Indian ICT company, Ray Business Technologies, has opened its Australian headquarters in Melbourne.
Known as Raybiztech, it plans to create about 30 high-skilled ICT jobs in the next couple of years.
According to Ray Business Technologies co-founder and managing director, Ajay Ray, the decision to set up in Melbourne was based on costs, availability of a job-ready ICT workforce, market access, infrastructure maturity, government policies and ICT strategies.
“We considered different options and Melbourne came out in front as the best location and the place that best met our business requirements,” Ray said in a statement.
“The Victorian Government provided us with assistance to information services on a range of matters such as company and workplace regulations, indicative salaries and relocation guides. Its own ICT policies and strategies, such as the eServices register was also a factor.”
Headquartered in Hyderabad, India, with offices in the USA and UK, Raybiztech delivers cloud, mobility, big data and social media solutions to its global base of enterprise clients, across market sectors such as finance, healthcare, manufacturing, media, leisure and utilities.
The Victorian Government Business Office (VGBO) had initially met Raybiztech at an Oz Fest event in India in October 2012 during a trade mission, with the relationship subsequently evolving out of this initial meeting.
Raybiztech joins a succession of organisations to have announced new ICT operations, technology investments and job creation in Victoria since the start of the year, including India’s Cyient, Dexler and Servion and US companies Asurion, TinTri and Equinix.
Minister for Technology, Gordon Rich- Phillips, said Victoria was now home to a $34.2 billion ICT sector, employing more than 91,000 people.
The Victorian Coalition Government has facilitated more than $1.4 billion in new technology-related investment, which is creating more than 5500 new jobs,” Rich-Phillips said.