Slide1: Australia’s Technology and Innovation Landscape www.anzatechnet.com


The 2004 Olympics: The 2004 Olympics Medal Count 1. United States – 103 2. Russia – 92 3. China – 63 4. Australia – 49 5. Germany – 48 6. Japan - 37


The Real Story of the 2004 Olympics: The Real Story of the 2004 Olympics Medal Count Per Capita (in millions) 1. Australia – 2.45 2. Russia - .643 3. Germany - .585 4. US - .351 5. Japan - .291 6. China - .048 ………its not just in sports that Australia has the potential to successfully compete with the world


Australia is not just the land of the Crocodile Hunter…..: Australia is not just the land of the Crocodile Hunter….. Australia’s economy is one of the most resilient in the world with average growth rates of 3.5% since 1998 (higher than most other countries in the OECD) Australia is the 7th most attractive destination in the world to invest in 2004 according to A.T. Kearney Confidence Index Australia is ranked as having the lowest risk of political instability in the world and considered highly effective at responding to economic challenges and policy direction (World Competitiveness Year Book 2003) Highly skilled and multi-cultural workforce Australia’s telecommunications and ICT markets are 3rd largest in Asia Australia has an innovative culture and R&D infrastructure… it outranks most OECD countries for public expenditure on R&D as a percentage of GDP Australia is ranked 2nd in the world for level of knowledge transfer between companies and universities


Australia is a hot bed of innovation: Australia is a hot bed of innovation An abundance of internationally recognized universities and research institutions Australia has 71 Cooperative Research Centers (CRC’s) designed to encourage collaboration between industry, educational institutes and government by transferring research outputs into commercial outcomes. Australia’s CSIRO, and the university system, have been consistently ranked in the top five worldwide in the level of research and graduates in various areas of the sciences. Australian universities rank in the top quartile of over a thousand computer science research institutions worldwide (based on published journal articles); Australia has been ranked above Singapore, Ireland & Germany in the Technology Achievement Index, a study by the United Nations based on the level of technology creation and use, as well as educational excellence, especially in the areas of science, mathematics & engineering Australia is among the top five countries in terms of programming talent in the world (contributors to the Linux credit file).


Areas of excellence: Areas of excellence Current IT oriented Cooperative Research Centers include: - Distributed Systems Technology - Photonics - Smart Internet technologies - Sensor Signal and Information Processing - Broadband Telecommunications & Networking - Advanced Computational Systems - Research Data Network - Satellite Systems - Robust and Adaptive Systems ………plus significant R&D in Biotech and Life Sciences


Australia’s technological expertise is broad: Australia’s technological expertise is broad At the recent ANZA Technology Network Australian Technology Showcase Conference in Silicon Valley a wide range of technologies were on display: Map Intelligence, CRM Solutions, E-learning Technologies, Next Generation Detection Technology, Security Solutions, Award Winning Business Productivity Technology Melanoma Detection Technology, Water Pump Scheduling Software, Capability Learning Management System, 3D animation software for the body, HR technology solutions Mobile Messaging Applications, world class qualitative evaluation technologies, sophisticated hot food vending machine technology, public transport tracking technology, information retrieval technology, business simulation training technology, digital intellectual property assets technology …………and many more Unlike other countries known for their technological expertise, Australia develops technology solutions across a wide range of verticals


Australia is a large Asia Pacific IT&T Player: Australia is a large Asia Pacific IT&T Player “


Australia is a perfect test market for early stage technology commercialization: Australia is a perfect test market for early stage technology commercialization The domestic market is accessible and growing fast Consumers of technology are sophisticated in their evaluation of new technology products and services Australians are considered early adopters of new technology The domestic market allows companies to fine-tune strategy before they scale to global markets ...............so why don’t we see more global technology success stories ?


Impediments to Global Competitiveness: Impediments to Global Competitiveness Under developed Venture Capital industry to support early stage investing Linkages to global markets and networks have been limited Limited commercialization expertise in key R&D institutions Shortage of world class executive talent to manage global growth A reluctance of Australian entrepreneurs to tackle the global challenge ……but there is change in the works


Recent developments: Recent developments Australian Venture Capital industry is becoming better organized (AVCAL) Partnerships with off-shore VC’s are starting to occur (DFJ and A&B Joint Venture) International networks are successfully being developed to provide springboards into global markets (ANZA Technology Network) World class expat and global executives are being encouraged to migrate to Australia to lead the commercialization efforts (Victorian Government program) Governments and Research Institutions are now realizing the need to think Global from day one.


The Future Opportunity for Australia and its Global Partners: The Future Opportunity for Australia and its Global Partners The deal flow of innovation will continue to be rich and fertile The early stage investing environment will focus on global potential and scale with specific emphasis on the US and Asian markets Global Networks will continue to be developed to provide linkages and go to market assistance for Australian companies Management expertise will become more sophisticated The US-Australia Free Trade Agreement is an acknowledgement of the importance of trade between the US and Australia Success will lead to success


Summary: Summary Australia’s investment in R&D will begin to translate into big opportunities for global investors and partners Australia is a gateway to Asia and therefore represents an excellent in-bound investment opportunity Main resources in the US for interested parties: - ANZA Technology Network - Invest Australia - Austrade


David CanningtonCEOANZA Technology NetworkSan Francisco: David Cannington CEO ANZA Technology Network San Francisco