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Fives, a major innovator for industrial performance

 

Once again, Fives has demonstrated its ability to innovate. The Group is the 44th most prolific French applicant of international patents, alongside major economic players emblematic of innovation (Valeo, PSA, Safran, Thalès, etc.). This ranking has just been established by the INPI (French National Institute of Industrial Property) for 2019.

The Group has always cultivated its capacity to constantly reinvent itself and to propose technology solutions addressing and anticipating industrial players' needs. Two strategic focuses are at the heart of this approach: digital, and the development of sustainable technologies and solutions meeting the challenge of the environmental transition.

Fives' position in this ranking established by the INPI is one example of this approach. Its bold engineers, customer proximity and constant R&D efforts make Fives a company truly focused on innovation, to look to the future with confidence.

It is also the fruit of a culture of innovation shared with all Group employees. This can be seen in the Fives Innovation Awards, an in-house innovation challenge organized every year over the past decade and open to all Group employees. It rewards technological innovations that address an industrial issue and are economically relevant.

At end-2020, Fives had a portfolio of 2,016 patents in 612 categories. In 2020, the Group invested €28.8 million in Research & Development and filed 50 new patent applications.