Suncorp's hackathon reboot

Atlassian's cultural clout is being felt in the panelled offices of one of nation's top banks as Suncorp adopts the Australian software developer's innovative way to solve business problems.

By InvestSMART · 19 Nov 2013

By InvestSMART ·
19 Nov 2013

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Atlassian's cultural clout is being felt in the panelled offices of one of nation's top banks as Suncorp adopts the Australian software developer's innovative way to solve business problems.

Suncorp chief information officer Jeff Smith told an Amazon Web Services conference in Las Vegas last week that Atlassian had inspired the bank to innovate more.

Atlassian - an influential maker of business software tools used by NASA and Facebook, among others - has been conducting one-day company-wide hackathons since 2005, pitting engineering teams against each other to code software in just a day.

Mr Smith said the concept had jump-started an innovation policy at Suncorp.

Full story: smh.com.au/it-pro

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Frequently Asked Questions about this Article…

What is Suncorp's hackathon reboot inspired by?

Suncorp's hackathon reboot is inspired by Atlassian's innovative approach to solving business problems through one-day company-wide hackathons.

How has Atlassian influenced Suncorp's innovation policy?

Atlassian has influenced Suncorp's innovation policy by inspiring the bank to adopt more innovative practices, such as conducting hackathons to encourage creative problem-solving.

What role does Jeff Smith play in Suncorp's innovation strategy?

Jeff Smith, Suncorp's Chief Information Officer, plays a key role in driving the bank's innovation strategy, as he has been instrumental in adopting Atlassian's hackathon model.

Why are hackathons beneficial for companies like Suncorp?

Hackathons are beneficial for companies like Suncorp because they foster a culture of innovation, encourage teamwork, and allow employees to develop creative solutions to business challenges in a short time frame.

What is the significance of Atlassian's hackathons?

Atlassian's hackathons are significant because they have been a successful model for fostering innovation and creativity, used by major organizations like NASA and Facebook.

How do hackathons contribute to business problem-solving?

Hackathons contribute to business problem-solving by bringing together diverse teams to collaborate and develop innovative solutions quickly, often leading to new ideas and improvements.

What industries have benefited from Atlassian's software tools?

Industries such as aerospace and social media have benefited from Atlassian's software tools, with organizations like NASA and Facebook using them to enhance their operations.

How can everyday investors view Suncorp's adoption of hackathons?

Everyday investors can view Suncorp's adoption of hackathons as a positive step towards fostering innovation and staying competitive in the financial industry, potentially leading to improved business performance.