"New technologies have been a vehicle core topic for the transformation of societies."
The president of Telefónica Latinoamérica states at the University of Navarra that the telecommunications sector will grow exponentially in the coming years.
"In the last 25 years the world has changed radically and new technologies have been a vehicle core topic that has enabled and accelerated this transformation". This was explained today by the chairman of Telefónica Latin America, José María Álvarez-Pallete, during the session he gave at the University of Navarra on the occasion of the Rafael Termes Lecture.
In this regard, the president of Telefónica Latinoamérica placed special emphasis on the significant changes that the telecommunications sector has undergone in recent years and the opportunities that arise in the new environment, especially if we change the way we look at it and deal with it: "The world is changing faster every day. We used to talk about years to massify the use of new technologies, but today in just one day there are more than half a million new users in social networks and millions of blogs are updated every second".
Faced with this new reality, where the digital society demands that everything it needs is available from any device and at any time, companies like Telefónica "must not only adapt to the new context, but also be at the forefront of change, transforming and continuing to innovate to maintain its leadership". And, for sample, he highlighted an example: "It is expected that in the coming years the demand for telecommunications services will grow significantly in the field of machine-to-machine (M2M) connections, which means that there will be millions of connected devices in sectors such as automotive, smart meters, points of sale ... And in this new reality, the innovative role of operators is essential to provide the necessary platform and manage the transmission of data, thus remaining at the forefront of the industry.
Transformation in Latin America
accredited specialization During his speech, Mr. Álvarez-Pallete made special mention of the transformation that Latin America has undergone, stressing that the region has become one of the most dynamic in the adoption of new technologies and offers significant potential for the future.
In Latin America," said José María Álvarez-Pallete, "Telefónica has played and continues to play an important role due to its long-term commitment to deadline with area and its positioning as an ally of development of its companies. In fact, it is the largest foreign investor in the region, having invested close to 90,000 million euros since the 1990s, and today its presence in Latin America is one of the main strengths of group. At the end of 2009, it contributed 40% of the revenues and nearly 64% of the customers of group Telefónica, and the Company's organic growth will come mainly from this Region in the coming years".
The Rafael Termes Lecture of the School of Economic and Business Sciences, which began last year, has as goal give students who finish their programs of study the last master class of their university life. In addition, this event arose in recognition of the work of the University of Navarra professor and prestigious figure in the Spanish banking sector, Rafael Termes. The event was also attended by Venancio Echeverría, director Communication of Telefónica in Spain; and Javier Delgado, University Secretary technical of Telefónica Latin America.