TELECOMMUNICATIONS
reinventing itself from inside and out through its digital transformation , a process our readers will be familiar with through our coverage of its global IT strategy . The traditional telco model has already been well and truly disrupted , Angel Barrio confirms . “ Our plan is to focus increasingly on becoming an overthe-top company , specifically delivering our services over the cloud . All our growth in the coming years will come not from traditional telco services but from what we now call digital services .” This is comprised of three families of services , he explains : everything to do with the cloud ; everything around the internet of things ( IoT ); and everything around security . “ We do already have a good volume of business in IT and IoT , we are starting to build some business around security , specifically server security . Those three things require no other assets than our data center facilities and excellent communications , which is a core competency of ours .”
Telefónica is deeply committed to the development of the Cloud computing market all across the LATAM region with the launching of services like Virtual Datacenter , powered by VMware , and Open
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