Telefónica and IBM to Promote AI, Analytics, and Data Management Solutions

Telefonica Tech entered a partnership with IBM to develop a platform for AI and data management solutions for enterprises. The resulting product set will initially be available in Spain.

The two companies explained the collaboration would focus on helping businesses use advanced technologies and navigate a changing work environment. This will involve the deployment of a multi-cloud platform to assist organizations with various tasks, including data management and analytics, as well as AI code generation for IT applications.

Telefonica Tech and IBM noted the new offering, named SHARK.X, will aid businesses to build, develop, and scale AI applications in a simple, secure, and governed way and improve planning and reporting. Specialists from IBM and Telefonica Tech will also provide consultancy services to develop use cases and proof of concepts for AI deployments according to client priorities and help integrate the new solutions into work environments.

The partners pointed to IBM’s research published earlier this year revealing that Spanish organizations already deploying AI have upped related investments in the past two years, reflecting the need to provide the business landscape with tools and solutions that drive their digital transformation journeys. “Together, we are accelerating the digital transformation of the Spanish business community, enabling the development of innovative technology solutions that will help companies adapt to the AI era”, said Adolfo Hernandez Pulido, Technology MD for Telefonica at IBM.