{"id":133426,"date":"2021-04-23T04:29:30","date_gmt":"2021-04-23T04:29:30","guid":{"rendered":"https:\/\/www.innovationaus.com\/?p=17531"},"modified":"2021-04-23T04:29:30","modified_gmt":"2021-04-23T04:29:30","slug":"why-wont-this-govt-talk-about-software","status":"publish","type":"post","link":"https:\/\/radiofree.asia\/2021\/04\/23\/why-wont-this-govt-talk-about-software\/","title":{"rendered":"Why won\u2019t this govt talk about software?"},"content":{"rendered":"<p><strong>There is something perplexing<\/strong> about the way our federal government talks about industry development policy, according to Brisbane-based AI scale-up Max Kelsen chief executive Nick Therkelson-Terry. It never talks about software.<\/p>\n<p>The greatest wealth-creating industry the world has ever known, and our federal political leaders don\u2019t spruik its value, as a job-creator, export-earner, or productivity-driver. Yes, this is indeed perplexing.<\/p>\n<p>Max Kelsen was established in 2015 around the time of the National Innovation and Science Agenda \u2013 the Ideas Boom \u2013 when startups and innovations were recognised and riding a high-profile wave of federal love.<\/p>\n<p>And while the residual benefits of the Malcolm Turnbull-inspired NISA continue to have a positive impact, this government has gone quiet on the software sector. Perplexing is a good word for it.<\/p>\n<p>In this episode of InnovationAus.com\u2019s Commercial Disco, Mr Therkelsen-Terry talks about the boundless opportunity of artificial intelligence as a horizontal, general technology, and Max Kelsen\u2019s largely bootstrapped fast growth.<\/p>\n<p><iframe style=\"border: none; min-width: min(100%, 430px);\" title=\"Nick Therkelsen-Terry, Chief Executive, Max Kelsen\" src=\"https:\/\/www.podbean.com\/player-v2\/?i=5h75b-100a791-pb&amp;from=embed&amp;square=1&amp;share=1&amp;download=1&amp;skin=1&amp;btn-skin=7&amp;size=300\" width=\"100%\" height=\"300\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\" data-name=\"pb-iframe-player\"><\/iframe><\/p>\n<p>And he talks about the frustration of running a high-growth company in a high-value market that has limitless export potential in a country where that opportunity is not recognised, let alone seized.<\/p>\n<p>\u201cI would love for someone in government \u2013 in the federal government and preferably the Prime Minister \u2013 to get up and say: \u2018Software is an important industry for this country\u2019,\u201d Mr Therkelsen-Terry said.<\/p>\n<p>\u201cWe hear about advanced manufacturing, we hear about tourism and about everything else, but the world \u2013 and I had to break this to everyone \u2013 the world is software now.<\/p>\n<p>\u201cEverything is software now. The biggest companies in the world are software companies \u2013 and yet our policy-makers seem completely incapable of saying the word \u2018software\u2019,\u201d he said. \u201cThat to me is totally perplexing.\u201d<\/p>\n<p>Max Kelsen has grown from a standing start in 2015 to a company with 50 employees and more than 50 per cent of its revenue now coming from outside Australia. It has done this without taking on VC partners (although it did a tiny family-and-friends round), self-funding incredible growth.<\/p>\n<figure id=\"attachment_15008\" aria-describedby=\"caption-attachment-15008\" style=\"width: 800px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" class=\"size-full wp-image-15008\" src=\"https:\/\/www.innovationaus.com\/wp-content\/uploads\/2020\/10\/Max-Kelse-Nick-Therkelsen-Terry-800x600-1.jpg\" alt=\"Nick Therkelsen-Terry\" width=\"800\" height=\"600\" srcset=\"https:\/\/www.innovationaus.com\/wp-content\/uploads\/2020\/10\/Max-Kelse-Nick-Therkelsen-Terry-800x600-1.jpg 800w, https:\/\/www.innovationaus.com\/wp-content\/uploads\/2020\/10\/Max-Kelse-Nick-Therkelsen-Terry-800x600-1-320x240.jpg 320w, https:\/\/www.innovationaus.com\/wp-content\/uploads\/2020\/10\/Max-Kelse-Nick-Therkelsen-Terry-800x600-1-768x576.jpg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><figcaption id=\"caption-attachment-15008\" class=\"wp-caption-text\">Nick Therkelsen-Terry: The CEO of AI outfit Max Kelsen wants a spotlight on software<\/figcaption><\/figure>\n<p>The company has built an AI platform product and its continued build through AI consulting services and custom development of the platform. Its corporate customers include Woodside, the big banks, and Dominos, but its biggest market is among top-tier health care and life sciences \u2013 particularly in diagnostics.<\/p>\n<p>Its product provides a weightless export built entirely in Australia, Mr Therkelsen-Terry says, another reason the lack of discussion about software, and the lack of enthusiasm in the language used to describe tech builders.<\/p>\n<p>\u201cThe language that\u2019s used around the technology sector doesn\u2019t reflect the opportunity that the sector will provide for decades to come,\u201d he said. \u201cI just want to see our sector get the recognition and the impetus from policy-makers.\u201d<\/p>\n<p>Australia will continue to dig things out of the ground, and it will continue to manufacture things, he says.<\/p>\n<p>\u201cBut we will also build software and ship it to the world and we will create a [software] sector here in Australia in what is the most transformational industry that we have seen in 100 years.\u201d<\/p>\n<p>Mr Therkelsen-Terry also discusses the Research and Development Tax Incentive and the way it is applied to software. And he talks about a nation in lock-down due to COVID, and the specific challenges and opportunities this creates for accessing global talent.<\/p>\n<p>\u201cThe R&amp;D Tax Incentive is an excellent policy and should certainly be retained. But the main thing is that we need clarity,\u201d he said.<\/p>\n<p>\u201cThere seems to be a view that software isn\u2019t R&amp;D, that R&amp;D has to be done in a lab or done with physical things and can\u2019t possibly be done with software.<\/p>\n<p>\u201cAnd this has caused businesses like ours and across the sector a lot of grief.\u201d<\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/www.innovationaus.com\/why-wont-this-govt-talk-about-software\/\">Why won\u2019t this govt talk about software?<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/www.innovationaus.com\/\">InnovationAus<\/a>.<\/p>\n\n<p class=\"syndicated-attribution\">This post was originally published on <a href=\"https:\/\/www.innovationaus.com\/why-wont-this-govt-talk-about-software\/\">InnovationAus<\/a>. <\/p>","protected":false},"excerpt":{"rendered":"<p>There is something perplexing about the way our federal government talks about industry development policy, according to Brisbane-based AI scale-up Max Kelsen chief executive Nick Therkelson-Terry. It never talks about software. The greatest wealth-creating industry the world has ever known, and our federal political leaders don\u2019t spruik its value, as a job-creator, export-earner, or productivity-driver&#8230;.<\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/www.innovationaus.com\/why-wont-this-govt-talk-about-software\/\">Why won\u2019t this govt talk about software?<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/www.innovationaus.com\/\">InnovationAus<\/a>.<\/p>\n","protected":false},"author":626,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12011,3436,5825,5826,1892,20307],"tags":[],"_links":{"self":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/133426"}],"collection":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/users\/626"}],"replies":[{"embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/comments?post=133426"}],"version-history":[{"count":2,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/133426\/revisions"}],"predecessor-version":[{"id":133481,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/133426\/revisions\/133481"}],"wp:attachment":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/media?parent=133426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/categories?post=133426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/tags?post=133426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}