February 23, 2024

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Western Australia Launches Data Platform to Boost Innovation

The Western Australian Government has launched Dealroom WA, a new data-driven public dashboard to develop the State’s early-stage innovation ecosystem. The region’s Innovation and ICT Minister announced the platform at the recent Perth Morning Startup event held at Spacecubed’s headquarters in the city, with the announcement being welcomed by a large group of local start-ups.

Dealroom WA displays the latest information on start-ups, innovators, high-growth companies, scale-ups, corporates, funding rounds, and investments from across Western Australia. The platform provides real-time and historic information on the size and activity within WA’s early-stage innovation ecosystem, including support systems such as accelerator programs, co-working spaces, universities, grants, and assistance.

The data presented across the platform is consolidated through publicly available information, manual research, and verification with the start-ups themselves and through ecosystem partnerships.

Founded in Amsterdam in 2013, the Dealroom platform services a global network of governments, tech ecosystems and jurisdictions. The platform tracks information from more than 500,000 start-ups globally, and last year collected data on US$700 billion worth of funding deals. Subscription to the Dealroom platform has been made possible with funding from the AU$16.7 million New Industries Fund.

The Innovation and ICT Minister stated that the government is committed to supporting local start-ups and innovators, and today’s launch of Dealroom WA provides the sector with an insightful tool for making better-informed decisions. The innovative, data-driven platform will be the first time the entire innovation ecosystem has been mapped for public view in Western Australia.

Through the platform, the scale and expertise present across the State’s innovation sector can be highlighted and supported. In turn supporting local start-ups to engage investors, service providers and policymakers. With Government support for these local innovators, through initiatives like Dealroom WA, the diversification of the economy and creation of the jobs of the future for Western Australians can be driven.

Recent research found that the global smart government market was valued at US$21.9 billion in 2021, and is projected to reach US$124.7 billion by 2031, growing at a CAGR of 19.4% from 2022 to 2031.

Smart government often consists of the use of intelligently networked information and communication (ICT) technology to manage business activities related to government and administration. It comprises e-government and open-government initiatives as well as big data and open-data initiatives and includes long-term government and administrative activity in the age of the internet of things and the internet of services; based on the internet of systems, the internet of people, and the internet of data.

The growing adoption of technical innovations, rise in government investments in smart government technology, and the high acceptance rate of cloud-based solutions are the factors that drive the growth of the smart government market.

In addition, increase in penetration of smartphones coupled with fast internet connectivity, an upsurge in preference among consumers for smart governments, and widespread adoption of e-government features in developing countries accelerate the smart government market growth.

The COVID-19 pandemic had a positive impact on the smart government industry, owing to an increase in usage and adoption of online and digitalised public sector operations among consumers and government authorities globally. Currently, smart governments are experiencing massive growth as consumers are growing familiar with the digital technologies in the market.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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