7 Top Australian IT Companies You Should Know

Australia is a country that has a thriving IT sector, with many innovative and successful companies that offer a range of products and services. Whether you are looking for a career in IT, a partner for your business, or just curious about the latest trends and developments, here are seven top Australian IT companies you should know.

Key Takeaways

Australia has a thriving IT sector with many innovative and successful companies

Some of the top Australian IT companies are Atlassian, Canva, Afterpay, WiseTech Global, Xero, Nearmap, and TechnologyOne

Working for an Australian IT company can offer many benefits, but also some challenges or risks

Finding an Australian IT company that suits your skills and interests requires research, networking, and preparation

Working for an Australian IT company requires keeping up to date, showcasing your skills, preparing well, seeking feedback, and being open to new ideas and challenges

1. Atlassian:

Atlassian is a global leader in software development and collaboration tools, such as Jira, Confluence, Bitbucket, and Trello. The company was founded in 2002 by two university students in Sydney and has grown to have over 5,000 employees and 170,000 customers worldwide. Atlassian is known for its culture of openness, innovation, and social responsibility, as well as its generous employee benefits and perks.

2. Canva:

Canva is an online platform that allows anyone to create stunning graphics, presentations, videos, and websites with ease. The company was launched in 2013 by a young entrepreneur in Perth and has since attracted over 60 million users and 3 million paying customers across 190 countries. Canva is valued at over $40 billion, making it one of the most valuable startups in the world.

3. Afterpay:

Afterpay is a payment service that lets customers buy now and pay later in four interest-free instalments. The company was founded in 2015 by two friends in Melbourne and has quickly become one of the most popular and trusted payment methods in Australia and beyond. Afterpay has over 16 million active customers and 98,000 merchants on its platform and is expanding into new markets such as the US, UK, Canada, and New Zealand.

4. WiseTech Global:

WiseTech Global is a software company that provides solutions for the logistics and supply chain industry. The company was established in 1994 by a former customs officer in Sydney and has since grown to have over 12,000 customers and 50 offices around the world. WiseTech Global’s flagship product is CargoWise, a cloud-based platform that enables freight forwarders, customs brokers, carriers, and logistics providers to manage their operations more efficiently and effectively.

5. Xero:

Xero is a cloud-based accounting software that helps small businesses, and their advisors manage their finances. The company was founded in 2006 by a serial entrepreneur in New Zealand and has since expanded to have over 2.7 million subscribers and 3,000 employees across Australia, New Zealand, the UK, the US, Canada, Asia, and South Africa. Xero is known for its user-friendly interface, powerful features, and seamless integrations with other apps and services.

6. Nearmap:

Nearmap is a geospatial technology company that provides high-resolution aerial imagery and data for various industries and applications. The company was founded in 2007 by a former Google engineer in Perth and has since grown to have over 10,000 customers and operations in Australia, the US, Canada, and New Zealand. Nearmap’s imagery is captured by its own fleet of planes and cameras and is updated frequently to reflect changes on the ground.

7. TechnologyOne:

TechnologyOne is an enterprise software company that delivers solutions for the public sector and higher education markets. The company was founded in 1987 by a computer science professor in Brisbane and has since grown to have over 1,200 customers and 1,400 employees across Australia, New Zealand, the UK, Asia Pacific, and Africa. TechnologyOne’s software is designed to simplify complex processes, improve efficiency, and enhance customer service.

These are just some of the top Australian IT companies you should know. There are many more that are making waves in the IT industry with their innovative products and services. If you want to learn more about them or explore career opportunities with them, you can visit their websites or follow them on social media.

Tips

Keep up to date with the latest news and developments in the IT industry

Showcase your skills and achievements on your resume and portfolio

Prepare well for interviews and tests with IT companies

Seek feedback and guidance from mentors or coaches

Be open to new ideas and challenges

Top Australian IT Companies: A Statistical Report

Australia is home to some of the most innovative and successful IT companies in the world. In this report, we will look at some of the key statistics and trends that show the growth and performance of the Australian IT sector.

Market Capitalization

Market capitalization is a measure of the total value of a company’s shares. It reflects the market’s perception of the company’s future prospects and profitability. According to Disfold Data, as of July 2021, the top 10 largest Australian IT companies by market capitalization are:

Atlassian Corporation Plc (TEAM) – US$65 billion
Afterpay Limited (APT) – US$30 billion
REA Group Limited (REA) – US$13.17 billion
WiseTech Global Limited (WTC) – US$9.8 billion
Computershare Limited (CPU) – US$9.41 billion
Xero Limited (XRO) – US$8.6 billion
Altium Limited (ALU) – US$4.1 billion
NEXTDC Limited (NXT) – US$3.9 billion
Appen Limited (APX) – US$2.7 billion
Technology One Limited (TNE) – US$2.5 billion

These 10 companies account for about 80% of the total market capitalization of the Australian IT sector, which is estimated at US$180 billion.

