One of Australia’s leading cloud IT specialists, PrimeQ, is set to consolidate its global headquarters in Adelaide and will launch three key projects and 72 highly skilled jobs in South Australia.

PrimeQ is the only business in Australia and New Zealand to focus solely on Oracle Cloud business solutions and services. It sells, implements and supports Oracle enterprise software, via the cloud and provides long-term annuity protection for its customers.

The South Australian Centre for Economic Studies has calculated that the value of the project’s GSP in its first 10 years would be $69.2 million.

The expansion will see the creation of an Innovation Centre and is being supported by the State Government with a $500,000 grant from the Economic Investment Fund.

The grant will enable PrimeQ to undertake these projects in Adelaide and develop its technical capabilities quickly to capitalise on its current competitive advantage in the Oracle cloud services market.