Google Cloud Partnership
Telefónica and Google Cloud Extend Partnership to Drive Digital Transformation and Innovation
Telefónica and Google Cloud have recently extended their strategic partnership to accelerate digital transformation and drive innovation. This renewed agreement aims to enhance Telefónica’s cloud adoption and AI-powered innovation, while also strengthening their collaboration on network evolution.
Key highlights of the partnership include:
- Expansion of Google Cloud services: Telefónica Tech will offer an expanded range of Google Cloud services for the B2B market.
- Internal cloud adoption: Telefónica will leverage Google Cloud’s technologies to advance its own digital transformation, particularly through its “Go to Cloud” program.
- AI and Gen AI projects: The partnership will explore new innovation projects using artificial intelligence and generative AI.
- Network evolution: Collaboration will focus on using Google Cloud’s solutions to host network functions and improve network operations through automation.
Telefónica Tech has achieved five Google Cloud specializations and Managed Service Provider status, reinforcing its position as a leader in digital transformation.
This partnership extension underscores the commitment of both companies to innovation, agility, and scalability, aiming to bring best-in-class cloud offerings to the market.
The extended strategic partnership between Telefónica and Google Cloud marks a significant milestone in Telefónica’s journey towards digital transformation and innovation. By leveraging Google Cloud’s advanced technologies, Telefónica aims to enhance its cloud services, drive AI-powered innovation, and improve network operations. This collaboration not only strengthens Telefónica’s market position but also signals a promising future for its stakeholders. As the company continues to evolve and adapt to the digital age, the positive market response to this partnership could further bolster Telefónica’s growth and success.
For those interested in tracking Telefónica’s stock performance following this announcement, you can find the latest stock information here on Yahoo Finance.
David Frein
Abet News | August 8, 2024
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