Accenture and Telstra have set up a new product innovation lab in Melbourne, Victoria, Australia to develop cloud computing products for customers in Australia and New Zealand.

The move forms part of the Accenture and Telstra cloud computing alliance, and will be hosted in a Telstra facility.

Accenture said the Telstra product innovation lab will serve as an Australian innovation hub, enabling the development of business oriented technology offerings for the enterprise and government organisations.

The initiative aims to support the local development of cloud services in Australia and New Zealand, and bring to the markets cloud offerings seen in other parts of the world.

Telstra said the new Lab will strengthen its capabilities in providing locally-hosted cloud services as well as develop applications for Australian organisations, who are increasingly looking to the cloud for their IT services.

The companies intend to develop complete set of cloud services with new innovations and the sort of capabilities organisations will need to migrate to the cloud.

Australia is a proven early adopter of technology, and with the growing interest in cloud computing, Accenture says Australia is an ideal place to establish a product innovation lab.

The lab will address the growing needs for cloud computing offerings, and offer organisations a vision of how cloud computing technologies, along with other technology trends, can improve their business performance, and demonstrate first-hand the cutting-edge solutions they can adopt, the companies said.

The Accenture Innovation Network consists of the company’s research and development centres globally, including the Accenture Technology Labs, the Accenture Global Delivery Network, and Accenture’s joint development centres with technology alliances, focused on cloud computing, analytics, mobile technology, emerging architectures and unified communications.