The establishment of a $60 million Digital Technologies Academy will offer digital technologies and cyber related education and training at the heart of Lot Fourteen.
Delivering a pipeline of professionals to meet rapidly growing labour demand across a broad range of high-tech sectors, the new Digital Technologies Academy was announced in late 2021 and will now undergo a detailed project scoping, with a view to commencing construction in late 2023.
The Academy gives effect to the vision in the Adelaide City Deal of an industry-focused training institution designed to produce job ready graduates in vital growth sectors. Increasing digital skills and capabilities is crucial to drive innovation and productivity in South Australia, while enabling businesses in the state to remain internationally competitive.
This will complement and support the strategy of building Lot Fourteen as a global innovation and technology precinct, by training thousands of South Australians establishing core knowledge and skills to fill future pipelines of high-tech jobs in the state.
The innovation district provides companies with the opportunity for co-location with like-minded businesses, curating a collaborative ecosystem of entrepreneurs and innovators in space, defence, hi-tech and creative industries.
Deloitte Access Economics forecasts the number of technology workers in Australia will pass 1 million in 2024. By 2026, there will be nearly 300,000 more technology workers in the Australian workforce.
A number of world-leading digital technology firms, including Accenture, MTX, Cognizant and Deloitte, are already investing in Adelaide and are seeking to employ large workforces to meet their business needs.
The Academy will be a highly complementary addition to the hi-tech research and industry focus at Lot Fourteen, and the build of thenew Entrepreneur and Innovation Centre. The Academy will provide a pipeline of talent to businesses, including organisations based at Lot Fourteen: the Australian Institute for Machine Learning, Australian Cyber Collaboration Centre, MIT bigdata Living Lab and industry partners Google Cloud Services, Amazon Web Services and Microsoft Azure.
The establishment of the Digital Technologies Academy reflects federal government strategies: Digital Economy Strategy 2030 and Australia’s Cyber Security Strategy 2020.
The Adelaide City Deal is a 10-year partnership between the Australian and South Australian governments and the City of Adelaide to deliver $699 million of new government investment in Adelaide with an aim to grow Adelaide’s innovation economy.