Google Cloud and Telefonica announced the renewal and extension of their partnership. The partnership aims to bring cloud offerings to the market for businesses to accelerate their digital transformations.
The agreement includes the expansion of Google Cloud services offered by Telefonica Tech for the B2B market, cloud adoption for its own business, and the strengthening of partnerships in key areas of innovation, such as artificial intelligence (AI) and generative artificial intelligence (Gen AI).
The strategic partnership agreement between Telefonica and Google Cloud has demonstrated significant value for both companies over the last several years.
As a result, Telefonica was encouraged to extend the agreement for an additional three years— and to explore collaboration on areas such as the use of AI and data services, the use of Google Cloud’s solutions to host network functions under a telco cloud approach, and the improvement of Telefonica’s network operation via automation.
“This partnership extension reinforces Google Cloud as a key partner for Telefonica in the coming years. Many of our new services and processes will be based on the innovation, agility, scalability, and flexibility that Google Cloud provides to us,” said Enrique Blanco, Telefonica Global CTIO.
“Telefonica’s ambition and commitment to innovation is inspiring. Our renewed and expanded partnership is a testament to the shared vision and trust we’ve built together. We are incredibly excited about the potential of this collaboration to drive innovation, accelerate digital transformation, and create lasting value for Telefonica and its customers,” said Tara Brady, President of Google Cloud EMEA.
Telefonica is building next-generation digital products and services, with Google Cloud technologies as strategic enablers.
Google Cloud is also working closely with Wayra, Telefonica’s corporate venture capital, to provide startups with technology to help them innovate their product development processes, optimize costs, and support their market expansions.
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