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Australia Leading the Way in Robot Innovation

January 15th, 2016

From the 1950’s Astro Boy and Iron Man comic illustrations to the more recent Wall-E and Chappie characters that lit up our cinema screens – undeniably, robots have frequently been depicted in works of fiction. However, in 2016 is fiction becoming more of an everyday reality?

Indeed, for the past century, innovation in robots, machine and androids has been on an exponential curve. Certainly, 2015 was the tipping point in the global adoption of the Internet, digital medical devices, gene editing, drones, and solar energy. However, 2016 is set to be the beginning of an even bigger revolution and, most notably, Australia leading the way in several examples of machine innovation.

For instance, on the Great Barrier Reef, a robot formed to hunt for and regulate the crown-of-thorns starfish — liable for an estimated 40% decline in the reef’s coral cover — is being dispensed into the wild. The COTSbot, constructed by the Queensland University of Technology, will monitor the Great Barrier Reef and inject the destructive crown-of-thorns starfish with a fatal dose of bile salts. Using GPS technology and powerful thrusters, the robot is constructed to cruise about a metre above the coral surface and using visual recognition technology, will look for the pests. The robot innovation is predicted to greatly assist in the eradication of crow-of-thorns starfish, hence, reducing one of the most significant threats to the Great Barrier Reef.

In addition, machine research in Australia is also spinning off new types of businesses. In Western Australia, a smartphone app for respiratory diseases is being tested at the Joondalup Health Campus. The technology is founded on machine learning algorithms which use only sound to diagnose and measure the severity of respiratory disorders without the necessity for supplementary hardware. The software application is now being taken to market by ResApp Health. The markets for ResApp’s technology include telehealth, emergency departments, clinics, at home use, and for the developing world where the customary hardware is too expensive.

Undeniably, machine innovation is being applied and researched at an increasing rate in Australia. Investment in technology via research and development (R&D) can aid companies in developing new products, equipment, machinery, processes and software that can aid their businesses cash flow, productivity and knowledge. Moreover, if a company is investing in research and development activities in Australia then they may be eligible for tax benefits. In fact, the government encourages businesses within Australia to do this by allowing business owners to offset research and development with the R&D Tax Incentive. Contact Swanson Reed today if you would like to talk to a specialised R&D Tax consultant about the scheme.

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   Payam Toloo  
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 Trustindex verifies that the original source of the review is Google.  Damian Smyth and his team are very helpful, supportive and experts in their field of R&D Tax claims. I'm always happy with the work they do and been a customer of their for over 5 years.
  
 
 
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 31. May, 2022
 
 
 Trustindex verifies that the original source of the review is Google.  The Team at Swanson Reed are very experienced R&D Tax Advisors and gave us ongoing support with all of our R&D Claims, the consultants ensured we were always working with current legislative guidelines, gave us assistance with compiling technical and government documentation and went out their way to ensure they were with us for the entire process from beginning to end.  Highly recommended to anyone who needs assistance with working through what can at times be a daunting process.
  
 
 
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   Gary Watson  
 31. May, 2022
 
 
 Trustindex verifies that the original source of the review is Google.  We can highly recommend Swanson and Reed as an R & D accountant. We have worked with them for several years now as they make our R & D claim so easy and communicate quickly with both us and our accountant.
  
 
 
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         Posted on Google  
   
   Daniel McGregor  
 11. August, 2022
 
 
 Trustindex verifies that the original source of the review is Google.  I have been using Swanson Reed for my clients for more than a decade.  Having a specialist firm that can provide practical and commercial advice that produces real outcomes is very important and we have received great feedback from our clients. Highly recommended.
  
 
 
      Posted on Google  
   
   John  
 15. June, 2022
 
 
 Trustindex verifies that the original source of the review is Google.  Damian and the rest of the team at Swanson Reed have been supporting us for several years.  We always appreciate their insights, expertise, and efforts.
  
 
 
      Posted on Google  
   
   Rueben Rajasingam  
 6. June, 2022
 
 
 Trustindex verifies that the original source of the review is Google.  Experienced responsive Team. They have been a great help to me and my company navigate the R&D tax claim process and have provided invaluable advice.
  
 
 
      Posted on Google  
   
   Enrique Esquivel  
 6. June, 2022
 
 
 Trustindex verifies that the original source of the review is Google.  Damian and the team at Swanson Reed have been extremely helpfully and professional during all of our consultations. Highly recommended.
  
 
 
      Posted on Google  
   
   Jess at Y&C  
 3. June, 2022
 
 
 Trustindex verifies that the original source of the review is Google.  
  
 
 
      Posted on Google  
   
   Anatole Kononewsky  
 2. June, 2022
 
 
 Trustindex verifies that the original source of the review is Google.  The Swanson Reed team have provided our company with exceptional professional advice and assistance for all of our R&D claims for many years - have always achieved great results with excellent value for their services.
  
 
 
      Posted on Google  
   
   Payam Toloo  
 2. June, 2022
 
 
 Trustindex verifies that the original source of the review is Google.  Damian Smyth and his team are very helpful, supportive and experts in their field of R&D Tax claims. I'm always happy with the work they do and been a customer of their for over 5 years.
  
 
 
      Posted on Google  
   
   Melissa Doddy  
 31. May, 2022
 
 
 Trustindex verifies that the original source of the review is Google.  The Team at Swanson Reed are very experienced R&D Tax Advisors and gave us ongoing support with all of our R&D Claims, the consultants ensured we were always working with current legislative guidelines, gave us assistance with compiling technical and government documentation and went out their way to ensure they were with us for the entire process from beginning to end.  Highly recommended to anyone who needs assistance with working through what can at times be a daunting process.
  
 
 
      Posted on Google  
   
   Gary Watson  
 31. May, 2022
 
 
 Trustindex verifies that the original source of the review is Google.  We can highly recommend Swanson and Reed as an R & D accountant. We have worked with them for several years now as they make our R & D claim so easy and communicate quickly with both us and our accountant.
  
 
 
      Posted on Google  
   
   Rob van den Bergh  
 31. May, 2022
 
 
 Trustindex verifies that the original source of the review is Google.  Always professional.
  
 
 
  
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