MAPFRE Open Innovation’s Post

It's about time to Transform the “Machine Shop” In 2023, German Gross Fixed Assets (GFA), reached a staggering $32.43 trillion and were used to generate a Gross Domestic Product (GDP) of $6.18 trillion. Considering the Growth of Gross Value Creation (GGVC) with a basis of 2015 = 100.00, Germany grew across all economic sectors, achieving 107.93 in 2023 - or in other words: “a massive, enormous machine shop, moving in ultra slow-motion”. Significant different story in the German IT sector. Here, the IT-related GGVC with an average yearly growth rate of 5% achieved over the same period 140.42, contributing $285 billion to the German GDP in 2023. Digitalization in healthcare, cleantech, energy, transport, and logistics became the main growth driver and opportunity. Still, about 75% of Germans today are convinced that IT is the key to ensuring quality of life. 95% believe that the “Machine Shop” is lagging in Digitization. Contributing about 1.5 million IT Professionals, the German Generation X and Millennials face the dilemma of transforming, old-school, quality-oriented manufactories into a world-class, service-oriented Industry 4.0. -> HAVE A DIGITAL BUSINESS MODEL FOR LOVERS OF TOY TRAINS & SAUSAGES? -> NEED HELP NAVIGATING BARRIERS SUCH AS LANGUAGE and TIME ZONES? -> LOOKING FOR A TRUSTED GUIDE TO HARMONIZE YOUR NEW B2B RELATIONS? IP LICENSING? Opportunities for Innovative Canadian Companies At www.medstern.ca we support Canadian Leaders in Advanced Digital Technology, including Artificial Intelligence, Machine Learning, and Information Security Solutions, capable of transforming traditional industry sectors such as Healthcare, Transportation, Manufacturing, Automation, Robotics, Energy, and Water. With Canada now a partner nation @ Hannover Messe 2025, the outlook and momentum have never been better. Please visit our B2B Centre and connect with our Business Partners. Watch here: Canada Now Partner Nation at Hannover Messe 2025 https://lnkd.in/gATwMRDE Read here: Digital Transformation B2B Canvas https://lnkd.in/gEGHJUiY hashtags #Canada #Digitization #Industry4 #BusinessMediation #CETA #B2B #HannoverMesse #Germany #ArtificialIntelligence #MachineLearning #MachineShop * All key inventory figures, GFA, GDP, GGVC adjusted for inflation, $ in Canadian Dollar Value (CAD), CAD/EUR Exchange Rate: 0.6667 ** GFA, this economic key inventory figure comprises all assets in an economy for production purposes used repeatedly for over a year or continuously in manufacturing processes, including capital goods, production facilities, machinery, vessels, equipment, IP rights, and more…

Networking is integral to the long-term growth and viability of Micro, Small & Medium Enterprises (MSMEs) as it provides potential solutions to many of the challenges typically faced by such businesses. Connecting with new leads, partners, and suppliers opens the door to a diverse range of new growth opportunities. At the same time, collaboration, knowledge and resource sharing, mentorship and support are all viable ways to overcome limited resource availability and market access. Digital platforms like BBX provide just that through our international community of over 6,000 members across eight countries. We provide a space for like-minded businesses to collaborate, share best practices, and learn from one another, helping them strengthen their resilience and build a foundation for long-term, sustainable growth. Check out our blog post for tips on how to network effectively and more information about how BBX can supercharge your business: https://zurl.co/FLSD BBXWorld #BBXHoldings #BBXBusinessNetwork #b2b #b2bexchange #MSME #SME #communitybuilding #cashflow #trade #smallbusiness #business #entrepeneur #networking

The top 10 announced APAC deals in the first half of 2024 present a combined value of US$44.6bn out of the US$288bn total for the region. Who were the advisors and firms that helped make these deals happen? Learn more about the firms and advisors who supported the top deals across APAC in the Deal Drivers: APAC HY 2024 report. #wheredealsaremade #dealdrivers https://bit.ly/4cWd7L9

💳 Today, Nium announced the expansion of its partnership with Thredd to issue virtual cards in the APAC region. Here's what Thredd CEO, Jim McCarthy, said about the partnership: “APAC presents a substantial opportunity for global travel intermediaries that will in turn spur robust competition, a boon for consumers, and accelerated growth for the global travel ecosystem. Fuelling this unmistakeable growth is the rise of innovative B2B travel payment solutions, like that offered by Nium. Our long-standing collaboration is a great example of how fintech partnerships are propelling other industries forward." Read more: https://lnkd.in/gfWBdnDu

