CMC Global expands to meet Australia’s IT demands

Vietnamese IT service provider CMC Global has opened its first office in Australia, becoming part of a network that includes locations in Japan, Korea, Singapore and Vietnam. CMC Global is the flagship business of CMC Corporation, the second largest technology group in Vietnam.

The Australian office aims to address the growing demand for IT and digital solutions, including software development, digital transformation and IT consulting.

‘Australia is a prime market for high-tech solutions and talent, driven by growing demand and innovation,’ says Cuong (Kent) Nguyen, Chief Strategy Officer, CMC Global. 

He highlights the advantages of Australia’s proximity to Vietnam in the Asia-Pacific region, which allows for seamless collaboration due to minimal time differences.

Cuong also emphasises the welcoming environment in Australia, where government support fosters favourable conditions for Vietnamese investors.

According to a report by the Australian Bureau of Statistics, the IT sector in Australia is experiencing robust growth. IT spending projected to reach A$100 billion by 2025. This growth is driven by increasing investment in digital transformation initiatives across various industries. Australia recognises that technology adoption is a key driver for economic growth and competitiveness.

A market with strong tech investment potential

CMC Global’s decision to expand to Australia was driven by a combination of cultural, political, economic and technological factors that align with its strategic goals. 

‘Australia’s developed economy presents a strong demand for digital transformation services,’ says Cuong. The country’s stable economy and transparent regulatory environment create a secure landscape for investment and development. 

‘Australia and Vietnam have been economic partners for over 50 years. The relationship continues to grow strong with a commitment to ASEAN centrality and a shared vision for a region that is stable and prosperous,’ Cuong adds.

With cutting-edge solutions in AI, data analytics and automation, CMC Global is committed to addressing the increasing demands for digital transformation in Australia. The company not only seeks to create growth opportunities but also aims to contribute to the overall development of the IT industry in the region.

‘The rapid pace of technological advancement and the urgent need for digitalisation across various sectors position CMC Global as a significant player in this landscape,’ says Cuong. ‘Our presence fosters an environment of innovation and sustainable progress, aligning with Australia’s vision for a digitally transformed economy.’

Enhancing Australia’s tech capabilities

The demand for digital transformation services in Australia is evident across various sectors, including healthcare, finance, and retail. A report by Deloitte indicates that 80% of Australian businesses are investing in digital technologies, with a significant focus on AI and data analytics to improve operational efficiency and customer engagement.

CMC Global brings a blend of talent, experience and cutting-edge technology to Australia to meet the demands of businesses undergoing digital transformation.

‘AI is becoming an integral part of business operations,’ says Cuong. ‘CMC Global’s expertise in machine learning, data analytics, and automation empowers businesses to streamline operations, enhance decision-making, and boost efficiency.

‘Our team of highly skilled, tech-savvy professionals embody a strong spirit of learning and adaptability,’ adds Cuong. ‘We are eager to share our knowledge with our Australian customers.’

How Austrade helped

CMC Global worked closely with Austrade to enter the Australian market. 

Cuong notes that ‘Austrade’s insights into the Australian IT market helped us craft effective market entry strategies,’ which have saved valuable time and costs.

Austrade has also played a crucial role connecting CMC Global with potential partners, suppliers and customers. 

‘They introduced us to government agencies tied to Australia-Vietnam bilateral business,’ notes Cuong. This support has helped CMC Global build a strong network and explore collaboration opportunities within Australia.

Through these efforts, Austrade has increased awareness of CMC Global in the Australian market, fostering trust among potential customers and partners.

‘Partnering with Austrade has accelerated our market entry, boosted our credibility, and driven growth through strategic relationships,’ says Cuong.

The expansion of CMC Global into Australia highlights the dynamic nature of the IT landscape in both countries, showcasing the potential for collaboration and growth in the region.