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GoDaddy Research: Canberra Outperforms Australia’s Largest Cities in Entrepreneurship

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GoDaddy’s Venture Forward research reveals Canberra is top in online microbusiness density with 32 online microbusinesses per 100 residents.Australia’s largest cities Sydney and Melbourne ranked fourth and fifth, respectively, amongst the top 20 regions.Canberra boasts almost double the number of online microbusinesses per 100 residents compared to the constituency of Cities of London and Westminster in the UK.Venture Forward analyses data from more than a million online microbusinesses globally.

SYDNEY, June 5, 2024 /PRNewswire/ — Canberra is the online microbusiness epicentre of Australia, with its density of online microbusinesses surpassing Australia’s largest cities, Sydney and Melbourne.

Venture Forward, GoDaddy’s international research initiative that studies the economic impacts of small businesses and the attitudes of the owners who start and run them, analyses data from more than 300,000 Australian online microbusinesses, giving every Level 3 Statistical Area in Australia a “Microbusiness Density” score.

Canberra has the highest number of online microbusinesses per 100 residents
The data outlines the concentration of online microbusinesses, which typically employ ten or fewer people, relative to population density. Canberra is Australia’s leader with 31.9 online microbusinesses per 100 residents as of December 2023.

Sarah McPhillips, owner of hair salon Matriarch Hair, consulting business Sarah McPhillips Consulting and currently setting up new venture Trichology, believes Canberra is a unique place to run a business: “It’s primarily a public service town, so entrepreneurs are able to get an amazing support network of government and other small businesses through bodies like the Canberra Business Chamber or Canberra Women in Business, of which I’m a member. This support means entrepreneurs get the help they need to navigate the challenges of running their own business while positively contributing to local communities. It also means that people are inclined to enjoy both the benefits of a public service salary and the flexibility of a side hustle.

“Having an online presence has been invaluable in helping my businesses grow, not only financially but also to reach out to more clients and supporters. Most of my new clients come to my businesses based on what they see on the website – it’s a crucial tool to communicate who we are and what we do. I’m currently working on an online shop and hope to make it a key part of my salon and latest venture.”

Beyond Canberra, a diverse array of regions emerged, highlighting representation of online microbusinesses across states. The Gold Coast boasts 11.5 online microbusinesses per 100 residents, Adelaide City follows with 5.6 and Sydney City and Melbourne City registering 5.4 and 4.8 respectively, highlighting the entrepreneurial spirit across some of Australia’s key urban hubs.

Top 20 regions from GoDaddy’s results spread across the country
The top 20 regions for online microbusiness density show representation across most states. New South Wales is home to seven of the highest placed regions, closely followed by Queensland with six regions and Victoria home to five regions on the list. 

The research found that online microbusinesses generate significant earning potential for Australian entrepreneurs, with a notable 21% earning over $10,000 a year. Moreover, findings revealed that 40% of online microbusinesses serve customers nationwide, while 29% primarily cater to local markets within their own state or territory.

GoDaddy’s Venture Forward study also identified the employment impact of these online microbusinesses, with 40% of respondents being fully employed by their ventures and 35% planning to hire 1-3 new employees within the next year – which may well help bolster job growth in the economy and create promising employment opportunities across Australia.

Australia a strong player on the global stage
The results of the research have shed light on Australia’s entrepreneurial landscape and its positioning against other markets studied as part of GoDaddy’s research initiative. For example, the UK’s top performing constituency of Cities of London and Westminster had 17 online microbusinesses per 100 residents, which is just over half the number that Canberra reported.

Suzanne Mitchell, Australia Market Lead for GoDaddy, adds:
“Venture Forward microbusiness density data demonstrates the sheer prevalence of online microbusinesses across Australia. They have the power to help grow the economy, and also the potential to provide new jobs and opportunity in their local communities. This data suggests that right now, our capital Canberra is the heart of a thriving online microbusiness community.

“There are very few research studies that focus specifically on companies with under 10 employees in Australia. GoDaddy aims to change that by sharing this data with businesses and policymakers, helping them to make informed decisions about entrepreneurs and the challenge and opportunities they face.”

NOTES

Top 20 Australian regions for microbusiness density
[source GoDaddy Venture Forward, 2024]
Rank

