May 28 – Telecom Italia and Indra have signed a collaboration agreement for a period of three years to jointly develop innovative and smart solutions in the field of the Internet of Things. The partnership aims to create smart services for retail store and an ecosystem of applications for smart cities, sustainable mobility and smart energy; all to improve the quality of life in urban centers and beyond. The agreement was signed at the headquarters of Indra, in Madrid, by Alfonso Mariconda, Foundry & Project Management Responsible for Telecom Italy, Cristina Ruiz Ortega, CEO of Indra, and Ángel Luis Vizoso, Director of Indra Telecommunications. “This important agreement signed with Indra – commented Mario Di Mauro, Head of Strategy & Innovation for Telecom Italia – renews our commitment in the creation of new services and concepts for our customers. This is a research model that our company has already implemented with other selected partners, all industry leaders, to strengthen joint activities for the creation of centers of excellence in Italy, dedicated to testing and co-develop innovative solutions. ” Ceschini Fabrizio, Director of Indra Telecommunications in Italy, said: “This agreement, thanks to the new paradigm of Telecom Italia Foundry, will leverage their experience, cloud infrastructure and skills to create new services that can be offered directly to the market, greatly reducing the time-to-market costs, development costs and introducing new business models. ” (Red)