Hyderabad-headquartered Ray Business Technologies (Raybiztech) has chosen Melbourne as its Australian headquarters, and plans to create 30 new highly skilled local Information and Communications Technology (ICT) jobs over the next two years.

Raybiztech delivers cloud, mobility, big data and social media solutions to its enterprise clients around the world.

Key destination

Australian Minister for Technology Gordon Rich-Phillips welcomed the ICT services and solutions company to Victoria. In a statement, he said the Coalition Government had been working hard to make Victoria the key destination for international technology companies looking to set up in the region.

“Our Victoria’s Technology Plan for the Future – ICT is supporting continued growth, development and global competitiveness of Victoria’s ICT sector by attracting more investment and building a stronger Victorian ICT workforce,” Rich-Phillips said.

New jobs

Stating that Victoria is now home to a $34.2-billion ICT sector employing over 91,000 people, and is also Australia’s leading ICT economy, the minister said the Victorian Coalition Government had facilitated more than $1.4 billion in new technology related investment, which was creating more than 5,500 new jobs.

Ray Business Technologies Co-Founder and Managing Director Ajay Ray noted in the statement that the decision to set up in Melbourne was based on favourable factors such as costs, availability of a job-ready ICT workforce, market access, infrastructure maturity, Government policies and ICT strategies.

Long-term plan

The Victorian Government Business Office had initially met Raybiztech at an Oz Fest event in India in October 2012 during a trade mission, with the relationship subsequently evolving out of this initial meeting.

The Raybiztech announcement is a component of the Napthine Government’s Victorian Jobs in the 21st Century plan, a $33-billion initiative to create 200,000 jobs.

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