The charm of the growth of the Italian tech sector

We may think about pizza, lasagna, or cannoli, but this historical European country is really one among the main protagonists in the scene of technological breakthroughs on a worldwide stage.

One of the fields where there is a flourishing trend of Italian industry innovation is the one that concerns communications and technology. One of the greatest pioneers with regards to robotics and automation, Italy is recognised as one of the frontrunners of the industry on a worldwide level at conventions and gatherings on the matter. Another characteristic of information technology Italy is driving in terms of breakthroughs is that of telecoms: for instance, TIM’s top two shareholders are considering the research and advancement of a new era of connections, usually referred to as 5G, the primary driver of what is called Internet of Things. It would not be unexpected if, in the next couple of years, Italy were to turn into one of the forerunners in innovations such as the Internet of Things, the availability and distribution of optical fibre, and the big digital avenues of the future.

No doubt, when wondering what kind of companies are thriving in Italy, one among the first things that comes to mind is design. Considered by most as the European (or even global!) capital of the fashion industry, countless Milan startups concentrate on the way that development might be applied to the fashion marketplace, from inclusion, to brand new technologies, to being socially aware and favouring quality instead of fast fashion. One of the Italian fashion startups that has been featured for its extraordinary technology can be viewed in the ELSE Corp’s market insights, as their procedures feature a way to scan a customer’s body to create clothes that will definitely fit them properly. This way of guaranteeing perfect fits is a good way to avoid waste and provide quality goods that will definitely be worn by their owners frequently, making consumers more aware of issues like disposable fashion.

A profitable setting for the technological environment in Italy is the one that concentrates on eco-friendly solutions, particularly on the subject of electrical power. For sure, being a notable holiday destination, we can imagine it to get a lot of sun, used both by major energy providers with solar systems, like the national grid, and on a private level, with incentives for households to set up solar panels on their rooftops. A few of the huge names in terms of much more complex renewable avenues, such as biomass technology, are honestly based in this country, driving overseas financial investment into Italy, like in the case of Falck Renewables’ majority investors, with the business counting subsidiaries in the rest of Europe. With regards to sustainability, it can be said that the Italian technological advancements are major contributions to the question, and the country is identified on an international scale by experts in the sector.

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