Tag: Telefónica Tech

Telefónica Tech does well

Posted on November 8, 2022 by - News

Telefónica Tech saw a 69 percent annual leap in its third-quarter revenues.

The cybersecurity, cloud, IoT and big data specialist generated €386 million in the three months to 30 September 2022, bringing its year-to-date total to €1.02 billion. The wider Telefónica business saw revenues rise 11 percent to €10.3 billion.

Telefónica Tech counts the UK as one of four key investment territories alongside Spain, Germany and Brazil.

Hess walks away from Telefónica Tech CEO role

Posted on July 19, 2022 by - Moving People, News

Telefónica Tech UK&I CEO Martin Hess has stepped down from the role and will be doing something different in the company.

Hess will be replaced by the firm’s vice president of sales and marketing Mark Gorton while he focuses on longer-term strategic growth, both in the UK&I and worldwide, Telefónica Tech said.

Gorton played an “instrumental role” in the growth of Cancom UK&I, which was sold to Telefónica Tech in July 2021, the Microsoft partner added, and also in the acquisition of Incremental Group in March this year.

“I am incredibly proud of the journey our business has been on and where we have got to in a relatively short space of time and I am confident that Mark and Dominic will continue this same upward curve”, Hess said.

Telefónica Tech swallows Microsoft Dynamics

Posted on March 23, 2022 by - News

Telefónica Tech has bought Microsoft Dynamics partner Incremental for up to £175 million.

Telefónica Tech claims the deal will “strengthen its capabilities and presence” both in the UK and Ireland.

Incremental is based in Glasgow but with offices in India and Bulgaria, Incremental focuses on the data and analytics market and has been a Microsoft Business Applications Inner Circle member for the past three years.

Telefónica Tech CEO José Cerdán said that the move strengthens his companies position as a leader in the UK market for IT services.

“We are now able to provide end-to-end Microsoft services, including digital transformation, managed services and data analytics, and achieve attractive cross-selling synergies with Telefónica Tech UK&I, complementing and positioning us as a leading Microsoft-focused company in the UK.”