Australia could be doing more to help
its sports technology innovators team up and attack export markets, according
to those involved in a collaborative hub to be launched today. Brent Balinski
to those behind a new partnership aimed at boosting the country’s contribution
to the world’s sports technologies, there are huge opportunities for Australian
The Australian Sports Technologies Network, an
initiative of the former government and launched in 2012, claims the market is worth $300
billion. The ASTN
believes local companies aren’t playing a big enough part in a market dominated
by US firms (who account for 41 per cent of it).
very good competitive advantages in wearable devices, smart apparel, equipment,
medical and health products, but we’ve [also] really got a big advantage in
sport as a country,” chairman of Australian Sports Technology Network James
Demetriou told Manufacturers’ Monthly.
organisation – which links 160 members, including 45 who make equipment – is launching
a partnership with META in an
Australian Sports Advanced Manufacturing Hub.
hub, led by the ASTN, is part of an effort to correct a situation that sees the
country import $2 billion in manufactured sporting goods annually while
exporting a mere $268 million.
collaboration hub – which aims to foster links between SMEs, specialist
researchers, larger firms and investors – is the second META has announced, after its Carbon Fibre Hub in May.
my point of view, sports equipment manufacturers are not different from a lot of
other manufacturers,” Albert Goller, managing director of META, told Manufacturers’
challenges faced are familiar with the broader industry. And, as with the rest
of the manufacturing industry, META believes that a future in exports could be
made brighter through networks of collaboration.
companies are competing on a company level, and they are doing very good
things, but today and more in the future, networks are really competing, and not single companies,”
have a lot of colleagues in your country that you should collaborate with and
go collectively in addressing markets. That would be the biggest challenge we
have in Australia. Excellent companies but they go on their own.”
to Demetriou, there were also supply chain advantages for companies they might
be aware of through networking.
classic case would be where a company has been manufacturing, say, protective
equipment and in the old days would go to China to get the protective equipment
done, not realising there’s one or two or three Australian companies that can
manufacture at high quality with an equal cost,” he said.
a very genuine case example, which is happening right now.”
hub, which will be officially launched at the Melbourne Cricket Ground at 1 pm today,
has identified “two or three” potential collaborative projects that it hopes to
have underway over the next six months to a year.
partnership is part of META’s effort to drive Australia’s manufacturing competitiveness
through collaboration and growth through exports. Part of its plans will
include more than 10 collaboration networks being launched this year.
might call it a bold claim, but Goller believes that, with the right strategy
and attitude, a manufacturing boom following the resources boom is achievable.
only our own belief and we are talking ourselves down and saying ‘we can’t do
that’,” he offered.
you listen to the successful manufacturers, and when you encourage them to work
together, we can really build a new powerhouse in manufacturing.”
For more information on META, visit http://meta.org.au/
For more information on the ASTN, visit http://astn.com.au/