If anyone ever doubted the growth potential of Australia’s data industry, they need only look at the trends which clearly show this is one of the true business growth stories of the past decade – and this growth is not about to slow down.
Information and data specialists GWI is experiencing such strong growth, the company is about to relocate its national headquarters to accommodate its burgeoning staff requirements. The headquarters were officially opened by Queensland’s Deputy Premier, Treasurer and Minister for Aboriginal and Torres Strait Islander Partnerships Minister Jackie Trad on Thursday, May 10.
From a one-man band in 2008, GWI now has a workforce of 35 and expects to take on an additional 10 staff before the end of the year, such is the demand for data-driven services.
“We have seen a tremendous increase in the ways data is being gathered, analysed, stored and used,” GWI’s CEO Neil Makepeace said.
“This growth in data and the accompanying increasing awareness of how it can be used strategically – by both government and business – has resulted in enormous growth for GWI as a business and this office relocation will help us accommodate our additional staffing demands.”
A Queensland-based company, GWI is now beginning to expand its presence with targeted growth in the strong markets of NSW and Victoria.
Mr Makepeace said with the growth in data collection and storage come the proportionate challenges of managing and using the data to deliver insights.
“There is a great deal we can learn from data,” he said. “For example, predictive analytics can be used to understand what is likely to happen in existing or evolving markets.
“Most people are aware that data is capable of informing pro-active, forward-thinking decisions. But it is rarely smooth sailing from data to insight, and this is where GWI helps clients.
“We believe the prize in understanding the data is enormous so we are working to develop a suite of services from back-end foundational structures to front-end analytics, AI and machine learning to deliver compelling value to organisations.”
The new offices, located at Level 9, 200 Mary St in Brisbane have been designed to facilitate innovation and enhance productivity and include a client lounge, flexible meeting room spaces, staff collaboration booths with writable walls and whiteboard space, a kitchen and event space.
“The offices have been designed to allow our staff to work flexibly, seeking out different spaces to complete different tasks,” Mr Makepeace said. “This included having designated spaces for meetings, collaboration, private work, creativity and concentration.
“We wanted the fit-out to reflect our workplace culture and that meant creating conditions which encourage and facilitate a balance of personal and team productivity, creativity, collaboration and task-based working for our consultants. We like to think of it as ambience at its best.”
Looking ahead, Mr Makepeace said he believes the key areas of growth in this new data-driven reality will be data analysis and artificial intelligence (AI).
“Traditional IT departments will be augmented with data scientists and analysts,” he said. “They will continue to exist, but they will evolve and get larger as their value is unlocked through data.
“It is also critical to remember that the data space is subject to constant change, disruption and innovation. We love being a part of that.”