Sydney is bustling with IT activity and the government is aiming to support this, according to Deputy Premier and Minister for trade and investment, Andrew Stoner.
Stoner made this observation during his keynote speech at Microsoft’s BizSpark APAC Entrepreneur Summit 2012 in Sydney recently, where he gave an update on the government’s Digital Economy task force.
As Australia’s business capital, Stoner feels that Sydney is naturally positioned as the country’s ICT leader, and its growth in this sector is backed by the government.
“There are numerous global ICT companies based in Sydney whose technologies are used world wide, such as Wi-Fi and Google Maps,” he said.
Stoner also reminded the audience that the CSIRO has its home in Sydney.
The NSW Department of Trade and Investment has been selectively investing in the development of ICT projects, which Stoner says is to enable the businesses to respond quickly to market needs.
“Innovation is important in high growth companies, and not just ICT,” he said.
The Government has been running the Collaborative Solutions Program to grow local businesses, and 600 companies have already been approved by the Department.
A free iPad app has also been released to enable entrepreneurs to assess their own strengths and weaknesses.
To enable Australian businesses to compete globally, the Government has set up a branch in the US to market solutions in that region.
According to Stoner, more of these types of branches are on the way in key markets such as Asia and the Middle East.
“The second round of grants for this program were announced at this year’s ceBIT,” he said.
One of the local IT companies that has benefited from the Collaborative Solutions Program is NFC solutions company, Tapit, which has worked together with handset maker, Nokia.
Another is Object Consulting, which has developed cxTravel, interactive travel information software for Microsoft’s Surface platform, the table setup and not the recently announced tablet.
Object Consulting collaborated with Destination NSW, Microsoft and other companies on the project.
The MeTag technology by Centryc Solutions was another local success highlighted in the keynote, which made use of partners such as Sydney’s own Luna Park, Pitney Bowes, and others.
The advantage of the Collaborative Solutions Program highlighted in the speech was that local companies can get useful feedback on their product before it launches.