There will be a massive $224 billion economic dividend for the Australian economy by turbo-charging investments in digital transformation, according to new economic analysis just published for the first time.
The economic benefits are revealed in a report produced by IBRS and Insight Economics and commissioned by enterprise software firm TechnologyOne and quantify for the very first time the $224bn economic opportunity that can be unlocked if the public and private sectors embrace new innovations and replace redundant IT platforms with next-gen Software as a Service (SaaS) technology.
As digital transformation continues to drive new solutions and organisations look for more flexible options, moving services to the cloud is becoming the deployment choice for many.
While on-premises deployments are still a valuable option, many companies are shifting their IT protocols to support cloud-based, multi-cloud or hybrid environments.
Queensland’s agriculture industry will have a new workplace health and safety tool thanks to a Digital Transformation Grant as part of Queensland’s Economic Recovery Plan.
Minister for Agricultural Industry Development and Fisheries and Minister for Rural Communities Mark Furner said the Central Highlands Regional Resources Use Planning Cooperative (CHRRUP) would use its $38,500 grant to develop the SafeStation app, which is custom-made for agriculture being used mostly by clients in Central Queensland.
Read more: AU: Queensland: Grant for farm safety app invests in our agricultural future
The super agency has eight large transformation programs underway that the rest of the Commonwealth hopes to re-use, but the Community and Public Sector Union would argue Services Australia staff are being left behind amid the bureaucracy.
Services Australia is currently undertaking eight major transformation programs, focusing on reusing capability that the agency's CEO of transformation projects Charles McHardie has touted will provide consistency, ease of use for staff, and cost savings.
Read more: Services Australia battling large-scale transformation and an APS IT talent shortfall
Demand for workers with digital skills is soaring, with DevOps professionals leading the way, as COVID-19 has fast-tracked the digitisation of the workforce and exacerbated a skills gap in Australia.
That’s according to research from recruitment agency Robert Half, conducted in partnership with labour market analytics firm Burning Glass Technologies.