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Victorian Tech Firms Announce Deals at CommunicAsia

01 June 2016

Three leading Victorian tech companies have announced a range of partnerships, licensing deals and ventures at Asia’s largest integrated ICT event, CommunicAsia 2016.

The companies are among more than 40 Victorian businesses participating in the trade mission to Singapore led by the Minister for Small Business, Innovation and Trade Philip Dalidakis.

Melbourne-based software developer flexAnswer was recently awarded a three-plus-two year Whole of Government contract for the provision of a Virtual Assistant (VA) system to all Singapore Government agencies.

There are now 18 Singapore Government agencies that have rolled out the flexAnswer VA service with many more due to come on board. flexAnswer was also awarded a VA system contract with Tenaga Nasional Berhad, the largest Malaysian electricity supplier.

Victorian laser technology company Optotech has successfully developed and commissioned three new innovative laser-based systems for hard disk drives for leading computer hardware company Seagate in Malaysia. Seagate holds 40 per cent of the world market for hard disk drives and data storage devices.

Cloud-based software company Urbanise also announced it has selected Singapore as its base in the region and is partnering with a number of global companies in the property and facility management sectors to deliver and improve building efficiencies and reduce operational costs.

These deals further highlight Victoria’s reputation as a magnet for tech investment in the Asia Pacific. Victoria’s tech industry now generates more than $34 billion in annual revenue and employs more than 83,000 people across the state.

Victoria’s presence at CommunicAsia this year also provides a great opportunity to grow our relationship with businesses and investors in Singapore – a relationship which is primed to grow much stronger this year with the opening of a new trade and investment office in-country.

Quotes attributable to the Minister for Small Business, Innovation and Trade Philip Dalidakis

“Victoria is leading the country in tech and events like CommunicAsia are the best platform for our local companies to showcase their ideas and expertise to the rest of the world.”

“Targeted trade missions are a great opportunity for Victorian businesses to engage with some of the world’s industry experts and explore trade and investment opportunities that will help them expand their business and grow more jobs at home.”

Reviewed 19 August 2020

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