A couple of Italian tech companies attracting international investors

We may consider pizza, lasagne, or tiramisu, but this ancient European nation is genuinely one among the primary protagonists in the sphere of technological developments on a global level.

A thriving setting for the technological environment in Italy is the one that concentrates on environmental avenues, especially on the subject of sources of energy. Of course, being a well-known holiday destination, we can expect it to get lots of sunshine, used both by big energy providers with solar systems, like the national grid, and on an individual level, with incentives for households to set up solar panels on their rooftops. Some of the major names in terms of much more complex renewable solutions, such as biomass technology, are really based in this country, driving international investment into Italy, like in the case of Falck Renewables’ majority investors, with the business counting subsidiaries in the rest of european countries. In terms of sustainability, it might be said that the Italian technological advancements are big contributions to the matter, and the nation is recognised on an international scale by experts in the field.

One of the areas where there is a flourishing trend of Italian industry innovation is the one that regards communications and technology. One of the largest innovators in terms of robotics and automation, Italy is perceived as one of the leaders of the industry on a global level at conventions and gatherings on the matter. Another element of information technology Italy is driving in terms of developments is that of telecoms: for example, TIM’s top two shareholders are considering the exploration and development of a new generation of connections, typically referred to as 5G, the primary driver of what is known as the Internet of Things. It would not be unexpected if, in the next decade, Italy were to become one of the frontrunners in innovations such as the Internet of Things, the accessibility and diffusion of fibre optic internet, and the leading digital avenues of the future.

Of course, when wondering what kind of firms are thriving in Italy, one among the first things that comes to mind is design. Considered by many as the European (or even global!) capital of fashion, many Milan startups focus on the way that development can be applied to the fashion field, from inclusion, to brand new technologies, to being socially aware and favouring quality instead of fast fashion. One among the Italian fashion startups that has been featured for its spectacular technology may be viewed in the ELSE Corp’s market insights, as their programmes feature a way to scan a customer’s body to create clothes that will honestly fit them properly. This way of guaranteeing ideal fits is a great way to prevent waste and provide quality goods that will absolutely be worn by their owners regularly, making customers much more aware of matters like throwaway fashion.

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