Hybrid Cloud
Cyber Security & NaaS
AI & Data
IoT & Connectivity
Business Applications
Intelligent Workplace
Consulting & Professional Services
Small Medium Enterprise
Health and Social Care
Industry
Retail
Tourism and Leisure
Transport & Logistics
Energy & Utilities
Banking and Finance
Sports
Smart Cities
Telefónica Tech's 2023 results reflect our position as a leading integrator of advanced technological solutions in Cloud, Cybersecurity, IoT, Artificial Intelligence, Business Applications, and Big Data. We have generated revenue of 1.9 billion euros, marking a 26.7% growth compared to the previous year and, for the third consecutive year, surpassing market growth.
This sustained growth reinforces our strategy and our commitment to achieving 3 billion euros in revenue by 2026.
A distinctive and sustainable portfolio
At Telefónica Tech, we offer a distinctive and sustainable portfolio of comprehensive technology services and solutions. We enhance these with high-value professional and managed services to support our clients through their digitalization processes.
In 2023, we added a global team of more than 6,300 professionals who bring their experience and knowledge to co-create solutions with our strategic technology partners, making our clients more agile, sustainable, efficient, secure, and competitive.
Our service portfolio contributes significantly to achieving our B2B clients' sustainability and ESG goals. 58% of our portfolio carries the Eco Smart label from AENOR, which verifies its contribution to emission reduction, resource and energy savings, and the promotion of the circular economy.
Leading Presence in Europe and Global Reach
Thanks to our geographical presence, we can provide services in more than 175 countries. We serve the extensive B2B client base of the Telefónica Group, regardless of their industry and size: from large corporations and public administrations to SMEs and micro-enterprises.
We have a leading presence in Europe, with more than 85% of our revenues coming from hard currency markets (EUR, GBP, and USD). We have strengthened our position in the United Kingdom, Ireland, and Central Europe through Telefónica Tech UK&I and BE-terna, which serve the Nordic countries and the Adriatic region (DACH area). We also have a solid presence in Spain, Hispam, Brazil, and the United States, where we offer solutions tailored to the local needs of our clients.
We invite you to learn about Telefónica Tech’s year 2023.
