Region. IT firms generat $700 tunrover

The NSW government’s flagship Western Sydney IT Cluster program has a membership of around 250 Western Sydney-based ICT firms, which, together generate an estimated $700 million in annual turnover and employ an estimated 2500 people. A finding of the WSITC Review, recently undertaken on behalf of the NSW Department of State and Regional Development, by the UWS’s Centre for industry and Innovation, found the cluster was achieving sustainable business and jobs growth and entry into international markets by ICT firms in Western Sydney. The cluster consisted largely of micro- and small-medium technology firms, and was providing an incubator role for many of the firms, by providing contacts and knowledge that has often proved critical to their successful growth.