Macquarie Technology Group

What Macquarie Technology Group does

Macquarie Technology Group Limited (ASX: MAQ) is a publicly listed Australian technology group operating four integrated business units — Macquarie Telecom (full-service data, voice, mobile, and colocation), Macquarie Cloud Services (Azure-only managed services plus private cloud and colocation), Macquarie Government (ASD PROTECTED-certified cyber security and secure cloud), and Macquarie Data Centres (certified colocation from single rack to multi-megawatt hyperscale) — anchored by the Intellicentre data centre campuses in Sydney (IC1, IC2, and the forthcoming IC3 Super West with planned 47MW capacity) and Canberra (IC4 and IC5 Bunker at Fairbairn).

The underlying technology stack combines proprietary and partner-led capabilities including SD-WAN (first MSP worldwide to deploy VMware VeloCloud SD-WAN Virtual Edge into Azure), Riverbed-based managed WAN optimisation that delivers up to 33x faster SaaS performance and 97% bandwidth reduction, Zerto-powered disaster recovery, and CloudHealth by VMware for Azure cost optimisation. Holding the highest-level certifications for both cloud services and data centres under Australia's Hosting Certification Framework — including ASD PROTECTED status and Certified Strategic designation — Macquarie is positioned as the only Australian provider qualified to host sovereign workloads up to PROTECTED classification at scale. The Heartbeat customer experience programme underpins a reported NPS of +82, the best of any ASX-listed company.

The business model is dominated by subscription and managed-services revenue across colocation, cloud, cybersecurity, and telecom, sold primarily through direct enterprise field sales, with a specialist Macquarie Government division carrying NV1-cleared staff to serve Federal Government agencies (penetration cited at 42%), defence, and critical infrastructure operators. Customer concentration is spread across named enterprise and government logos (e.g., Open Minds, Hall & Prior, eCorner, Department of the Environment) plus hyperscaler and ASX-listed segments. Recent capital actions — including AU$200M hybrid financing from the National Reconstruction Fund Corporation and an upsized AU$500M debt facility — are explicitly earmarked for sovereign cloud, cybersecurity, and multi-hundred-MW data centre expansion.

Name

Macquarie Technology Group

Legal name

Macquarie Technology Group Limited

Website

https://macquarietechnologygroup.com

Company type

Public

Founded year

1992

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Macquarie Technology Group (ASX: MAQ) is an Australian public technology group operating four integrated businesses — telecom, Azure managed cloud, sovereign cyber security for federal government, and multi-megawatt data centres in Sydney and Canberra — serving government, enterprise, and hyperscaler customers.

Ownership category

akta.pro rank

Product category

Cloud Infrastructure & Data Centre Services

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)

akta.pro primary industry

Retail Colocation (Multi-Tenant Data Centers) (HDABACAA)

akta.pro secondary industries

Hyperscale Data Center Campuses (Build-to-Suit) (HDABACAC), Cloud Security Managed Services (CSPM/CWPP/CNAPP) (BPAEADAF), Industry/Vertical Cloud Platforms (e.g., Gov/Healthcare/Financial Cloud Regions) (HDABAAAL), Continuity for SaaS & Cloud Apps (M365/Salesforce Backup) (HDABAIAK)

Keywords

• Data centre colocation
• Cloud managed services
• Sovereign cloud computing
• Telecommunications services
• Cybersecurity solutions

Headquarters

HQ city

Sydney

HQ country

Australia

HQ region

Oceania

Offices9 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Technology or R&D, Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Data Centre Colocation: Certified colocation, connectivity and engineering services ranging from single rack to multi-megawatt hyperscale requirements. Revenue from power, cooling, and space leasing.
2. Cloud Services: Hybrid IT services including private, public and dedicated cloud hosting. Azure managed services with cost optimization delivering average 26-30% cost savings.
3. Telecom Services: Data, voice, mobile and colocation services for business customers. Full service telecommunications provider.
4. Government Cybersecurity Services: Sovereign cloud, AI-cybersecurity capabilities and secure data facilities for government agencies, Department of Defence, and critical infrastructure operators.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Macquarie Technology Group operates four business units delivering data centre colocation (from single rack to multi-megawatt hyperscale), hybrid cloud services (Azure managed services with cost optimization), full-service telecommunications (voice, mobile, data), and ASD-certified sovereign cybersecurity and PROTECTED-level secure cloud for Australian Federal Government agencies. The company runs certified data centre campuses in Sydney (IC1, IC2, IC3 Super West) and Canberra (IC4 and IC5 Bunker), serving 42% of Federal Government agencies and hyperscale customers.

Product overview

Macquarie Technology Group is a diversified Australian technology company operating four core business units: Macquarie Telecom (full-service telecom including voice, mobile, data, and colocation), Macquarie Cloud Services (Azure-only managed services, colocation, and private cloud), Macquarie Government (ASD-certified cyber security and PROTECTED-level secure cloud for Federal Government agencies serving 42% of agencies), and Macquarie Data Centres (certified colocation from single rack to hyperscale). The group operates data centre campuses in Sydney (Macquarie Park campus with IC1, IC2, IC3 Super West) and Canberra (IC4 & IC5 Bunker). Services span managed WAN optimisation (Riverbed), SD-WAN, Azure managed services, disaster recovery (Zerto), and sovereign cloud capabilities. The company is Certified Strategic by the Australian Federal Government and holds the highest-level certifications for both cloud services and data centre facilities under Australia's Hosting Certification Framework.

