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The Digital Kit mobilises 416 million euros up to November, 13.5% of the total budgeted for it

The government has mobilised 416 million euros up to November under the Digital Kit programme, which represents 13.5% of the 3.067 billion euros budgeted for the initiative, financed by the European Union through the Next Generation EU funds. According to a reply registered in the Congress of Deputies, to which Europa Press has had access, the implementation of digitalisation solutions in the companies benefiting from the aid will be channelled…

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The First Map Of AI In Spain Detects 209 Key Players In Business Digitisation

Iberinform | Who will drive the digitalisation of the Spanish economy? That is the question that the Map of Artificial Intelligence in Spain prepared by Iberinform, in collaboration with AI-Network and BigData Magazine, tries to answer. The result is a business and educational ecosystem made up of 209 key players that will have a multiplier effect on the digitisation of our business network. According to the results, 161 Spanish companies…

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Spain To Spend €250 M To Extend Ultrafast Broadband To The Whole Country

Invest in Spain | The new Universalisation of Digital Infrastructures for Cohesion Programme (UNICO) is the framework for measures and investments that will guarantee ultrafast broadband connection throughout the country, covering 100% of the population by 2025. The first call launched by the Ministry of Economic Affairs and Digital Transformation is aimed at telecommunications operators whose objective is the deployment of very high speed broadband infrastructures, capable of providing services at speeds of at least 300 Mbps, scalable to 1 Gbps.


Are Auto Companies Preparing Their Workforce For A More Digital Future?

Catherine Macaulay & Rodrigo Kohn (Schroders) | As climate change ambition ramps up across the world, emissions reduction targets in the autos sector will likely be forced to tighten further. Numerous countries – including Norway, France, the UK, Sweden, Ireland and the Netherlands – have already announced internal combustion engine (ICE) vehicle phaseouts between 2025-2040. At the same time, technological advancements continue to transform the industry. Production processes are increasingly automated, autonomous driving technology is growing in sophistication, and consumer expectations around the digital experience of vehicles continue to increase.

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Spain In The Digital Race

CaixaBank Research | The coronavirus crisis has highlighted the importance of digitalisation in disruptive contexts such as the present. Economic activity has held up better in more digitalised countries: a greater number of companies have continued to operate at the height of the pandemic, the public sector has been more effective and quicker in helping households and firms most in need, and in people’s homes digitalisation has enabled teleworking and has allowed the younger generations to continue to study remotely. Where does Spain stand in this field?


Investment In Intangibles In Spain Stands At Around 6.5% Against 7% In Germany And 12% In The US

Claudia Canals and Oriol Carreras Baquer (Caixabank)| Given the importance of investment in intangibles for boosting the digital transition, we wonder what impact NGEU will have on this type of investment. To answer this question, first we estimate the average increase in the relative weight of investment in intangibles as a proportion of GDP in Spain between 1995 and 2017. We then measure the impact that NGEU will have on investment in intangibles, considering in the calculation the carry-over effect that this programme could have on private investment.


“Spain Has Not Had An Industrial Policy In The Last 20 Years, Maybe More”

Fernando Rodríguez | “Tourism, energy, food…In those sectors where we have people with a lot of knowledge and we are leaders, we should use the recovery funds to invest in technology to be stronger and more competitive. I think it is very difficult to transform a society from one day to the next and create companies that generate employment in sectors completely new. Our transformation must be gradual. We must take advantage of European funds to make an intelligent change of our strengths”, says Emma Fernández, board member of Metrovacesa, Asti and Axway.

Telefonica 5G networks

Telefónica To Extend The 5G Network To 75% Of The Population This Year

As of today, Telefónica’s 5G network is available in all the autonomous communities, with outstanding hyperconnectivity in European terms as a result of its combination with fibre optics. According to Telefónica chairman José María Álvarez-Pallete “5G will bring huge benefits for Spain. This is a golden opportunity for our country to lead the Fourth Industrial Revolution”. This move will enable 75% of the Spanish population to obtain access to this new technology by the end of the year.

Spain will impose a 5% tax on foreign and Spanish companies’ digital services

Spain Pushes Ahead A Regulatory Sandbox For The Banking Sector’s Digital Transformation

The draft law for the digital transformation of the financial system is a long-awaited measure by the banking sector. The project anticipates the implementation of a test bench or regulatory sandbox, which is instrumental in promoting innovation in financial services. It is also a tool for the competition authorities, as it allows for synchronization between supervisory practices and financial regulation and the current pace of innovation and digital transformation.