The Tech Industry in Brisbane: Progress & Results
Brisbane is one of the most popular cities in Australia and also a tech center with regional impact in Queensland. What else makes Brisbane an important tech center in Australia, is the city’s investment in business research and development, tech & IT education, and skilled workforce. All in all, the core of the IT industry is considered human capital - professionals that choose a career in IT.
However, in order to achieve the desired results and be able to invest in professionals, Brisbane needs, and has an excellent infrastructure that supports all business, career, and educational processes. For example, several leading universities are located in Brisbane - the University of Queensland, Queensland University of Technology, and Griffith University. These educational centers are the key to raising young professionals that will deliver in the near future high-quality services for IT and tech companies, but not only.
Just like in other Australian cities, the IT sector in Brisbane is connected to the rest of the key industries for proficient digitalization. In this way, the Brisbane Digital Strategy aims to double the number of companies that sell products and services online. Another goal of the program is to increase by 35% the productivity growth achieved through digital technologies.
When it comes to the average salary of IT professionals in Brisbane, the numbers show $59K/year, which is considerably lower than in Sydney ($84K/year), but at the same time, it’s the highest salary in Queensland - which makes the job attractive and the IT projects cheaper in Australia.
According to Bubble, Brisbane also has IT accelerators, incubators, and startup programs that grow businesses and invest in IT infrastructure. Igniting Mets Accelerator and Hot DesQ are only a few out of many programs to name.
All in all, Brisbane has a great potential for becoming one of the regional leaders in IT & tech. It all depends on government policies, investments, and human capital.