Six Spanish corporations create artificial intelligence consortium

Telefónica is one of the main forces behind the consortium Credit: Telefónica press centre

AS part of Spain’s concentration on new technology Six Spanish corporations create artificial intelligence consortium.

Repsol, Gestamp, Navantia, Técnicas Reunidas, Telefónica, and Microsoft have joined forces to create IndesIA, the first consortium of its kind in the Spanish industrial sector.

Focused on Spain with a European outlook, the consortium aims to take on more companies and integrate different business sectors.

IndesIA is a catalyst project whose goal is to position Spain as a leader in data and artificial intelligence applications for industry, while also stimulating a new economy to spark growth at the national level.

The Spanish industrial sector currently faces a number of important challenges. The need to become more competitive through automation and optimisation of industrial processes stands out among these, as does improving sustainability through energy efficiency, developing new materials with lower environmental impact, and following through the commitment to the circular economy.

The new consortium — which draws on the support and experience of the leading organisations in this field, such as the Basque Artificial Intelligence Centre (BAIC) — is also focused on working to galvanize employment and bridge the training gap in STEM disciplines (science, technology, engineering and mathematics) to create new high-skill jobs, while also mobilising the attraction and retention of tech talent in Spain.

Data processing will be carried out in strict adherence with EU data protection and sovereignty principles. This includes facilitating mechanisms for data owners to control where data is stored, who has access, and what type of processing can be performed.

The consortium is also working with public and private universities to strengthen employability through upskilling and reskilling for employees in STEM disciplines, with a special focus on artificial intelligence.

All these mechanisms will ensure secure processing of data whilst security and privacy of industrial and personal data will be the basic principle of design for the technology, platforms, and use cases developed and promoted by the consortium.

Development of these requirements has led to the creation of an ecosystem of start-ups, technological centres and universities specialised in artificial intelligence solutions with industrial applications.

This collaborative network will make it possible to rapidly spread knowledge and the most efficient practices, in addition to adapting them to each sector’s particular needs.

Thank you for reading ‘Six Spanish corporations create data economy and artificial intelligence consortium.’

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Written by

John Smith

Married to Ophelia in Gibraltar in 1978, John has spent much of his life travelling on security print and minting business and visited every continent except Antarctica. Having retired several years ago, the couple moved to their house in Estepona and John became a regular news writer for the EWN Media Group taking particular interest in Finance, Gibraltar and Costa del Sol Social Scene. Share your story with us by emailing [email protected], by calling +34 951 38 61 61 or by messaging our Facebook page www.facebook.com/EuroWeeklyNews

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