Information and communication technology
NSW is Australia's premier market for digital creative and information communication technology (ICT) industries with the largest ICT sector and highest number of technology start-ups in Australia.
With vast innovative talent driving new technologies, advanced research and innovation institutions and a favourable regulatory and business environment the NSW ICT sector offers great opportunities for investing, moving or starting a new business.
NSW, Australia's ICT capital
NSW is Australia's ICT capital with significant competitive advantages:
- We operate in a time zone that bridges markets closing in the US and opening in the UK and Europe.
- We are ideally situated to service fast growing Asian markets.
- We have leading telecommunications infrastructure, including nine landings of international high-capacity fibre optic cables that link the state to Asia, Europe and the United States.
- We lead all other Australian states and territories with ICT research capabilities and have 11 universities producing more ICT graduates than any other state.
- We have a large pool of skilled labour with more people working in ICT-related fields than any other state.
- We provide direct access to venture capital and Australia’s largest financial services industry.
- We produce around 50 per cent of Australia's ICT exports – valued at close to A$1.3 billion annually.
- Our ICT-based research institutes offer access to top talent and unique collaboration opportunities, including Australia’s largest data innovation group, Data61.
- Sydney is the national headquarters for more multinational companies than any other Australian city, including ICT firms such as Amazon Web Services, Google, Microsoft, Dropbox, LinkedIn, Twitter and cloud computing provider Rackspace.
In May 2016, we published Sydney and NSW, Australia’s ICT and Digital Capital which outlines the state’s ICT and digital strengths concurrently with the CeBIT 2016 event.
How the NSW Government supports ICT
The NSW Government directly engages ICT companies with a range of programs and practices to support development of the ICT sector for the creation of jobs.
Jobs for NSW
Jobs for NSW is a private sector led and NSW Government backed initiative that aims to maximise the competitiveness of the NSW economy to create new jobs.
The Innovate NSW program connects technology developers and businesses in key sectors to develop globally competitive B2B solutions that address compelling needs. Funds are available through the program to help companies improve technology, build prototypes and to form consortia and move to full-scale development.
Knowledge Hubs are industry led collaborative partnerships centred on NSW industry sectors.
They bring together businesses, research organisations and industry associations, covering areas of energy innovation, financial services, digital creative, medical technology and transport and logistics.
Approximately $1.7 million in government funding will support the projects of industry led hubs such as fintech hub Stone & Chalk.
Showcasing ICT to the world through events such as CeBIT, Australia’s premier event for the ICT and business technology industries, held annually in Sydney. As the official partner of CeBIT Australia the NSW Government provides an opportunity for established and startup ICT companies to display their wares to potential investors and collaborators.
International business and talent
Attracting new ICT businesses to the state including through a network of international offices and investment specialists to help foreign investors identify business opportunities and develop strategic partnerships in NSW.
Harnessing the potential of business and skilled migration to grow the economy, including the ICT sector
Fostering and encouraging a lively state innovation system particularly by promoting productive links between business, the professions, universities and government through the Office of Chief Scientist & Engineer
Offering scholarships of $1,000 to people interested in training in science, technology, engineering or mathematics (STEM).
With demand increasing for people with STEM skills, 25,000 Jobs of Tomorrow scholarships are being made available over four years for students commencing selected qualifications.
NSW ICT Strategy
The NSW ICT Strategy outlines the NSW Government’s major initiatives to drive better service delivery, greater transparency and better value from investment to meet the needs of the people of NSW.
Watch our video
We’ve developed a video where some of the state’s leading business entrepreneurs relay how NSW has diverse and strong ICT business environment.