Revenue and Profit

Revenue and profit are indicators of a company’s sales performance and profitability. They show how well a company can generate income from its products and services, and how efficiently it can manage its costs and expenses. According to Spaceship, as of 2020, the top 10 Australian IT companies by revenue are:

Atlassian Corporation Plc (TEAM) – US$1.6 billion
REA Group Limited (REA) – US$820 million
Xero Limited (XRO) – US$552 million
Computershare Limited (CPU) – US$2 billion
WiseTech Global Limited (WTC) – US$429 million
NEXTDC Limited (NXT) – US$200 million
Technology One Limited (TNE) – US$286 million
Altium Limited (ALU) – US$189 million
Appen Limited (APX) – US$600 million
Afterpay Limited (APT) – US$519 million

These 10 companies account for about 70% of the total revenue of the Australian IT sector, which is estimated at US$7 billion. The top 10 Australian IT companies by profit are:

Atlassian Corporation Plc (TEAM) – US$430 million
REA Group Limited (REA) – US$268 million
Xero Limited (XRO) – US$3.3 million
Computershare Limited (CPU) – US$97 million
WiseTech Global Limited (WTC) – US$160 million
NEXTDC Limited (NXT) – US$14 million
Technology One Limited (TNE) – US$62 million
Altium Limited (ALU) – US$52 million
Appen Limited (APX) – US$50 million
Afterpay Limited (APT) – US$22.9 million loss

These 10 companies account for about 90% of the total profit of the Australian IT sector, which is estimated at US$1.2 billion.

Global Demand

Global demand is a measure of how much a company’s products and services are sought after by customers around the world. It reflects the company’s competitive advantage, innovation, and customer satisfaction. According to SmartCompany, some of the factors that influence the global demand for Australian IT companies are:

The COVID-19 pandemic, which has accelerated the digital transformation of many businesses and consumers, creating more opportunities for online platforms, cloud services, e-commerce, fintech, and cybersecurity solutions.

The growing middle class in Asia, which has increased the demand for education, entertainment, health, and lifestyle products and services, creating more markets for Australian IT companies to expand into.

The reputation of Australia as a source of high-quality, reliable, and ethical IT products and services, which has attracted more customers who value trust, security, and social responsibility.

Some examples of Australian IT companies that have experienced strong global demand in recent years are:

Atlassian Corporation Plc (TEAM), which has over 180,000 customers in more than 190 countries, including 83% of Fortune 500 companies.

Afterpay Limited (APT), which has over 16 million customers and 98,000 merchants in Australia, New Zealand, the US, the UK, and Canada.

Xero Limited (XRO), which has over 2.7 million subscribers in more than 180 countries, including 1.4 million in Australia and New Zealand, 720,000 in the UK, and 355,000 in North America.

The Australian IT sector is a dynamic and diverse industry that has produced some of the most successful and innovative companies in the world. The sector has shown impressive growth and performance in terms of market capitalization, revenue, profit, and global demand. The sector is also expected to continue to grow and evolve as new technologies, trends, and opportunities emerge in the post-pandemic world.

Frequently Asked Questions

Q: What are the benefits of working for an Australian IT company?
A: Some of the benefits of working for an Australian IT company include:

Exposure to cutting-edge technology and global markets
Opportunities for learning and career development
Competitive salaries and incentives
Flexible work arrangements and work-life balance
Diverse and inclusive work culture

Q: How can I find an Australian IT company that suits my skills and interests?
A: Some of the ways you can find an Australian IT company that suits your skills and interests include:

Searching online job boards or platforms
Networking with industry professionals or peers
Attending events or webinars hosted by IT companies or associations
Reading blogs or newsletters about the IT industry
Contacting IT companies directly or through referrals

Q: What are some of the challenges or risks of working for an Australian IT company?
A: Some of the challenges or risks of working for an Australian IT company include:

Facing high expectations and competition
Adapting to changing customer needs and market trends
Dealing with technical issues or glitches
Managing multiple projects and deadlines
Balancing local and global perspectives and regulations

References:

https://fortune.com/global500/2019/

https://www.forbes.com/global2000/

https://www.atlassian.com/company
https://www.canva.com/about/
https://www.afterpay.com/en-AU/index
https://www.wisetechglobal.com/
https://www.xero.com/au/about/
https://www.nearmap.com/au/en
https://www.technologyonecorp.com/