Finding a way around the problem of infinities in perturbative quantum theory/QFT would not only put the science on a more sound mathematical footing but would also greatly benefit it in other ways. It seems to me that with a rigorous mathematical foundation it's likely phenomena will emerge that would never have been obvious without it. We can only hope the 'discovery' of Écalle's work leads us along that path.
Is t the problem of quantum gravity related? Does this being us closer to a grand unified theory?
It's possible that the mathematical techniques being developed here only work for renormalizable theories. In which case they wouldn't work at all for Quantum Gravity. This would likely signal that there is something else missing that is needed to build a quantum theory of gravity.