Innovation is not just a buzzword; it’s the driving force behind the rapid technological advancements shaping our world today. In Ayming’s 6th Edition of the International Innovation Barometer (IIB), we provide critical insights into how businesses worldwide are evolving their R&D strategies amidst financial pressures, AI integration, and shifting funding landscapes.
The IIB is a comprehensive report that offers an in-depth analysis of the current state of innovation. Whether you’re aiming to implement cutting-edge technologies, navigate the evolving grant landscape, or foster diverse innovation teams, Ayming’s IIB is your go-to resource.
Key insights:
- Resilience in R&D budgets: Despite economic challenges, 73% of companies expect to increase their R&D budgets, with 22% forecasting significant growth.
- AI’s growing role in innovation: 75% of businesses are integrating AI into their R&D processes, revolutionising data analysis, predictive analytics, and more.
- Cost pressures reshaping priorities: ‘Cost reduction’ has now overtaken ‘driving innovation’ as the top priority, with businesses focusing on short-term strategies.
- The shift from tax credits to grants: With tax credits becoming unstable, grants have emerged as a reliable funding source, with 37% of firms now relying on them.
Download your free copy of the IIB today to find out more