Feeds

China outsourcer creates Melbourne jobs

VanceInfo taps into Vic IT funding

The essential guide to IT transformation

The Victorian government is claiming a payoff for its $AU85m ICT strategy, with US-listed, Chinese-headquartered VanceInfo announcing plans to add 100 new jobs in its Melbourne office.

The company, with a workforce 12,000-strong in China, cited Victoria’s talent pool, infrastructure, and government support as driving its forecast expansion. It recently won a place on the Victorian Government’s e-services panel. With this announcement, Melbourne is to be the company’s A/NZ headquarters.

Billing itself as aiming to outdo the burgeoning Indian outsourcing market, the company announced Q3 revenue of $US70m and profit of $US24mi. Some 90 per cent of its staff are now in China, but VanceInfo is pitching international expansion as its next strategy.

Tech minister Gordon Rich-Phillips said: “The Victorian Coalition Government is investing in the ICT sector to ensure that the right conditions exist in Victoria to support the growth of ICT businesses and boost Victoria’s digital economy.”

“Victoria offers companies access to world-class talent and R&D infrastructure in a cost-competitive business environment.”

The Victorian state government has been haunting a host of IT companies to fill commercial real estate in Melbourne, which hopefully might offset the sharp downturn in developer employment in Australia’s games studios this year. ®

Boost IT visibility and business value

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Fast And Furious 6 cammer thrown in slammer for nearly three years
Man jailed for dodgy cinema recording of Hollywood movie
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Call of Duty daddy considers launching own movie studio
Activision Blizzard might like quality control of a CoD film
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Scale data protection with your virtual environment
To scale at the rate of virtualization growth, data protection solutions need to adopt new capabilities and simplify current features.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?