Global transformation company UST selects the University of Melbourne as its new headquarters in Australia and New Zealand

UST joins other thought leaders and innovators at Melbourne Connect, building a powerful network of innovations to solve the next generation of societal challenges. Image: Peter Casamento

Leading global technology and transformation company UST has chosen the University of Melbourne’s purpose-built Melbourne Connect innovation precinct for its Australia and New Zealand headquarters, creating 250 new jobs in Victoria over three years.

University of Melbourne Vice-Chancellor Professor Duncan Maskell and Victorian Economic Development Minister Tim Pallas today announced the launch of the Innovation Lab, UST’s first in Australia.

The installation of UST at Melbourne Connect was made possible by the Victorian Government’s International Investment Attraction Fund, part of the InvestVIC initiative designed to attract global businesses to provide the skills, capabilities and technology to drive long-term growth in Victoria’s economy.

Operating in 30 countries, UST manages complex digital business transformations, working with clients from design to operation. The Melbourne lab joins UST’s global network spanning the US, UK, Europe and Asia, bringing together Australian businesses and their customers as well as UST partners in a space to connect, collaborate and create new, smarter ways of doing things of business.

Professor Maskell said the university was delighted to welcome UST to Melbourne Connect.

“Melbourne Connect is a place that brings together the expertise of university, industry and government to unlock new, creative research-led solutions to some of society’s biggest challenges. Adding UST to Melbourne Connect will further enhance the city’s reputation as an international leader in research and innovation,” Professor Maskell said.

UST joins a host of thought leaders and innovators at Melbourne Connect to build a powerful network of innovations to solve the next generation of societal challenges.

Mr Pallas said he was delighted that UST had chosen Melbourne as its new base in Australia and New Zealand. “This is a significant move that further demonstrates Victoria’s enviable appeal as a magnet for leading global digital technology companies,” Mr Pallas said. “This continued investment shows that our strategy to develop a world-class digital technology industry platform and infrastructure to attract multinationals to Victoria is on track, boosting our economy and creating more jobs.”

UST Managing Director for Australia and New Zealand Matthew McCormack said UST had deliberately established its Innovation Lab at Melbourne Connect to take advantage of the community created by co-locating industry, research and start-ups.

“The Victorian Government, through InvestVic, has supported UST to bring our global expertise and market-leading products, platforms and IP to Victoria, which will help drive business value for Australian organizations and accelerate the development of technology talent in Victoria,” d -n – said McCormack.

Melbourne Connect CEO Professor Edward Hovey said he was delighted that UST had chosen Melbourne Connect as the location for their newly established Melbourne Innovation Lab, a first in Australia.

“Having UST’s Australia and New Zealand headquarters at Melbourne Connect is a major coup. UST’s commitment to solving business challenges through innovative digital solutions and their people-centric approach to helping businesses thrive adds significant value to the area and beyond,” said Professor Hovey.

UST’s key technology partners include Microsoft, AWS, Salesforce, Adobe, Google Cloud, SAP, intel, ORACLE and OutSystems, and the Melbourne Innovation Lab and Collaboration Space will be a ‘landing’ to further expand its global portfolio of companies in An ANZ region that focuses on cyber security, customer experience and data and analytics.

These strategic investments from leading multinational companies stem from the Victorian Government’s international investment strategy to attract global firms from growth industries to provide the skills, capabilities and technologies that will drive long-term growth for the Victorian economy.

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