IBM has officially opened its new research and development facility in Melbourne, placing a strong emphasis on ‘smarter planet’ technologies.
The lab, which is located on Lygon St in Carlton, has been operational since early 2011 and will employ 150 people within five years. IBM has already begun assembling a team of research scientists of local and international research talent. A number of research projects are underway with key partners, including the University of Melbourne.
The lab will focus on three key areas including smarter natural resource management; natural disaster management and healthcare and life sciences.
IBM invests about $US6 billion annually in R&D and has about 3000 researchers distributed in its research labs across the globe, including several Nobel Prize laureates.
Victorian premier, Ted Baillieu; Innovation Minister, Kim Carr; Victorian Minister for Technology, Gordon Rich-Phillips; IBM senior vice-president and director of research, Dr John Kelly; University of Melbourne vice-chancellor, professor Glyn David and IBM Australia managing director, Andrew Stevens, were present at the opening.
IBM's intentions to open an R&D lab in Melbourne was first announced in October last year.