[AusNOG] Interesting article regarding lack of investment in Aussie Technology
Chad Kelly
chad at cpkws.com.au
Wed Jul 22 13:25:32 EST 2015
Hi all Just noticed this on the SMH website.
http://www.smh.com.au/business/markets/apple-google-and-microsoft-explain-the-problem-with-australias-sharemarket-20150721-gih04a.html?&utm_source=social&utm_medium=facebook&utm_campaign=nc&eid=socialn%3Afac-14omn0013-optim-nnn%3Anonpaid-25062014-social_traffic-all-organicpost-nnn-smh-o&campaign_code=nocode&promote_channel=social_facebook
I don't know that this article is totally accurate though, as plenty of
Australian providers have been investing in growing their businesses.
But a lot of investors won't invest in tech if their is no innervation,
and you have areas like the hosting industry hear in Australia where a
lot of the bigger players are buying out competitors.
Plus a lot of tech companies hear in Australia are privatly owned, not
publicly listed so its hard to find out whats being invested in. A lot
of Australian companies in the tech space have global relationships and
partnerships it is just they don't have the scale of the likes of Google.
You can't really compare Google with the rest of the Australian tech
industry for that reason as Google have a lot of funds that they can
invest into projects.
--
Chad Kelly
Manager
CPK Web Services
web www.cpkws.com.au
phone 03 9013 4853
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