This article originally featured on the Adelaide Economic Development Agency website
Tech company casts its way into the Adelaide CBD
A world-leading provider of digital intelligence solutions — Fivecast — has made the move into the Adelaide CBD to tap into talent graduating from Adelaide universities, as well as bring more people to the district.
Fivecast, which has offices in the United States of America, United Kingdom and other locations across Australia, moved its head office of 100 staff into Hutt Street at the start of January.
The business provides cutting-edge, open-source intelligence solutions to create a safer world. It gives some of the globe’s most important public and private organisations, in areas such as national security, defence and law enforcement, a chance to explore masses of data and identify threats.
Fivecast Chief Executive and co-founder Dr Brenton Cooper said its new Adelaide home, formerly the Network 10 building, offered a wealth of opportunities for employees.
It also provided the business a chance to find quality talent and collaborate with partners and customers at technology hubs, such as Lot Fourteen.
“The Adelaide market is appealing to Fivecast because the business environment in South Australia is a great place to establish and rapidly grow a high tech, innovative company,” Dr Cooper said.
“The technical and software engineering talent coming out of Adelaide universities is world-class and Fivecast has benefitted from this. Additionally, we have been able to attract talent from interstate and overseas who see the great benefits of living and working in Adelaide.”
He said Adelaide was an obvious choice because of its accessibility to other businesses and services across town.
“Our new office is close to the heart of the CBD, has a great range of restaurants and cafes, as well as easy access to the many different Adelaide festivals and entertainment options,” Dr Cooper said.
“The Adelaide market is in great shape, evident from the amount of tech start-ups that have moved into the CBD in the past 12 months, and we look forward to expanding our business and helping others around town.” — Dr Brenton Cooper, Fivecast.
The company took advantage of the AEDA’s Welcome to Adelaide program that supports firms and their staff who are relocating to or expanding in the CBD.
As part of the initiative, AEDA can provide customised ‘Welcome to Adelaide’ tote bags for companies moving into 5000 and 5006 that include introductory offers at locations such as Adelaide Aquatic Centre, Rundle Mall, Adelaide Central Market, UPark and the North Adelaide Golf Course.
Acting Managing Director Greg Ratsch said the program gives workers a push to explore the city and the services on offer.
“Having a great company like Fivecast choose to base itself in the CBD is an important vote of confidence and will encourage other tech companies to choose the city as well,” Mr Ratsch said.
“Relocating to the city offers a number of benefits for companies and their employees. Whether it be the proximity to connect with other leading businesses and precincts, the hospitality on offer to satisfy those lunch time cravings or the ability to go shopping in a premier shopping precinct.
“There is no better place to do business.”
Fivecast is the latest in a string of companies to establish an office in the CBD, joining firms such as Accolade Wines, Microsoft, Nokia, Google, Accenture, Perks, Plenti, Lutheran Homes, Bureau of Meteorology and Jigsaw in making the move.