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Telstra ranked Australia's most innovative company in 2017

By Peter Binks and Christopher Goldsworthy, BHERT

29-Aug-17


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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