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Telstra ranked Australia's most innovative company in 2017

By Peter Binks and Christopher Goldsworthy, BHERT


Telstra, Australia’s largest telecommunications company, has been ranked as the country’s most innovative by AVCAL.The assessment is based on its activities and investments in corporate ventures, accelerators, incubators, internal innovation labs, co-working spaces and startups, in The Australian Corporate Innovation Index, The Venture Capital Effect, Report 2017.The Innovation Score is created using a mix of statistical inputs which considers the types of initiatives undertaken.

The assessment reflects Telstra’s strategy.The company is developing new businesses in potentially high-growth areas such as cybersecurity through its new security operations centres.It is also launching a new product “Secure Internet”, designed to assist consumers and small business monitor their network traffic.

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