Problems faced by industrial companies
Technology platforms : accelerators of innovation in the industry

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Problems faced by industrial companies


Technology platforms : accelerators of innovation in the industry

Author : Pierre DEVALAN

Publication date: October 10, 2019, Review date: March 10, 2021 | Lire en français

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2. Problems faced by industrial companies

2.1 Insufficient resources

For an SME or ETI, developing a breakthrough innovation means working closely with research laboratories, deploying a team of several dozen engineers and technicians for at least a decade, and investing heavily in technical hardware and software. The capacity for technological investment, in both tangible and intangible terms, is almost ten times greater than that usually required for incremental innovation.

SMEs and SMBs therefore lack the skills and investment capacity to invest in personnel, hardware and software to gain access to an emerging disruptive technology.

It's worth stressing the investment aspect here. Industry is a capital-intensive economic sector, which requires substantial funding, particularly...

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