We’re committed to playing our part in building a pipeline of technology talent in Australia. So we’re partnering with a number of universities to equip graduates with the skills and adaptability they need to succeed in our rapidly changing global environment. Our latest partnership is a $5.14M investment in the Telstra Creator Space (fabrication lab) at University of Melbourne’s new Melbourne Connect technology and innovation precinct and 10 scholarships in STEM that focus on diversity and inclusion.
Having a highly-skilled, diverse and practically trained technology workforce is critical to the success of Telstra and of the nation. And yet, we have an estimated shortfall of 60,000 skilled ICT workers in Australia over the next five years. More of these skills must be developed locally.
As one of the country’s biggest employers and a major driver of the digital economy, we’re committed to playing a part in the solution. Investing in STEM is required to transform Australia into an innovation hub and support businesses that are themselves transforming. To that end, our partnership with the University of Melbourne is our next education investment and part of our ongoing collaboration with five Australian universities to build a strong foundation for STEM skills education for the future.
As part of our partnership with the University of Melbourne, a new Telstra Creator Space at the Melbourne Connect technology and innovation precinct will give students, start-ups and industry access to an onsite fabrication and prototyping facility, running workshops, events and industry-based projects. Our partnership will enable research and development between Telstra and the university focused on technology, engineering and innovation concepts. This laboratory will support open innovation using world-class equipment, letting students gain practical experience and a real-world understanding of highly technical concepts.
To further demonstrate our long-term commitment to boosting diversity in Australia’s digital economy, we will also offer 10 Technology and Innovation Scholarships for University of Melbourne students in a program that aims to increase the number of women and Indigenous Australians in STEM, particularly from rural and regional areas. We’re starting these scholarships with two awards in August 2020 to female students or students of Indigenous descent intending to become professionally qualified engineers or technology professionals.
Why developing technology talent is such an urgent issue
Technology skills shortages in Australia were already an urgent issue before the impact of the COVID-19 pandemic. We now need to boost numbers at a much faster rate to support our nation’s transforming businesses and the digitisation of our economy. Fewer new students in Australia currently enter STEM degrees than in other OECD countries, and we need to change that.
We’re working with universities to enhance student learning, implement industry placement and work experience, research and career opportunities. This includes innovation in curriculum design and delivery, particularly to support the continuous learning or reskilling of those already in the workforce. Micro-credentials are a great example of this and it’s encouraging to see the government also recognise the importance of these qualifications.
So far we’ve partnered with RMIT Online and the University of Technology Sydney on new micro-credential programs covering software defined networking, data analytics and machine learning. These programs are helping to upskill our own teams, but are also open to anyone who is interested. Such partnerships are an example of how business and education providers can collaborate to jointly develop the critical technology skills Australia needs.
Our partnership with @UTSEngage is one example of how business and education providers can collaborate to jointly develop the critical technology skills Australia needs. #futureofwork https://t.co/MNxUDjU30N
— Telstra News (@Telstra_news) June 25, 2020
A new innovation precinct for Melbourne
Melbourne Connect is the University of Melbourne’s new technology and innovation precinct. It will bring together world-class research, industry, government and higher-degree STEM students in a space that will foster engagement, collaboration and networking.
Our investment in this new precinct will help realise its potential, fostering Melbourne Connect as a hub of technology innovation. We and the University of Melbourne share an ambition for transformation and an appetite for collaboration – we both want to grow Australia’s technology talent pipeline and to equip graduates with the skills and practical experience they need to succeed.
Melbourne Connect is expected to be completed in late 2020 and open to students in 2021. We look forward to the opportunities it offers to Australia’s brightest science, engineering and technology students, and for our industry and education partners to bring innovation to life.