Commonwealth Bank (CBA) will be the first tenant in Lot Fourteen’s Entrepreneur and Innovation Centre, announcing today it will establish a Technology Hub in South Australia, creating 150 technology specialist roles within five years.
South Australia’s growing global reputation for hi-tech, health innovation and entrepreneurship continues to attract multinational companies to the state. CBA believes Adelaide has the potential to be a major centre for technological innovation.
“I know I’ve said it before, but I’ll continue to keep saying it – SA is unreservedly the hi-tech state,” Premier Marshall said.
“We are delighted to welcome Commonwealth Bank setting up a Technology Hub at Lot Fourteen and creating 150 local jobs in our state.
“Lot Fourteen has turned into a beacon for global and leading Australian companies. Commonwealth Bank is joining the likes of Microsoft Azure, Google Cloud, Amazon Web Services, the Australian Institute for Machine Learning and LVX Global.”
Minister for Trade and Investment Stephen Patterson said the Technology Hub will be amongst some of the best companies and organisations in the world.
“This Technology Hub will share in this innovation network, collaborating, sharing ideas and learning from others in similar roles and Lot Fourteen is the perfect location for this to occur,” Minister Patterson said.
“It is a world-class innovation district with a curated, collaborative research and business ecosystem dedicated to driving productivity and solving complex global challenges.”
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.
“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,” said Commonwealth Bank’s CIO for Technology, Brendan Hopper.
CBA will be established at Lot Fourteen by the end of 2022.
To learn more about the opportunities on offer, click here.
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