SEAT and Telefónica unite to bring 5G and blockchain technology to the car industry

By Johan De Mulder

Telefónica has reached an agreement with SEAT to further promote the use of 5G and blockchain technology in the car industry.

The two European heavyweights have united as they look to drive the digitisation of the industry through the sharing of ideas and technologies.

Telefónica will become the 'strategic IT supplier' to SEAT, working in three specific areas: the shared use of insights, the application of 5G connectivity and digital transformation projects in car manufacturing.

See also:


That includes, as an Industry 4.0 initiative, the implementation of blockchain technology that will allow manufacturers to track different areas of their supply chains.

"With this agreement, SEAT consolidates itself as a benchmark in the sector’s digitisation," said SEAT President Luca de Meo.

"Joining forces with Telefónica as a strategic partner enables us to take a major step forward in our commitment to offering mobility solutions that make lives easier for the drivers of our vehicles."

Telefónica España President Luis Miguel Gilpérez added: "New technologies are truly going to trigger a revolution in the automotive sector, and at Telefónica we want to be the leading partner in helping SEAT spearhead this new phase."

"How big data and blockchains will influence the sector, or how decisive 5G will be for the future of the autonomous and connected car are a few of the innovations that Telefónica and SEAT are going to work on together."

Share

Featured Articles

Top 10 largest revenue generating family businesses in MENAT

From the UAE to Turkey, these family firms are the largest by revenue in MENAT and cover everything from energy to entertainment

Top 10 metaverse projects in the UAE, including world firsts

As Accenture predicts the metaverse will fuel a US$1 trilion commerce opportunity by 2025, we round up 10 pioneering metaverse projects in the UAE

PwC’s survey shows Middle East CEOs remain upbeat on growth

CEOs in the Middle East are far more optimistic about regional growth than those in North America and Europe, according to PwC’s annual survey

Opinion: “Why we must tackle the digital skills crisis"

Leadership & Strategy

5 Mins With: Kathryn Kaminsky Vice Chair Trust Solutions PwC

Leadership & Strategy

Survey: The Future of Cloud Security in the Middle East

Technology