Area

State

Microbusiness Density

1st

Canberra East

ACT

31.950207

2nd

Gold Coast Hinterland

QLD

11.510297

3rd

Adelaide City

SA

5.6108456

4th

Sydney Inner City

NSW

5.450892

5th

Melbourne City

VIC

4.8154364

6th

Yarra

VIC

4.6323028

7th

North Sydney – Mosman

NSW

4.373343

8th

Eastern Suburbs – North

NSW

4.0648189

9th

Broadbeach – Burleigh

QLD

4.0465779

10th  

Stonnington – West

VIC

3.773674

11th

Hawkesbury

NSW

3.6773474

12th

Port Phillip

VIC

3.6178932

13th

Brisbane Inner

QLD

3.5248845

14th

Manly

NSW

3.3539803

15th

Brisbane Inner – North

QLD

3.2144015

16th

Pittwater

NSW

3.167613

17th

Surfers Paradise

QLD

3.1144063

18th

Tumut – Tumbarumba

NSW

3.080426

19th

Maroochy

QLD

2.9936316

20th

Richmond – Windsor

VIC

2.9736085

About GoDaddy  
GoDaddy helps millions of entrepreneurs globally start, grow, and scale their businesses. People come to GoDaddy to name their idea, build a professional website, sell their products and services, and accept payments online and in-person. GoDaddy’s easy-to-use tools help microbusiness owners manage everything in one place. To learn more about the company, visit www.GoDaddy.com.

About Venture Forward
Venture Forward is a multi-year research initiative, which analyses data from over 300,000 Australian microbusinesses – conducted by GoDaddy to quantify the impact of these microbusinesses on the Australian economy and their local communities.

Logo – https://mma.prnewswire.com/media/819539/GoDaddy_Logo.jpg

View original content:https://www.prnewswire.com/apac/news-releases/godaddy-research-canberra-outperforms-australias-largest-cities-in-entrepreneurship-302163447.html

SOURCE GoDaddy

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DANAconnect and eSource Capital Launch PayrollTrace for Digital Payroll Compliance

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2 hours ago

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September 22, 2024

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PayrollTrace is an innovative, secure platform for paperless payroll receipt delivery, ensuring regulatory compliance and real-time traceability.

FORT LAUDERDALE, Fla., Sept. 22, 2024 /PRNewswire-PRWeb/ — DANAconnect, the leading company in automated business communications, in collaboration with eSource Capital, a prominent Google Cloud Partner in Latin America, announce the launch of PayrollTrace, an innovative platform designed for the secure and efficient digital delivery of payroll receipts, ensuring regulatory compliance and complete traceability in every transaction.

Paul Kienholz, CEO of DANAconnect, highlighted: “PayrollTrace is the next step in automating critical business processes, enabling companies to eliminate paper and manage payroll receipt deliveries with full confidence and transparency, while ensuring regulatory compliance.”

PayrollTrace automates the delivery of payroll receipts through multiple channels, including email and SMS, completely eliminating the use of paper or reliance on email. This solution not only simplifies human resources processes but also ensures regulatory compliance with verifiable technical reports that allow companies to manage and audit receipt deliveries in real time.

Paul Kienholz, CEO of DANAconnect, highlighted: “PayrollTrace is the next step in automating critical business processes, enabling companies to eliminate paper and manage payroll receipt deliveries with full confidence and transparency, while ensuring regulatory compliance.”

Juan Aguilera Franceschi, Managing Partner at eSource Capital, added: “Our partnership with DANAconnect allows us to offer companies in the region a robust solution that optimizes payroll management. PayrollTrace provides the security and flexibility companies need to manage payments efficiently and sustainably.”

The partnership between DANAconnect and eSource Capital combines DANAconnect’s strength in omnichannel business communications with eSource Capital’s expertise in cloud digital transformation. Together, they aim to provide businesses across the Americas with a comprehensive solution that not only optimizes payroll delivery but also ensures compliance with local regulations, guaranteeing that every transaction is backed by complete audits.

About DANAconnect

DANAconnect is a North American company and a leader in communication automation for financial companies through its omnichannel platform. It sends communications to more than 10% of the population of the Americas every month, ensuring secure deliveries, traceability, and large-scale regulatory compliance.

About eSource Capital

eSource Capital is a leading Google Cloud partner in Latin America, specializing in digital transformation and cloud solutions. With a focus on Google Workspace and Google Cloud, eSource Capital helps companies optimize their operations in the digital environment.

Media Contact

Fabiana Arroyo, DANAconnect Corp., 1 8556003262, info@payrolltrace.com, https://www.payrolltrace.com

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View original content to download multimedia:https://www.prweb.com/releases/danaconnect-and-esource-capital-launch-payrolltrace-for-digital-payroll-compliance-302254651.html

SOURCE DANAconnect Corp.

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Siemon Announces Optical Patching Solutions for GenAI Networks Using NVIDIA Accelerated Computing

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8 hours ago

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September 22, 2024

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Siemon announces it is offering its full range of optical patching solutions to work specifically with NVIDIA AI infrastructure for generative AI networks.

WATERTOWN, Conn., Sept. 22, 2024 /PRNewswire-PRWeb/ — The Siemon Company, a global leader in network infrastructure solutions, today announced it is offering its full range of optical patching solutions to work specifically with NVIDIA AI infrastructure for generative AI networks. Large complex GPU clusters can benefit from using structured cabling patch panels versus point-to-point cabling. Siemon acts as a trusted advisor to customers by providing expert advice and best practice recommendations for design & deployment of NVIDIA AI Infrastructure.

