Telefónica increased 13,8% its investment in R&D&i in Spain during 2014

Telefónica's investment in innovation and development during the year 2014 increased a 6%, with a total of 1.111 million, an item that in the case of R&D&i in Spain amounted to 1.319 million euros, which meant a 13,8% more than in the previous year.

Big Data, New generation networks and the Internet of Things have been the main focuses of the R&D investment made by Telefónica during 2014, with a total of 1.111 euros (and 6% more than in the previous year, that if placed in 1.046 million euros).

This growth can also be extended to the R&D&i figure., in which Telefónica increased 13,5% your investment until you reach the 6.973 million euros in 2014, in front of the 6.142 millions he received in 2013. In its commitment to technological innovation in Spain, The investment was 13,8% in the last year, reaching the 1.319 million euros, more than a fifth of this division's budget worldwide.

As the company points out, “Telefónica R&D It is the Telefónica product factory. Its engineers and user experience designers are responsible for the development of some of the most strategic products it offers to its clients around the world.. In this sense, Last year, the Spanish multinational presented numerous technological developments such as Thinking Things, a pioneering plug-and-play approach to the Internet of Things; Click&Pizza, the first IoT button for consumption in collaboration with Telepizza; Firefox Hello, a service to make free video calls, o Tu Go, an application that allows the user to have their number on all their devices (PC, tablets, smartphone, etc.) and communicate over a data connection.

Added to the above are also the work carried out by the company as a provider of OTT video services in a large number of countries in Latin America and Europe..

Telefónica I+D has also consolidated its position in the area of ​​network virtualization with the creation of the NFV Reference Lab and has reinforced its commitment to the transparency of user data on the Internet with initiatives such as Data Transparency Lab. In the field of collaboration with other entities in the sector, highlights, inter alia, the agreement signed with READ (Spanish Network of Design Associations) to improve product design.