The latest Tech Nation Report – UK TECH FOR A CHANGING WORLD – highlights the continuing domination of Artificial Intelligence (AI) in terms of investment in emerging technologies.
The UK is third in the world for levels of AI investment, and second by deal count, and the only country of the top five nations to have demonstrated consistent positive year-on-year growth for the last five years.
Technology verticals such as AI are exciting for their diverse application potential and are fuelling the emergence of new sub-sectors of applied technology, that are disrupting incumbent industries and tackling some of the world’s biggest challenges.
In 2019, Agritech, Healthtech and Cleantech received £2.5bn investment in the UK.
R&D Tax Credits – Keeping up with the trends
Not surprisingly, investment in AI is being reflected in the profile of companies claiming R&D tax credits and the profile of MSC R&D’s client base. Companies like Artfinder, Revlifter and Saberr have all chosen to use MSC R&D as their tax credits advisor – recognising our technical competency in this area.
At MSC R&D we live and breathe technology and make it our business to ensure that our technical experts are the best.
Every member of our team is not only highly qualified, but also highly experienced and understands technology from the business viewpoint. This enables them to ask your team the right questions and drill down into your company’s activities and identify all qualifying R&D.
Don’t just take our word for this – this is what just one of our clients says:
“R&D is the business – our success depends on being able to make our customers’ journey as enjoyable and frictionless as possible. The quicker they find what they really want, the more satisfied they are.
Bringing MSC R&D in was one of best business decisions we have made in recent years. There is no doubt that year on year Colin and John have delivered a smooth, lean and very quick process, with optimum results. But that is not the only benefit we have gained from working with them.
Having the same two highly knowledgeable and experienced experts working with us year on year has also taught the company a lot about our own R&D processes, prompting us to question and refine them. Our R&D project planning and implementation has moved on significantly.”
Michal Szczesny – CEO Artfinder
