D – Technological innovations (including Artificial Intelligence)
Industry 4.0. We previously outlined the three key technologies that will shape tomorrow’s industry: AI, digital, and networks. These technologies will guide how companies operate and how they overseas data create value. Industrialized countries are constantly equipping themselves with better technological structures to stay in line with the most
efficient industries, and France is clearly one of them and will remain one of them. This new shift is indeed a powerful means of differentiation as new cards emerge. Strategies must undeniably shift toward this approach so that industrial companies (or almost all of them) do not disappear.
Industry 4.0 aims to be more efficient thanks to digital technology. Data collection allows for optimization and watchmaking precision on production lines. Some companies are rushing to offer support to businesses, like Siemens, which provides a detailed summary of the digital transformation in this article .
We are not going to rehash what we have said here because the future prospects are obviously focused on digital and technological innovation in this sector. However, it is important to emphasize this because change is happening now. Whether for industrial or commercial companies, associations, administrations, non-governmental organizations
or all of us as individuals, we must realize the importance of updating ourselves to maintain global competitiveness. The United States is ahead of the majority of these innovations and companies active in conquering these technologies (I can mention GAFAM but there are many others, notably Nvidia, which has been gaining more and more strength in recent years, with 128% growth on the stock market alone!).
There is a train here that should not be missed; France must succeed in adding a wagon to this TGV that will not stop to wait for it.
5 – Aid (excluding Covid-19)
A – Support for businesses and R&D
To reward companies that actively participate in the development the 10 most effective marketing strategies on instagram of new solutions, the State offers several aid schemes, which can be fiscal, social or financial.
- Research Tax Credit (CIR) : The CIR aims to encourage companies to undertake research and development (R&D) activities. It is a tax measure that allows companies to deduct a fresh list portion of their R&D expenses from their corporate tax.
- Innovation Tax Credit (ITC for SMEs) : The ITC is a tax measure for SMEs that can obtain a tax credit of 30% of the expenses required to design prototypes or pilot installations for new products. Legally, the ITC is called “innovation expenses eligible for the tax credit,” a term sometimes used generically.