The Allan Labor Government is fueling job creation and tech innovation by supporting Podium Australia’s expansion in Melbourne. This initiative will create 55 skilled jobs in the digital technology sector. Podium, a US-based tech unicorn, focuses on AI and tech services, helping businesses improve customer service and online presence. The expansion is driven by the company’s success in new US products, including AI tools and payment systems. Victoria’s thriving tech scene contributed $35.6 billion to the economy in 2023, reinforcing its position as a hub for digital innovation.
Podium Australia’s Rapid Growth in Melbourne
Starting as a small project in 2014, Podium has grown to a US$3 billion company with more than 1,000 employees globally. Supported by the Victorian government, Podium established its Australian subsidiary in 2018, and today serves over 4,000 customers across Asia. The company’s APAC headquarters in Melbourne represents its largest international operation, demonstrating the state’s appeal to tech giants looking to expand. The company’s strategic focus on innovative products like VoIP phones and first-party payment systems has seen rapid uptake in the US and is expected to drive further growth in Australia.
Tech Sector’s Impact on Victoria’s Economy
Victoria’s digital sector continues to thrive, with over 279,000 tech professionals working across 22,500 businesses. The $35.6 billion contribution to the economy in 2023 underscores the state’s commitment to fostering technology-driven innovation. The Victorian government’s policies have successfully attracted overseas investment, securing $4.3 billion in foreign capital during the 2022/23 period and creating 2,500 local jobs.
Statement from Key Leaders
Minister for Economic Growth Tim Pallas highlighted the importance of backing companies like Podium, emphasizing the positive impact on job creation and economic growth. He noted that Victoria is increasingly recognized as a prime destination for tech companies to innovate and expand. Similarly, Brad Granger, Podium Australia’s Country Manager, expressed the company’s dedication to revolutionizing customer engagement for Victorian businesses, reinforcing its commitment to growing its presence in Melbourne.
Victoria’s Strategy for Sustaining Growth
The state’s digital expansion reflects broader efforts to maintain its standing as a leader in tech innovation. Government backing of firms like Podium demonstrates a deliberate focus on long-term strategies for economic growth. By investing in tech and AI-driven solutions, Victoria is well-positioned to remain competitive on both domestic and international fronts, with its thriving ICT ecosystem setting the stage for continued success.