Differentiator

Problem solved

Functional benefit

Brands

• Intellicentre: Data centre brand including IC1, IC2, IC3 Super West, IC4 Bunker, and IC5 facilities in Sydney and Canberra.
• Heartbeat

Products and services

• IC3 Super West Data Centre Third and final data centre on Macquarie Park campus in Sydney's north zone, with planned capacity of 47MW, purpose-built to support AI and cloud demands.
• Data Centre Colocation Services Certified colocation, connectivity and engineering services ranging from single rack to multi-megawatt hyperscale requirements, with 100% rebate-backed uptime guarantee for power and cooling.
• GovZone Secure Cloud ASD-certified PROTECTED-level secure cloud service for Australian Government agencies, hosted in certified data centres in Canberra and Sydney.
• Secure Internet Gateway (SIG)

Quantifiable outcome

• NPS of +82, highest of any ASX company in Australia
• +5 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered strategic, core and minor.

• Macquarie UniversitystrategicStrategic or Co-development Partner · 30 April 2026Strategic partnership to support future collaboration across research, technology and innovation. Establishes framework for joint research initiatives and learning pathways development.
• Microsoft AzurecoreTechnology or Integration · 1 February 2020Strategic agreement making Macquarie the 'Azure only' managed services provider. Azure practice growing rapidly with dedicated certified experts. Long-term strategic relationship with Microsoft.
• VMware (CloudHealth)coreTechnology or Integration · 1 January 2020Premier VMware Partner with certifications in both Azure and VMWare CloudHealth platforms. CloudHealth platform fuels Azure Managed Services with valuable insights for cost optimization and compliance governance.
• Australian Government - Department of DefencecoreStrategic or Co-development Partner · 1 January 2020Major customer and strategic partner for sovereign cloud and cybersecurity services. Macquarie is the only provider with highest-level certifications for both cloud services and data centre facilities under Australia's Hosting Certification Framework.
• CiscostrategicTechnology or Integration · 1 January 2016Worldwide Cloud and Managed Services Cisco Master Partner certification, joining exclusive club of cloud providers. Master Partner certification signifies world-class cloud architecture.
• United WayminorOthers · 1 January 2016Community partnership spanning 20 years supporting communities through United Way campaigns, flood relief, bushfire appeals, and educational initiatives including East Timor support.
• Riverbed TechnologystrategicTechnology or Integration · 1 August 2015Partnership to offer Riverbed SteelHead SaaS as managed service, delivering up to 33x faster SaaS performance and 97% bandwidth reduction. Combined private WAN and public internet optimization.

Scale indicators10 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• NEXTDC: ASX-listed (NXT) Australian data centre operator running a national network of hyperscale and retail colocation facilities. Closest direct competitor to Macquarie Data Centres and benchmark for sovereign cloud adjacency.
• CDC Data Centres (Canberra Data Centres): Australian operator of secure, sovereign-grade data centre campuses, especially for Federal Government and Defence. Direct competitor in the same government-certified colocation niche.
• Datacom: Australia/NZ-headquartered IT services and cloud provider with data centre operations. Comparable in managed cloud services and mid-market/enterprise hybrid IT focus.

Broad incumbents

• Telstra: Australia's largest incumbent telecom and a growing cloud/data centre player via Telstra InfraCo. Competes with Macquarie Telecom across voice, data, mobile, and enterprise managed services.
• TPG Telecom: Major Australian telco (ASX:TPG) offering mobile, fixed broadband, and enterprise services. Overlaps with Macquarie Telecom in business voice, data, and colocation.
• Optus (Singtel): Second-largest Australian telco and subsidiary of Singtel. Competes with Macquarie in mobile, enterprise data, and increasingly in sovereign cloud/data services for government.
• Equinix: Global multi-tenant colocation leader with Australian presence (Sydney). Sets international benchmark for retail colocation economics and is a long-term competitive reference for Macquarie Data Centres.
• Digital Realty Trust: Global hyperscale and retail colocation operator with Australian footprint. Comparable business model and a key competitor for hyperscale anchor tenants on the 150MW project.
• Fujitsu Australia: Major ICT services provider in Australia with significant federal government contracts. Overlaps with Macquarie Cloud Services and Macquarie Government in managed services and sovereign cloud delivery.

Emerging players

• Sliced Tech: Australian sovereign cloud and managed security services provider focused exclusively on government. Direct niche competitor to Macquarie Government in ASD-certified secure cloud.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/macquarie-technology-group
• Facebookfacebook.com/Macquarie-Telecom-Group-100063645917609

Compliance11 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries4 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Macquarie Technology Group