Menu
Xero to open new Canberra office in Aussie expansion

Xero to open new Canberra office in Aussie expansion

Growing company will hire developers in the second half of 2014

Xero Australia managing director Chris Ridd.

Xero Australia managing director Chris Ridd.

Cloud software company, Xero, is set to expand its presence in Australia with a new office in Canberra and the hiring of additional staff.

The expansion comes as the company passes the $NZ100m in annualised revenue for the first time after it recorded monthly recurring subscription revenues of $NZ8.6 million in May.

Full year operating revenue to March 2014 was $NZ70.1m. Xero chief executive, Rod Drury, said passing the $NZ100m annualised revenue mark was a huge milestone for any tech company.

"We’re so proud to have got there so quickly”. It now has 120,000 Australian customers and more than 50,000 in the UK. In Australia, it has 144 staff across five offices.

According to a company statement, a number of developer roles will be opening up in the new Canberra office in the second half of 2014. "During a time when many public sector jobs are under threat in the ACT following this year’s Federal Budget, Xero is committed to creating employment opportunities in our nation’s capital," the statement said.

Xero Australia managing director, Chris Ridd, said the company could see value in investing in ACT Partners and customers, and continuing to grow our presence in the region. “We are dedicated to providing localised support across Australian business hubs, such as the ACT, that have shown a real eagerness to adopt cloud based accounting software,” he said. Xero’s new office at 10 Rudd Street, Canberra, will open on June 16.

Read More:

Follow Us

Join the ARN newsletter!

Error: Please check your email address.

Tags chris riddrod druryXero chief executiveXero Australia managing director

Upcoming

Slideshows

In Pictures: Houston, we have a bug - 9 famous software glitches in space

In Pictures: Houston, we have a bug - 9 famous software glitches in space

There’s never a good time to run into software bugs, but some times are worse than others - like during a mission to space. Spacecraft of all shapes and sizes rely heavily on software to complete their objectives. But those missions can be quickly ended by the simplest of human errors when writing code. The omission of an overbar here or overflow error checking code there can mean the difference between success or failure, not to mention the loss of hundreds of millions of dollars, years of work and, on manned missions, human life. Use the arrows above to read about 9 examples that show that, despite the care with which these systems are built, bugs have occurred in spacecraft software since we started to fling rockets into space - and will, no doubt, continue to crop up.

In Pictures: Houston, we have a bug - 9 famous software glitches in space
IN PICTURES: Windows 10 Sydney launch

IN PICTURES: Windows 10 Sydney launch

Tech lovers and party-goers alike headed down to Mrs Macquarie's Chair to be part of the world-first Windows 10 Launch Party. The night featured a presentation by Microsoft Australia managing director, Pip Marlow, DJs, live demonstrations and digital artistry by Lister.

IN PICTURES: Windows 10 Sydney launch

iasset.com is a channel management ecosystem that automates all major aspects of the entire sales, marketing and service process, including data tracking, integrated learning, knowledge management and product lifecycle management.

Show Comments