NSW - the new Silicon Valley
4 May 2015
NSW is Australia's international information and communication technology (ICT) capital, it accounts for 43% of Australia's total ICT businesses and 50% of the nation's telecommunication, computer and information services exports.
In addition, nearly 200,000 people work in the NSW ICT industry.
Equinix invests US $100 million
NSW Minister for Trade, Tourism and Major Events, Stuart Ayres has welcomed the decision by US company Equinix to invest close to US $100 million in a new data centre in Sydney.
"Continued investment in NSW by ICT companies confirms our State is fast gaining a reputation as the Asia Pacific's new Silicon Valley," Mr Ayres said.
Equinix, a global interconnection and data centre company, plans to build a large-scale data centre in Sydney - its fourth in the city and fifth in Australia. It is part of the company's growing global platform consisting of more than 100 data centres across five continents.
"Since 2011, the NSW Government has helped attract almost 30 international ICT companies to the State – including big names such as Dropbox," Mr Ayres said
"NSW is already Australia's ICT and technology leader – our State accounts for 43 per cent of the nation's ICT businesses and 32 per cent of ICT graduates," Mr Ayres added.
Read more about Equinix case study.
CeBIT - the largest technology exhibition in Australia
CeBIT, the global business technology event will begin tomorrow in Sydney at Sydney Olympic Park and runs until Thursday 7 May. This event is expected to attract some 20,000 people and 450 exhibitors.
Other ICT companies which have established in Sydney since 2011 include US company Rackspace, Indian startup Avekshaa Technologies and Hong Kong company Belimark, the official agency in Australia and New Zealand for Chinese search engine Baidu.
Interested in investing in Sydney or NSW?
NSW Trade & Investment provides assistance to companies considering investing in Sydney and NSW contact us to speak to one of our business advisors.
Read more about investing in Sydney and NSW.