Counting every job: Victoria Minister for Technology Gordon Rich-Phillips. Photo: Leanne Pickett
As more organisations undergo business and technology transformation to cope with renewed economic pressures, one Melbourne company is reaping the rewards.
DB Results, a consulting firm whose work its chief executive Andrew Dean says is 90 per cent dependent on new technology implementations, has doubled in size two years ahead of schedule.
In August 2011, it told the Victorian government it would create 100 new local jobs by 2015, but having done so by now, on Thursday it committed to a further 100, with 80 or more of those in a technical capacity. The 220-staff outfit has an annual turnover of $40 million derived from large clients in the utilities, telecommunications, banking and insurance sectors including Telstra, Sydney Water and Origin Energy. It has smaller offices in Sydney and Hong Kong.
"Fundamentally we provide big transformation services. We typically follow a company like [consultancy firm] McKinsey, who's done the strategy, and we plot out a complete transformation program and business and IT process change," Mr Dean said.
The company has always been able to source talent locally, he said, going overseas for staff only on "odd occasions". It favours candidates within "two degrees of separation": those recommended by current employees or associates, or by someone they know. It also takes in eight to 10 graduates into its graduate program every year.
Mr Dean said workers – from project managers to analysts – need to be technically competent and also business aware, reflecting a hybrid skills trend IT recruiters say is here to stay.
"We require business skills and IT skills, no doubt," Mr Dean said.
The growth plans are music to Victoria Minister for Technology Gordon Rich-Phillips' ears. Mr Rich-Phillips has been on a steady drive to create new IT jobs in the state, hoping to cement Victoria as a place for technology companies to do business with the government and with others.
"To see a homegrown Victorian ICT firm go from $0 to $40 million in turnover in just under a decade is exhilarating and speaks highly of Victoria's outstanding capabilities in ICT," he said.
Mr Rich-Phillips has committed to creating 1000 jobs in ICT this financial year. In October he tallied another 120 new jobs at Melbourne-born IT consulting firm nSynergy Group.
If achieved, the goal will go some way to counter-balance the job losses experienced by the ICT sector recently, including up to 1500 jobs at IBM and hundreds more from banks and technology companies, such as Hewlett Packard and Alcatel-Lucent, lost to cost-cutting and or offshoring programs.