effort with ElevenPaths, Telefónica Tech's cybersecurity organization, and notes the ongoing interest in Nozomi, a main OT and IoT security organization, just as its cooperation with Subex on an answer for danger discovery breaking down IoT traffic on networks.