France: Digitalization of businesses offers new opportunities for Finnish software providers

France has over 3.9 million businesses, of which 300 are large enterprise, 6k mid-caps and 140.000 SMEs, with micro businesses making up the remainder.

Traditionally, French companies' have low investment in digitalization. This is especially the case for SMEs. To address this low investment, French companies are increasingly implementing digital technologies and solutions.

Currently, French companies spend more than EUR 60 billion annually on digital services. Nearly 40% of this spend involves software and cloud solutions. The digitalization of businesses is also supported by France's RRF recovery fund.

Companies and sectors benefiting from this opportunity

French companies are investing in software and IT services related to ERP, finance, HR, supply chain management, sales, CRM, digital marketing, e-commerce, and data analytics. This ongoing digitalization drives the need for cybersecurity solutions. The demand for AI-based solutions in different business areas is growing. French companies are moving increasingly towards cloud-based solutions.

Solutions or products needed

Enterprise software and IT services, including ERP and supply chain management, finance & HR, sales and marketing, CRM, e-commerce, cybersecurity, data analytics, AI, blockchain.

Team Finland services and activities available for Finnish companies

Market specific advice on the French enterprise software market

New report on French enterprise software market. This is provided on request.

Webinar on the French enterprise software market, presenting trends and opportunities, related business channels and how to address the market. Date: February 14th, 2024.

Online matchmaking events between Finnish software providers and potential French business partners, spring & autumn 2024. (TBC)

For more information please contact Henriikka Yliheljo, Counsellor, Trade and Investment, Embassy of Finland, Paris.