US-based digital trailblazer Cognizant will establish its first Asia Pacific Collaboratory in Melbourne, creating up to 110 new high-skill jobs.
Cognizant’s Melbourne-based Collaboratory space will be collocated with their Australia New Zealand headquarters and will be used by strategists, designers, technologists, data scientists and human sciences experts to work with customers and partners to develop digital solutions that will help improve business services.
Minister for Small Business, Innovation and Trade Philip Dalidakis met with Cognizant Digital Works President Gajen Kandiah in New York over the weekend and welcomed the company’s decision to locate their state-of-the-art facility in Melbourne – Australia’s tech hub.
The company plans to work with local universities, including The University of Melbourne, Monash University and Melbourne Business School, to source talent for the new Collaboratory with consulting strategists, designers, data scientists and technologists positions to be filled.
Cognizant has a market capitalisation of approximately US$33 billion, with its annual revenue last calendar year more than US$12 billion. It joins the growing list of leading US tech companies that have chosen to expand or establish operations in Melbourne over the past 12 months, including CultureAmp, GoPro, Slack and Square.
A report by Cognizant in 2015 estimated that digital transformation would unlock an incremental US$20.1 billion in revenue opportunity for surveyed companies in the Asia Pacific region by 2017.
The Andrews Labor Government is investing heavily in startups and the state’s tech sector, through our $60 million LaunchVic initiative, to drive high-skill jobs across the state and make Victoria the number one business destination across the Asia Pacific.
Quotes attributable to the Minister for Small Business, Innovation and Trade Philip Dalidakis
“Cognizant’s new Collaboratory opening in Victoria is a huge vote of confidence for our local tech sector and the growing talent pool we have here.”
“To have another world leading digital company choose Melbourne as its operational base for Australia and the Asia Pacific region cements our reputation as a magnet for tech and business investment.”
Reviewed 19 August 2020