Super Profits Tax won't undermine IT spend: IBM

The proposed new tax hasn't stopped the company opening its new Natural Resources Solution Centre

The mining industry may be doing its best to convince Australia that the Federal Government’s proposed Resources Super Profits Tax will all but kill the sector, but IBM is buying none of it.

The company has just announced that it will establish a Natural Resources Solution Centre (NSRC) in Perth aimed at encouraging the resources sector to continue its ICT spend in areas such as integrated operations and asset lifecycle management.

According to IBM Australia, industry solutions executive, David Haake, one of eight industry specialists relocated by IBM to Perth to work at the NRSC, regardless of the outcome of the new tax, resource companies would present a very rich seam to mine for some time to come.

“Whatever the trajectory of future capital investment in the resources sector, these industries have a trillion dollars of existing assets globally, and there are clear opportunities to optimise those assets,” Haake told Computerworld Australia.

This was more the case, given that ICT spend in the resources sector accounted for only one per cent of capital expenditure, or CapEx, and an ongoing need for investment in existing operations, as well as new construction, Haake said.

“The bottom line is that these companies are interested in how ICT can help them optimise their asset investments, reduce costs and create efficiencies,” he said. “These are the same reasons IBM has decided to create the Centre in Perth.”

According to IBM, the new NRSC will also have a heavy research and collaboration focus and is already in discussions with the Western Australian Energy Research Alliance on joint projects around production optimisation, carbon management and containment solutions.

The centre will also run executive workshops, technological proof of concepts, live solution demonstrations, and architecture workshops.

The Perth NRSC is the sixth globally and adds to IBM’s Oil Sands centre in Canada, Oil and Gas centre in Norway, and Energy Competency centres in China, Russia and the United Arab Emirates.

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Tags IBMresource super profits tax (RSPT)natural resources solution centre

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