“Siemon is very familiar with NVIDIA reference architectures and has worked with many customers to design and deploy NVIDIA clusters… Siemon offers a full range of AI-ready fiber cabling, DAC, and AOC solutions that support 400G, 800G, and 1.6T applications.”

As part of the solution integration, Siemon has joined the NVIDIA Partner Network (NPN) as a Solution Advisor Consultant. NPN Solution Advisor Consultants provide consultation services and expert advice to customers looking to implement NVIDIA-based solutions or technologies. Siemon joins the network to offer its expertise in addressing the unique infrastructure and cabling challenges presented by accelerated computing.

NVIDIA optical reach specifications are calculated assuming two optical patch panels are used in the link and assuming each employ two optical connectors, which makes for a total allowance of four optical connectors in the link. The Siemon optical patching solutions meet NVIDIA requirements and provide customers with flexibility and ease of management.

Media Contact

Brian Baum, Siemon, 1 8609454200, brian_baum@siemon.com

View original content:https://www.prweb.com/releases/siemon-announces-optical-patching-solutions-for-genai-networks-using-nvidia-accelerated-computing-302254640.html

SOURCE Siemon

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AMSimpkins & Associates Awarded Wisconsin Technical Purchasing Consortium Contract RFB 25-002TP – for Identity Verification Solutions

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9 hours ago

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September 22, 2024

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AMSimpkins & Associates has been awarded the Wisconsin Technical Colleges Purchasing Consortium (WTC-PC) contract for Identity Verification Solutions. This partnership includes providing their advanced S.A.F.E. (Student Application Fraudulent Examination) platform to 16 Wisconsin technical colleges, enhancing security and safeguarding against fraudulent student applications. With a focus on higher education, AMSA aims to support these institutions in maintaining the integrity of their admissions processes and preventing identity fraud. This collaboration underscores AMSA’s commitment to delivering innovative solutions tailored for the education sector.

ATLANTA, Sept. 22, 2024 /PRNewswire-PRWeb/ — AMSimpkins & Associates is proud to announce its selection by the Wisconsin Technical College System Purchasing Consortium (WTC-PC) to provide Identity Verification Solutions through the S.A.F.E. platform. The WTC-PC comprises 16 independent, publicly funded two-year technical colleges across Wisconsin, including Blackhawk Technical College, Chippewa Valley Technical College, Fox Valley Technical College, and Milwaukee Area Technical College, among others.

“We are honored by the Wisconsin Technical College Consortium’s trust in AMSA. This partnership further emphasizes our commitment to providing secure, innovative identity verification solutions that support the needs of educational institutions in protecting their students and operations.”

With a focus on preventing identity fraud, AMSimpkins & Associates’ comprehensive solutions will strengthen the security measures across admissions, enrollment, and financial aid processes, ensuring secure verification and compliance with federal and state regulations. S.A.F.E. will now support Wisconsin’s higher education system, offering its cutting-edge technology to streamline operations and safeguard student data.

“We are honored by the Wisconsin Technical College Consortium’s trust in AMSimpkins & Associates,” said Maurice Simpkins, President and Founder. “This partnership further emphasizes our commitment to providing secure, innovative identity verification solutions that support the needs of educational institutions in protecting their students and operations.”

As part of this agreement, AMSimpkins & Associates will deliver comprehensive services, including system integration, training, and ongoing support to ensure seamless implementation. S.A.F.E.’s capabilities are designed to evolve with growing threats of fraudulent activities, keeping institutions one step ahead in securing student identities.

Institutions in the Wisconsin Technical College System:

Blackhawk Technical CollegeChippewa Valley Technical CollegeFox Valley Technical CollegeGateway Technical CollegeLakeshore Technical CollegeMadison Area Technical CollegeMid-State Technical CollegeMilwaukee Area Technical CollegeMoraine Park Technical CollegeNicolet Area Technical CollegeNorthcentral Technical CollegeNortheast Wisconsin Technical CollegeNorthwood Technical CollegeSouthwest Wisconsin Technical CollegeWaukesha County Technical CollegeWestern Technical College

The S.A.F.E. platform’s advanced identity verification services will play a pivotal role in securing sensitive data and ensuring a safe and fraud-free environment for Wisconsin’s technical colleges and their students.

For more information about AMSimpkins & Associates and the S.A.F.E. platform, please visit amsa-highered.com.

Media Contact

LAQWACIA SIMPKINS, AMSimpkins & Associates, 1 6786824193, LSIMPKINS@AMSA-CONSULTING.COM, amsa-highered.com

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View original content:https://www.prweb.com/releases/amsimpkins–associates-awarded-wisconsin-technical-purchasing-consortium-contract-rfb-25-002tp—for-identity-verification-solutions-302253867.html

SOURCE AMSimpkins & Associates

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