In this 2 minute video, Robert Bast, myCaribou’s Head of Financial Solutions breaks down the biggest factors impacting medtech manufacturers and distributors with foreign exchange and shares how you can eliminate them today. Here are key takeaways: Banks’ Exorbitant Charges: Financial institutions are imposing hefty fees, intensifying financial strains on businesses. Navigating Currency Exchange: Manufacturers and distributors struggle with high fluctuations in exchange rates, directly impacting margins and order flow. Global Competitiveness: Suppliers find it increasingly challenging to uphold competitiveness across global markets as currency exchange costs erode margins, leading to strained distributor relationships. Industry Concerns: A recent survey of over 5000 global distributors revealed that nearly 80% are deeply concerned about rising foreign exchange costs over the next three years, with a majority expressing frustration over the lack of viable solutions. #myCaribou #medtech #fx

ANDOUR CELEBRATES PARTNERSHIPS No one can be best at everything. That's why strong partnerships in fintech B2B are so important. At Andour we are really proud of our partners and see tremendous value in what they bring to our clients. In the dynamic realm of B2B, building robust partnerships isn't just an option – it's a strategic imperative. Collaboration in combination with niche competencies lies at the heart of successful businesses, fostering innovation, growth, and resilience in today's competitive landscape. Here's why nurturing strong partnerships is paramount: 1️⃣  Shared Expertise: Partnering with complementary competencies brings together diverse skill sets and knowledge, amplifying your collective capacity to solve complex challenges and deliver exceptional value to clients.  2️⃣ Access to Resources: Leveraging partnerships grants access to a wider array of resources, including technology, networks, and talent, empowering both parties to tap into new markets and opportunities.  3️⃣ Enhanced Credibility: Aligning with reputable partners enhances your brand's credibility and fosters trust among clients and stakeholders. It reinforces the assurance that you're backed by a network of reliable collaborators.  4️⃣ Innovation Catalyst: Collaborative environments breed innovation. By pooling resources and expertise, partners can co-create innovative solutions that address evolving market demands and stay ahead of the curve.  5️⃣ Adaptability and Resilience: In a rapidly evolving business landscape, adaptability is key. Strong partnerships provide a buffer against uncertainties, enabling businesses to navigate challenges with agility and resilience. At the core of every successful partnership lies a shared vision, mutual respect, and a commitment to mutual growth. We at Andour has a strong network of valued partners that are specialist in their field and we jointly become stronger and can adapt to our customers needs. #B2B #Partnerships #Collaboration #BusinessStrategy #Innovation #Networking #GrowthMindset #Fintech #Exchanges #Financialmarkets #Marketinfrastructure

Beyond Falafel: Israeli #Fintech and #Commerce Take a Bite Out of the Global Market! With a culture of innovation and agility, Israeli startups are continuously developing new solutions that are not only changing the game for businesses but also empowering individuals to manage their finances and make purchases more efficiently and securely. Check out our national booth at MWC and discover the opportunities of commerce over Mobile with Israeli solutions. Shiri Ram Camilla Karimbaeva Eve Ermichin Ofek Venecianer Sivan Kfir Katz Foreign Trade Administration - Ministry of Economy & Industry

🔍 ApeVue Market Insights: ApeVue highlights Bid:Ask volume ratios for the Top Ten Movers for the past 90 days from September 7th to December 5th, 2023. Among the selected companies: 📈 All companies except Klarna have demonstrated more than 50% offer volume. 📉 97% of Flexport’s total volume was for offers. 📉 77% of Klarna’s total volume was for bids. Visit our website to stay ahead of the market with ApeVue's in-depth analysis and insights. https://lnkd.in/dEwNNe_v

COMING SOON from B2B INDUSTRIAL in 2024 🔥✨🚀  2024 is not just another year; it's a chapter in our story where we redefine what's possible. Stay tuned here for sneak peeks, behind-the-scenes, and exclusive insights into the current world of industrial revolution💡💪 From cutting-edge products to state-of-the-art technologies, we're committed to pushing the boundaries of what's possible. Our team has been hard at work these last few years and the results are nothing short of GAME-CHANGING. We can't wait to see what 2024 brings💥🌟 #industrialinnovation #newhorizons #techrevolution #innovationunleashed #2024success #happynewyear #built2blast #innovation #qualitymatters #qualityassurance #qualitycraftsmanship #safetyfirst #sustainble #sustainability #sustainabledevelopment #sustainablebusiness #sustainableproduct #sustainablefuture #sustainabledesign #sustainableconstruction #circulareconomy #carboncredits #miningtech #miningtechnology #miningbusiness #miningengineering #miningindustry #tirerecycling #heavymachinery #technology #patent #patented #patentedtechnology

Unlock FREE data for your small business! 🔓📊 Leverage market research with SizeUp and get insights on your target market, competitors, and suppliers for your business. Free for all Comerica small business customers. Opportunity happens here: https://lnkd.in/gB_EE5qk Member FDIC. #ComericaBank #Comerica #SizeUp #MarketResearch #FreeBusinessResources