IBM has signed an agreement with the Australian and Victorian Governments to establish a new research and development laboratory in Australia.

The new R&D Lab located at the University of Melbourne, combines research and development in a single organisation and will begin operations during the first quarter of 2011.

IBM said that research and development at the new lab plans to focus on smarter natural resource management which includes resource discovery, production, supply chain and operations; and smarter natural disaster management which includes real-time event (stream) processing, weather modelling, traffic management and mobility analytics.

In addition, the R&D lab will focus on collaborations that have already begun with the University of Melbourne in computational life sciences, and extend its work to a range of topics in healthcare and life science analytics.

IBM SVP John Kelly said the new R&D lab will work closely with Australian scientists and engineers from academia, government and commercial entities to extend the company’s R&D presence and further the impact of its smarter planet strategy.