Australian businesses are big consumers of artificial intelligence (AI), with 89% of large businesses using AI technology.
NSW employs almost two-fifths of Australia’s software and application programmers. NSW has a strong local cluster of AI businesses, similar in scale to Berlin and close to those of Singapore and Toronto.
The AI research output at NSW universities is strong, with three of Australia’s seven worldleading AI universities based here.
The Centre for Field Robotics at the University of Sydney is one of the world’s largest robotics institutes, while the University of NSW is home to a dedicated AI & Robotics Research Group.
The state's large multicultural and multilingual community doesn’t just make NSW a great place to live, it also makes it ideal for developing inclusive AI products that can be deployed globally.
NSW's workforce, deep AI R&D capabilities, and a technology-ready, diverse multicultural consumer base make the state an ideal location for AI product development, testing and insight generation.
NSW is a technology leader in the Asia-Pacific
Australia has the 9th highest AI research output in the world
There are 470,000 people working in top 10 AI-relevant occupations in Australia
More than half of people involved in AI in Australia have postgraduate degrees
45% of Australian AI businesses are in NSW
38% of software developers and application programmers are based in NSW
Supporting your move to New South Wales
Investment NSW can connect you with a range of services and incentives available to businesses looking to grow.
Investment NSW offers bespoke services to businesses looking to build a presence within NSW.
The team at Investment NSW provides tailored advice on grants, rebates, programs and other incentives your business may be eligible for.
Whether you need a high-tech lab, an advanced manufacturing facility connected to a university or a greenfield site in regional NSW, we can assist.
We can work with you to establish a presence in a precinct or collaboration area suited to your needs.
In collaboration with the NSW Department of Planning, Industry and Environment, we provide services to help you find the right accommodation:
- determining the type of accommodation to best meet your businesses requirements
- advice and support regarding opportunities available on Government land (both long and short term)
- support navigating the planning process.
We can provide tailored information and data, including local market insights, on our priority sectors.
We can introduce you to stakeholders who can support your growth objectives. This may include connecting you to:
- corporate partners
- business chambers
- industry associations
- technology precincts
- research institutes
- government agencies.
Once you have established here, a wide range of services and programs are available to use NSW as a springboard into Asia. We can help you identify opportunities to expand in the region.
Our Business & Skilled Migration Program is highly supportive of NSW’s growing tech industries and precincts. The program attracts new and emerging digital technology capabilities and skills, provides visa and migration advice to businesses, and nominates high potential migration candidates to live and work in NSW.
These initiatives have spurred the growth of digital technology businesses across the state and are available to all organisations considering investment opportunities in NSW.
Contact Investment NSW today to find out more about investment opportunities in New South Wales.
Last updated: 30 March 2023