innoscripta SE, a provider of software solutions for research and development (R&D) management, has significantly expanded its presence in Austria, a market it has been cultivating since 2021. The company announced today that its dedicated Austrian sales team, established this year, has already secured more than 30 Austrian companies as clients, generating an order backlog of over EUR 1 million from concrete customer projects. This rapid growth underscores the increasing demand for specialized R&D tax credit services in the country.
The Austrian R&D tax credit, introduced in 2002, offers a 14% tax credit on qualifying research and development expenditures. In 2024, Austrian companies applied for a total funding volume of EUR 1.4 billion, a figure that surprisingly surpasses the approximately EUR 1.2 billion paid out under Germany's R&D tax allowance in 2025, despite Austria's smaller economy. This robust funding environment has created a fertile ground for innoscripta's innovative platform, Clusterix, which helps companies manage their innovation projects and digitize internal processes.
Sebastian Schwertlein, COO of innoscripta SE, commented on the company's success: "Our rapid market success in Austria is further evidence of the competitiveness of our software-centric approach with the innovative Clusterix platform. We are particularly pleased to have attracted a broad range of new customers across different sectors, including industry and manufacturing, software and IT, logistics, and retail. This demonstrates that our approach works across industries." This diverse client base indicates that the platform's value proposition is not limited to specific sectors but appeals to any company engaged in R&D activities.
innoscripta's expansion into Austria is part of a broader international growth strategy, following its market entries in France, the United Kingdom, and the United States. The company's office in Vienna, previously used primarily to attract talent for its German operations, will now play a crucial role in serving the growing Austrian customer base. This move aligns with the increasing recognition of R&D tax incentives as a key driver for innovation and economic growth across Europe.
The implications of this expansion are significant. For Austrian companies, innoscripta's presence means easier access to tools that can help them navigate the complexities of R&D tax credits, potentially increasing their innovation output. For the broader industry, it signals a growing trend of specialized software solutions addressing the administrative burdens of R&D management, allowing companies to focus more on actual research and development. As innoscripta continues to grow in Austria and other markets, it is poised to play a pivotal role in helping businesses maximize their R&D investments, ultimately fostering a more innovative and competitive economic landscape.
