DAX companies are investing more in innovation overall. Spending on research and development (R&D) increased between 2021 and 2023, although company profits fell
DAX companies from the technology and automotive industries are among the winners in the innovation ranking
Technology companies such as Infineon and Siemens are benefiting from the megatrends of digitalization and decarbonization and have made significant investments in these areas. The automotive industry has also recognized the need to invest heavily in long-term competitiveness.
Companies in the chemical and consumer sectors are currently finding it more difficult to develop their innovative strength
Companies in the chemical industry are currently finding it much more difficult to invest in innovation due to the very challenging market environment, which is characterized by high energy and raw material prices. In the consumer goods sector, inflation and economic uncertainty among consumers may be having a negative impact on companies’ innovative strength.
Artificial intelligence is playing an increasingly important role
In addition to the ranking, the online presence of DAX companies on the innovation topic of artificial intelligence (AI) was also examined. As in the innovation ranking, technology companies occupy the top positions when it comes to AI. Automotive companies are also mentioned in many online articles in connection with AI and are therefore high up in the AI ranking. Surprisingly, no technology company achieved the highest results by far.
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