Telefónica’s Chairman, José María Álvarez-Pallete, recently announced the creation of a large global Innovation and Talent Hub at the company's headquarters, located in Madrid's Distrito Telefónica.
This initiative will consolidate Telefónica as the undisputed leader in digitalization, as it will allow it to project its reach beyond technology to occupy the talent space. The global Innovation and Talent Hub will have a planned investment of 100 million euros until 2024, a special year for the Telefónica Group as it will then celebrate its first centenary.
With the features and potential provided by the 140,000 square metres of the buildings located at the headquarters, Telefónica will have a pioneering centre with which to provide a global response to the needs of the digital society, covering all disciplines and areas for the strategic positioning of the company. Thanks to the versatility and size of its facilities, Telefónica will generate, in a single space, the right ecosystem to offer the best opportunities to the 100,000 people that the Hub will be able to train each year in new digital skills.
The new Hub will act as a pole of attraction and retention of talent and will be pioneering in its concept and size, attributes that will enable Telefónica to consolidate its position as a benchmark in innovation. The new digital world requires continuous training with new skills and tools, so upskilling and reskilling are also priority objectives for Telefónica and its Hub. In turn, it will place Spain at the global forefront in attracting and developing technology and highly qualified professionals.
The headquarters buildings will become a large interconnected centre of excellence dedicated mainly to 5G, Artificial Intelligence, Smart Fibre, Edge Computing, Deep Learning Algorithms, Internet of Things, Cloud, Cybersecurity, Blockchain and Video.
Álvarez-Pallete, Chairman Telefonica
In its launch phase, the Hub will host around fifty top-level technological developments with experiences based on holography, gaming, robots, connected cars, drones, latest-generation security and the latest advances in the development of hybrid classrooms.
