Commonwealth Bank establishes a Technology Hub in SA

Commonwealth Bank today announced it will establish a Technology Hub at Lot Fourteen in Adelaide, creating 150 technology specialist roles within five years.

 

The Technology Hub will employ and train skilled technology staff, including software engineers, data scientists and cyber security specialists.

 

As South Australia’s global reputation for hi-tech, health innovation and entrepreneurship continue to attract multinational companies to the state, CBA believes Adelaide has the ingredients to be a major centre for technological innovation, collaboration and will help Australia advance towards becoming a more digital economy.

 

South Australia’s hi-tech sector has a reputation that is now recognised around the world by global brands.

 

CBA is joining the likes of Microsoft Azure, Google Cloud, Amazon Web Services, the Australian Institute for Machine Learning and LVX Global at Lot Fourteen. 

 

“South Australia’s reputation for building a hi-tech ecosystem that connects global companies with some of the best in artificial intelligence, machine learning, data analytics and cyber security has created an enviable innovation environment.

 

The Technology Hub will be amongst some of the best companies and organisations in the world with South Australia home to some of the world’s most innovative companies that are utilising industry powerhouses such as the MIT bigdata Living Lab, the Australian Institute for Machine Learning, the Australian Cyber Collaboration Centre and the Australian Space Agency. 

The Technology Hub will share in this innovation network, collaborating, sharing ideas and learning from others in similar roles and South Australia is the perfect location for this to occur. Lot Fourteen is a world-class innovation district with a curated, collaborative research and business ecosystem dedicated to driving productivity and solving complex global challenges.

 

Commonwealth Bank’s CIO for Technology, Brendan Hopper, says South Australia and Lot Fourteen will complement the bank’s technology expertise.

 

“CBA is excited about the focus on technology, innovation and entrepreneurship in South Australia. South Australia’s focus on artificial intelligence, data and cyber security are particularly aligned with the skills we see CBA and Australia needing to develop as we move towards a more digital economy,” Mr Hopper said. 

 

“We believe that the collaborative environment at Lot Fourteen has incredible potential to encourage innovation and spark inspiration between different teams, organisations and sectors – on the one campus.”

 

The Technology Hub will provide career development and innovation for new entrants to the technology sector through CBA’s graduate, intern and technology associates programs, as well as providing the opportunity to reskill people who are already in the ever-changing technology sector.