Geographic Information Systems and Software Development companies are another class of businesses that will likely qualify for the Research and Development Tax Credit. GIS is a technological field that incorporates geographical features with tabular data in order to map, analyze, and assess real-world problems. The key word to this technology is Geography. This means that some portion of the data is spatial, in other words, data that is in some way referenced to locations on the earth.
On the most basic level, geographic information systems technology is used as computer cartography, that is, for straight-forward mapping. The real power of GIS is through using spatial and statistical methods to analyze attribute and geographic information. The end result of the analysis can be derivative information, interpolated information or prioritized information.
Our engineering staff has vast experience in working with GIS firms to capture your technological activity in order to recoup valuable labor dollars using the credit. If your firm is conducting any mapping and geographical engineering, please contact us to discuss.