Raul Zamorano of Telefonica España S.A. presented at the 5th Managed Services World Congress in Berlin on challenges and opportunities for telecommunications operators in delivering managed services. The presentation covered: 1) the changing role of IT services and benefits of strategic outsourcing; 2) opportunities for differentiation through new digital businesses but challenges from rapid technology changes and demanding customers; 3) common business models for managed services and emphasis on clarity and customer satisfaction; 4) importance of trials, training, measurement and improvement for successful ongoing operations.