The rapid adoption of cloud computing services to drive corporate and government digital transformation programs across Australia has led to three international tech companies targeting the country for expansion, with fresh investments totalling $326 million.
US data centre giant Equinix is investing $225 million in a new Sydney facility to meet increased demand for computing capacity, while networking stalwart Cisco is pouring $61 million into a new plan to invest in local start-ups, develop critical infrastructure and help digitise government departments.
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Paul Smith edits the technology coverage and has been a leading writer on the sector for 20 years. He covers big tech, business use of tech, the fast-growing Australian tech industry and start-ups, telecommunications and national innovation policy. Connect with Paul on Twitter. Email Paul at psmith@afr.com
