Geprom has around 40 professionals and specializes in integrating the Internet of Things (IoT) in the industrial sector and automating production processes.
This acquisition represents another step in Telefónica Tech’s organic and inorganic growth plan to establish itself as a leading company in digital transformation.
Telefónica Tech continues its growth story by announcing today the signing of the contract to acquire Geprom, a technology-based engineering company headquartered in Spain, specialized in industrial automation and digital transformation of existing production processes in factories. With this operation, Telefónica Tech will strengthen the capabilities of its Internet of Things (IoT) and Big Data division, led by Gonzalo Martín-Villa, and enhance the company’s positioning in a key sector such as industry.
Geprom has more than 40 industry experts and a broad base of partners and top-tier clients, whom it supports in the development and integration of turnkey projects in areas such as planning, production, quality, logistics, and specialized maintenance.
Its business focuses on implementing end-to-end technological solutions in the factory, covering the entire value chain: from the sensor, PLC, or line operator, to the strategic factory control layers (MOM) or disruptive tools like the digital twin, including facility design and robotization, commissioning, development, and interconnection between systems with a strong component of innovation.
The digital development of the industrial sector is a priority business line for Telefónica Tech, offering a portfolio of high-value products and services that not only cover sensorization and data analysis to create fully connected factories, but also the application of cloud technologies, artificial intelligence, and cybersecurity services to help companies become more efficient, competitive, and sustainable.
“The acquisition of Geprom will allow us to improve and expand our capabilities and offer a more complete and innovative service for the digital transformation of the industrial sector. At Telefónica Tech, we have a portfolio of services focused on industry digitalization and security, which will undoubtedly be enhanced with broader 5G deployment,” highlights Gonzalo Martín-Villa, CEO of IoT and Big Data at Telefónica Tech.
“We have always believed that the success of the industry’s digital transformation lies in working from the factory’s needs towards technology, alongside people’s talent. Becoming part of Telefónica Tech will allow us to support clients towards the Smart Factory with more capabilities and services, combining our industry expertise with their extensive value proposition and experience in areas such as connectivity, communications, and infrastructure—key services to ensure the industry’s digital transformation,” says Darío Cesena, CEO of Geprom.
Telefónica Tech closed the first nine months of the year with a 25.5% increase in revenue and expects to continue with double-digit growth thanks to the opportunity represented by Telefónica Group’s more than 5.5 million B2B customers.
A Growth Story
The acquisition of Geprom represents another step in the organic and inorganic growth plan that Telefónica Tech set from its creation in November 2019 to establish itself as a leading company in digital transformation.
Since then, Telefónica Tech has expanded its portfolio with new Cloud, Cybersecurity, Internet of Things (IoT), Big Data, and Blockchain services and products, and has made strategic acquisitions to consolidate its leadership. This year, Telefónica Tech acquired Cancom UK&I (now Telefónica Tech UK&I) for €398 million, a company with 600 professionals accredited as a Microsoft Gold Partner in nine disciplines, offering professional and managed services in advanced IT, Cybersecurity, and Multicloud solutions.
Earlier this year, it also acquired Altostratus, specialized in multicloud services and Premier Partner of Google Cloud for Southern Europe, and integrated acens, the cloud services company for SMEs belonging to the Telefónica Group since 2011.