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In the world of tech startups, we often hear founders saying “I want to make the world a better place”, in fact, we hear it so much that it can be difficult not to hear it with a sense of cynicism. TV series “Silicon Valley” illustrates this trend quite well.

All successful startups have one thing in common: they all started with a great idea. An idea that made people’s lives easier, solved people’s problems and/or brought them joy.  Everyone thinks their ideas are great and this is largely due to confirmation bias.

Did you know that any company that is striving to take its products and methods above and beyond existing technology is probably doing R&D and may be eligible for R&D tax relief.

In software development the buzz this year is all about AI: 

• The UK government has recently announced an AI Sector Deal

• The EU is throwing its weight behind a similar initiative

The Internet of things (IoT) is the connection via the Internet, of physical objects or ‘things’, i.e., any devices with embedded with electronics, software, sensors, actuators, and connectivity which enables these objects to connect and exchange data. Each ‘thing’ is uniquely identifiable through its embedded computing system but is able to inter-operate within the existing Internet infrastructure. It is a domain where devices communicate, swap data and respond as they have been programmed to do, largely without human interaction or intervention.