Indra will create an advanced technology center in 2026 in which it will invest 100 million

The Spanish multinational Indra plans to create a state-of-the-art integrated technology center in 2026, called “Indra Technology Hub”, in which it will invest 100 million euros, which will be focused on the research and development of cutting-edge technologies for defense and aerospace businesses. .

The objective is to promote the digitalization of systems from this center in order to reinforce Indra’s evolution towards industry 4.0. , that is, a company that incorporates intelligent digital technologies in manufacturing and industrial processes.

This center, whose location has not yet been decided, will not be a subsidiary, but will be 100% owned by Indra and will be located in facilities other than the company’s headquarters, as company sources have informed the Efe agency.

These 100 million that will be invested in this center are part of the 3.1 billion euros that Indra plans to spend on technological development until 2030.

This amount is expected to be allocated to artificial intelligence, virtual and augmented reality, internet of things and cloud technologies.

It is a center whose creation is contemplated in the strategic plan ‘Leading the future’ , which was presented this Wednesday by its president, Marc Murtra , and the CEO, José Vicente de los Mozos , at the investor day. , in which they outlined the strategy until 2026, with an eye toward 2030.

Indra, which plans to focus on the defense and aerospace sector, wants to carry out a complete transformation of its operations to achieve greater efficiencies and evolve its systems integration capabilities and, to achieve this, this center will be essential.

In addition, it will be for the objectives pursued with the standardization and modernization plan for Indra’s engineering and production models.

The company wants to put a greater focus on advanced engineering ; greater agility and resilience, through digitalization and integration with the supply chain and the implementation of methodologies; and new, more efficient and quality processes.

The company’s intentions are to create 5,000 jobs with high added value until 2026, of which it has not been revealed how many will be allocated to this new center.

Currently, according to data at the end of 2023, Indra has 57,755 employees, of which more than half (32,498) are in Spain.

Indra, a technology and consulting company, of which almost 30% of the capital is owned by SEPI, is focused on the aerospace, defense, mobility sector, as well as digital transformation and information technologies in Spain and Latin America through of its subsidiary Minsait.

In 2023, it earned a total of 4,343 million euros in its Transport and Defense and Minsait divisions, 12.8% more than in 2022. It plans to achieve a turnover of 6,000 million euros by 2026 with its new strategy.

Its challenge is that in 2030 the satellite sector will generate revenues of 1,000 million euros compared to the around 65 that it represents now.

All of this appears in a plan that consists of seven strategic lines , including strengthening Indra’s presence in new markets; establish alliances with other partners; increase investments in new technologies and search for talent.

Its CEO has held the position since May. The month after starting at Indra, in June, he announced at the company’s Shareholders’ Meeting that a new plan was going to be presented with a horizon until 2030.

This plan was prepared by about 200 people and approved unanimously by the company’s Board of Directors . All of this at a crucial time for the defense and technology sectors, for which an increase in investments is expected and which offers unique opportunities for the company.

With this plan “the mountain has been identified and now we must conquer it,” said the CEO and Indra, who stated that “it is the most ambitious plan that has ever been proposed in Spain in the defense industry.”

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Published on March 09, 2024 15:31
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