VPAC Ltd establishes subsidiary VPAC Innovations Pty Ltd
“New Innovation Partner for Industry and Government R&D Launched”
Melbourne, 01 July 2013 – Having established a successful and innovative R&D software development and simulation consulting group since 2002, VPAC LTD – one of Australia’s leading advanced computing IT service providers has established a subsidiary company VPAC INNOVATIONS PTY LTD to accelerate and grow its Engineering, Geospatial and Commercialisation business.
VPAC INNOVATIONS has an experienced team with intimate knowledge of the local IT market. Under the leadership of Dr Thomas Ting, CEO, the company has commenced business operations as of 1st July 2013. The goal of VPAC INNOVATIONS is to enhance its product and services offering to existing Australian customers while seeking expansion and export opportunities abroad in the fast growing Asian and established North American ICT markets.
“Our strategy of establishing a subsidiary company will greatly benefit our existing customers and will accelerate the expanding geographic reach of our company. It will allow greater business flexibility and agility to capitalise on significant emerging business opportunities. An equally important outcome will be the positioning of the company to attract additional investment and partnerships to realise the growth opportunities in the business” says Chairman of VPAC LTD Professor Iain Wallace.
The portfolio of VPAC INNOVATIONS includes R&D consultancy services for
- design and simulation services for engineering product development,
- virtual prototyping,
- software development and engineering services,
- demonstrator and proof-of-concept system delivery,
- big data extract, transform and load services in Geospatial
- custom application development.
The company maintains strategic partnerships with leading local and international Engineering and Geospatial software vendors through its established, global supply chain.
VPAC INNOVATIONS is an ISO 9001:2008 accredited company with highly trained staff offering our customers best-in-class service.
Dr Thomas Ting believes that VPAC INNOVATIONS will be a significant innovation partner for industry and government. “Customers are demanding more than “catalogue” services, they demand value-add innovative solutions, incorporating both services and products that will differentiate their organisations from their global competitors. We see this as the perfect time to attract additional investment and partnerships to expand our business presence to capitalise on opportunities locally and in the Asia Pacific region, which makes up the world’s fastest growing IT market. VPAC INNOVATIONS products and services will be an important contributor to that growth.”
About VPAC Innovations Pty Ltd
VPAC INNOVATIONS PTY LTD is a subsidiary of VPAC LTD. It is an innovation company that specialises in the delivery of specialist consultancy services to the automotive, aerospace, defence and government sectors for the Australian, Asia Pacific and North American markets. Its customers range from global multinational companies to small and medium sized enterprises seeking to stay ahead of their competition through innovation and the application of cutting edge IT software products and services. VPAC INNOVATIONS partners with leading international software vendors, service providers and public sector research organisations.
About VPAC Ltd
VPAC LTD is an advanced computing company established in 2000. VPAC is a recognized Research Service Provider delivering consulting, training, and expert services in the application of Advanced and High Performance Computing for research, technical, scientific, and informatics. VPAC serves Australia through a High Performance Computing centre that offers a broad range of Applications and Visualization software, underpinned by in-house expertise in Health, Life Sciences, Data Portals. VPAC’s Members include Deakin University, La Trobe University, RMIT University and Swinburne University.
VPAC INNOVATIONS PTY LTD
Dr Thomas Ting
phone:+61 3 90354290
fax:+61 3 99254645
Press Release authorized by:
Professor Iain Wallace,
Chairman, VPAC Ltd and VPAC Innovations Pty Ltd