Telefónica Creates a Platform to Build Multi-Sector Data Spaces

1–2 minutes
Network

From News Desk

Telefónica, through its digital business unit Telefónica Tech, is offering more services to customers with the launch of a technology platform and a demonstration centre aimed at creating multi-sectoral Data Spaces. The project, named ‘Telefónica DataSphere – Boosting Competitiveness and Data Sovereignty in Multisectoral Ecosystems’, is being presented at Advanced Factories, an event in the industrial sector currently taking place in Barcelona.

Telefónica offers a platform designed for the exchange of structured data (both static and real-time) between organisations and for integrating associated services. These include visualisation and analysis of information via dashboards and reports to trained artificial intelligence and machine learning models to improve predictive capabilities and decision-making.

The company will also launch a demonstration centre where various data spaces can be built, under common governance and technology, to test pilots and use cases. Its aim is to create an environment in which the data owner retains sovereignty (i.e. the platform enables access to the information at source, rather than holding it locally) and can manage access and usage contracts to ensure security, whilst benefiting from interoperability and shared standards.

Darío Cesena, Head of IoT, Telefónica Tech says, “At Telefónica, we continue to innovate to offer more and better services with the aim of becoming the best gateway for citizens, businesses and public administrations to digital technologies. Our platform and our demonstration centre allow different stakeholders to share data securely, traceably and in compliance with regulations, without losing control over their assets, respecting sovereignty and facilitating agile, scalable and governed collaboration. In short, we provide organisations with a reliable environment to extract value from data without compromising its integrity or responsible use.”