Both big and small Tasmanian businesses need to constantly seek out better products, fresh markets and novel ways of adding value. Innovation, design and high value services are key elements of any current wealth creation strategy. Super fast communications and clever networking will give Tasmanians an enduring presence in these lucrative segments of the global market.
New media industries, which need to quickly deliver digital content overseas, are a good example of this type of new business opportunity suited to Tasmanian conditions.
Some mobile device content providers in Australia experienced a 10,000% rise in growth during 2007. Internet and mobile content companies dominate the top 50 fastest growing Australian enterprises, along with biotechs, pharmaceuticals and general software firms. Mobile content in particular is being driven by niche markets and the continuing uptake of sophisticated mobile devices. These types of businesses use ICT to stay ahead.
A useful resource for firms who are seeking information relating to future trends in technology and telecommunications can find guidance from the long standing Deloitte Prediction reports. These can be accessed via the Deloitte website via the above links.