With new STEM infrastructure bubbling in Hobart, the future for Australia’s most southern state looks promising. The University of Tasmania’s $400-million science and technology precinct which would be home to 3000 students and 700 staff will no doubt attract some big names, big tenders and new influx of work for local businesses.

Add to the mix the very nature of Tasmania’s being small in size and easier to make improvements to (hint: optic fibre), cheap on building rent and family friendly, investors are beginning to look to Hobart as a cost-effective place to start up digital spaces and online businesses.

As face-to-face business moves to online businesses aided by increasing internet speeds, communication softwares and big data, geography is set to become less important than where you place in the search engine.

So what does this mean for you as a small business?

It’s time to get on board in the digital realm… And quickly. A CBD shopfront is set to become less important over time than your online shopfront. With business process automation taking over, and you can now wake up to sales made overnight, maximising your time and throwing away the old 9-5.

Loop Foundry are optimistic about what we can contribute to the future of business in Tasmania. If you want to get your business up to speed, get in touch with us today and have a chat about what we can do for you.

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