Telefonica extends its leadership in IoT solutions delivery with a key alliance with PTC06 Jun 2016
- Telefonica Smart Device Service will make use of PTC’s ThingWorx® Platform integrated with Telefonica’s Smart m2m
- ThingWorx enables innovators to rapidly develop and deploy smart, connected solutions for the Internet of Things
Madrid 6th of June, May 2016 – Telefonica’s Internet of Things (IoT) business unit is extending its leadership in IoT solution delivery with a key agreement with PTC, a global provider of technology platforms and solutions that transform how companies create, operate, and service the ‘things’ in the IoT. PTC’s ThingWorx IoT platform will be utilized by Telefonica to advance connected product and service development.
Telefonica’s Smart Device Service, which is comprised of device enablement and management capabilities, enables customers to transform their business with connected applications and services. By using ThingWorx, Telefonica is extending the platform’s rapid application development, connectivity, and analytics capabilities, which help organizations reduce the time and cost of building, deploying, and achieving value from connected product and service applications. Telefonica´s Smart Device Service is fully integrated with Smart m2m, Telefonica´s managed connectivity platform, to provide customers with complete visibility, control and management of the end to end solution.
With this agreement, Telefonica will offer customers business solutions that seamlessly integrate applications, networks and devices, enabling them to transform their businesses. Telefonica’s operators will leverage ThingWorx’s ready-made components and its global ecosystem of partners to deliver secure and reliable IoT services.
This agreement will also provide Telefonica’s customers with access to fully integrated solutions and cloud-based deployment for applications and development, enabling them to reduce service downtime and optimize on-field intervention through remote detection and resolution of problems. Customers can leverage the offering to simplify their business processes, enabling them to rapidly adapt to market changes by deploying new solutions and device upgrades. In addition, customers will benefit from the experience of Telefonica’s managed services offerings, providing an end-to-end solution.
Vicente Muñoz, Chief IoT Officer said, “This agreement positions Telefonica as one of the key players in the IoT arena providing first-class services to our worldwide customers. Furthermore, it complements our leading Smart m2m Solution, a best-in-class platform to manage and control IoT communications developed entirely by Telefonica. ”
John Stuart, Divisional Vice President, ThingWorx Partner Development, PTC, said, “Telefonica choosing ThingWorx as its IoT platform of choice reinforces the value of offering rapid application development, connectivity, and analytics capabilities in a single package. By working with Telefonica, we can bring the power of the Internet of Things to more companies around the world and help them transform the way they do business.”
Telefonica is one of the largest telecommunications companies in the world in terms of market capitalisation and number of customers. From its consolidated position in the sector, and with fixed telephony and mobile broadband as key areas that support future growth, the company focuses its strategy on securing its leadership in the digital world.
Present in 24 countries and with a customer base of more than 320 million customers, Telefonica has a strong presence in Europe and Latin America, important industrial alliances and a leading global scale which positions the company to capture growth opportunities. Telefonica is a fully publicly traded company with more than 1.5 million direct stakeholders and its ordinary shares are traded in various stock markets, including London and New York among others.
PTC and ThingWorx are trademarks or registered trademarks of PTC Inc. or its subsidiaries in the United States and other countries.