Key facts
Code summary
Code 723
Official title Research and Experimental Development in Information Technology
Version PSIC 2019
Source layer PSA / BSP
Pr
PSIC 2019 Navigation-first hub Group 723 - Research and Experimental Development in Information Technology
PSIC Group 723 covers Research and Experimental Development in Information Technology. Direct children below it include Research and Experimental Development in Information Technology. It clusters closely related...
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Nearby codes
About this level
Practical summary
Group 723 sits in the PSIC 2019 hierarchy under M Professional, Scientific and Technical Activities > 72 Scientific Research and Development. This group usually narrows the choice to a small family of classes such as Research and Experimental Development in Information Technology. It is useful when two or three neighboring activities look similar but should not be collapsed into one code.
Administrative context
Where this code is used
This group is used when reviewers compare a short list of classes such as Research and Experimental Development in Information Technology and need to decide which family is the closest fit. It is common in internal classification review and administrative lookup work.
Selection note
How to choose it
Use this group when the activity sits between similar classes such as Research and Experimental Development in Information Technology. The safest choice is the one whose wording matches the actual production, service or operating model most closely.
FAQ
What does PSIC Group 723 cover?
PSIC Group 723 clusters a smaller family of classes under Research and Experimental Development in Information Technology and is useful when the business sits between closely related options.
How do I compare Group 723 with sibling groups?
Look at the parent class and the nearby sibling groups. On this page, the most relevant nearby options are 721 Research and experimental development on and 722 Research and Experimental Development on Social Sciences and Humanities.
Why is Group 723 useful for classification?
It sits at the point where a broad sector is already narrowed enough to compare a small family of similar classes before the final code choice.