When car production is reduced due to a computer chip shortage, you realise that software/digital tech development is the key to the future of most existing and new industry sectors. Digitisation has given rise to a whole new set of ….tech markets, ranging from Adtech to Regtech, plus many more.
Enabling technologies such as AI, VR/AR and IoT are being increasingly adopted as companies seek to maintain and improve their competitive position and adapt to the new ways of working, post-Covid.
A year ago, most businesses were running trials with machine learning, and during the pandemic many turned to the technology to aid their responses, applying it in areas such as chat bots, contact centre assistance and demand forecasting.
As a result, the AI market in particular has matured over the past year with a majority of companies now either trialling or in production with AI and planning to up their investment in the technology. As more firms become operationally dependent on machine learning, they’re finding new challenges associated with its risks as well. Security is now the biggest hurdle organizations face with AI systems, and many companies are concerned about ethical perils stemming from the uses of AI.
Given these issues, the security and privacy of machine learning data is now the top consideration for investment, ahead of capabilities to improve the management of the machine learning life cycle, as well as tools for responsible development and deployment.
Why Specialise?
The key to creating an optimised and compliant R&D Tax Credit claim is understanding the projects that qualify. In turn, the key to being able to do this is having both an in-depth knowledge of the underlying technology being used and an in-depth understanding of the objectives, outputs and the market context of the projects being undertaken.
It is only by knowing what the state-of-the-art is in a client’s market and also in other related markets, that a fully compliant claim can be prepared.
And, when you look at the wide range of markets where software solutions are being developed, you can start to see why it is a major task just keeping up to date with innovation in this area, let alone sectors like manufacturing or bakeries!
Why MSC R&D?
So, at MSC R&D, with a 30 year history of helping digital tech businesses and 4 PhDs in Computer Science, we believe that our focussed approach delivers the best service to our clients – all leaders in the software/digital tech world.
- THE HIGHEST VALUE R&D TAX CREDIT CLAIM
- IN THE FASTEST POSSIBLE TIMESCALES
- MINIMISING YOUR TIME AND EFFORT
- ENSURING TOTAL HMRC COMPLIANCE
- PAID ON RESULTS
