Click to go to change the background image Port Melbourne Area, Victoria, Australia


Lloyd Bunting:  Founder, Investor

Lloyd Bunting is the founder of:

Lloyd is also an investor in:

Experience

Information Technology

🤔 Lloyd has been in information technology since 1970 (54 years ago) - the early days of electronic computing in Australia (CDC3200: 8-bit CPU with 4-wire iron core memory array - machine, assembler (COMPASS) and compiler languages: FORTRAN and COBOL). The CDC 3200 was used by the US government (eg IRS), defense (eg Vandenberg ICBM launch control) and universities. It was also used by Canada's Defence Research Communications Establishment, Ottawa.

At that time Lloyd was also programming IBM System/360, the first commercial mainframe.

🤔 Lloyd's machine language experience was applied to the first microcomputers (Zilog Z80, Intel 8080 and Motorola 6502), then BASIC and FORTRAN in Hewlett Packard and Prime minicomputers, service bureaus, NSWIT/UTS ICL 1904 mainframe to statistical and modeling products and the internet. At that time BASIC had no apparent limit on the number of dimensions in an array, which was great for his development of Mathematrix (academic use only: eg transport model optimization).

Strategic Management

🤔 In the Australian Federal government's Office of the Public Service Board Lloyd worked in areas of performance improvement for government departments and programs, strategy development and implementation (machinery of government), and service-wide implementation of IT strategic planning and program performance improvement.

🤔 In the Federal Department of Finance Lloyd worked on service-wide implementation of program budgeting (recommended in the 1976 Report of the Royal Commission on Australian Government Administration).

Project Management

In the private sector Lloyd has worked on major high technology projects for Defence, government, aviation and the banking sector.

🤔 While in the Office of the Public Service Board, Lloyd was asked by the Deputy Chief of Naval Staff (RADM Neil Ralph) to participate in a study led by an external consultant and CDRE Mal Savage with other senior naval officers, of Navy Office's capability to support the simultaneous introduction into service of new destroyers and Oberon Class submarines. DCNS' concern is relevant to the proposed acquisition of different types of submarine under the AUKUS agreement.

🤔 Other projects conducted while in the PSB included:

🤔 While working in Defence, Lloyd developed the application of Monte Carlo simulation for risk identification, assessment and management of multiple potential critical paths in major defence acquisition project networks (with CMDR John P. Jenner [Director Naval Integrated Logistic Systems Management] and WGCDR Terry O'Brien [nuclear scientist]). Prime Computer provided their Canberra laboratory and Execucom provided their IFPS software. The MCPM demonstration project was the construction of a fleet of mine hunters.

✅ Lloyd, John and Terry presented MCPM to the RADM head of naval projects and his project managers, and also to a large MTE public seminar in Sydney.

Simulation requires a lot of processor power. Like AI, future analytical projects of this sort will require fast computers, one of the key drivers of Techinvestment.com's interest and investment in quantum computing (incl Amazon Braket, Google and IonQ). 🤔 More sub-atomic particles with potential use in computing, eg bosons and quarks: Fermionic quantum computing.

✅ MCPM simulation was supported in a 1986 report: Joint Committee of Public Accounts (JCPA) Review of Defence Project Management (243) - Recommendations 15 and 16 (paragraphs 4.21-4.23). Simulation is now incorporated into some advanced project management systems. [DSTO Aeronautical and Maritime Research Laboratory Paper, Jul 2000]

🤔 Monte Carlo simulation also has application in Markov Chain Monte Carlo (MCMC) and Quantum Monte Carlo (QMC) methods for example evaluation of alternate theories in astrophysics, such as the nature of gravity: space-time or quantum? [UCL 4 Dec 2023], [Wiki]

Entrepreneurship

🤔 In 2005 Lloyd founded a successful SaaS company (eGrants.com/eGov.com.au). eGrants supported programs distributing about $1 billion in funds to state and local governments and other entities, with "clean" assessments from the ANAO. At the time there were no government security standards for SaaS, so our system was certified against PCI/DSS and audited for exposures and new threats daily by Symantec. Symantec's MSSP team would daily search for weaknesses in eGrants security, and would require any weakness to be fixed within 72 hours.

✅ eGrants achieved a 99.5% user compliance rate and a 95% satisfied or very satisfied rating by users, and the grant program (our client) received a Minister's achievement award. eGrants was also used to accelerate the investment of grant funding into local government infrastructure projects at the depth of the GFC. Every schedule target was met: "if it's not impossible we're not being ambitious enough".

🤔 In 2010 Lloyd founded TechInvestment.com as an investor in technology and collaborated in the foundation of Techseeder.com.

Work History

TechInvestment: Apr 2001 - Present

TechInvestment.com invests in NASDAQ, NYSE and ASX technology stocks.

The website tracks the performance of the company's international investment portfolio: weekly reports, portfolio and company charts, and calendar of events impacting on the portfolio.

EGov/eGrants.com: Oct 2005 - Jun 2010

eGov was a consultancy and technology company that supported major government grant programs with total funding of about AUD 1 billion.

eGov's technology product, eGrants.com, increased the productivity of program staff by more than 10x, minimising program costs, shortening time from application to approval, and maximising process integrity and grantee compliance in reporting and acquittal.

EDS [Electronic Data Systems]: Aug 1998 - Mar 2001

Development of a business model for border management of Australia's imports. This project was completed for 30% of the budget (by leveraging Customs Service resources).

ANZ Bank: Aug 1993 - Aug 1998

Reporting directly to the Group Chief Financial Officer/Board Secretary: Lloyd provided independent advice to the Executive Committee and Board on approval and performance of about 500 major (>$1m) capital expenditure (strategic implementation) projects in Australia and globally.

Project Management Contractor: Jun 1989 - Aug 1993

Telstra/Marconi tender for the $1 billion Jindalee Over the Horizon Radar Network project. Lloyd's contribution to the Telstra/Marconi bid was project risk management (using Lockheed Missiles and Space methodology) - earning top score in this area of the tender evaluation.

Civil Aviation Authority (now AirServices Australia) Cost/schedule control for radar sensor procurement project (RASPP: 26 enroute and major airport sites around Australia).

Defence Supply Systems Redevelopment [SDSS] project: Business case specialist in the prime systems integration team. Lloyd's work included building a capacity planning model to determine sizing and costs of all viable alternative network design configurations for Defence supply management and all ADF supply depots.

Australian Government: Oct 1966 - Jun 1989

Department of Defence: Inspector-General's Office: Projects.

Department of Finance: Jun 1987 - Jul 1989: Principal Finance Officer.

Australian Parliamentary Service: Presiding Officers' Coordination and Planning Advisory Group: Advisor to the President of the Senate, Speaker of the House of Representatives and Parliamentary Departments.

Office of the Public Service Board: Jan 1983 - Jul 1987: Service-wide, departmental, program and strategic projects and assignments.

Department of Defence: May 1980 - Dec 1982: Projects.

Department of Administrative Services: May 1978 - Oct 1980: State Branch Accountant, Transport and Storage Division.

Department of the Navy and Defence: Finance Division, Garden Island Dockyard (Sydney Harbor): 1967 - 1978.

Australian Army: 1 Army Air Supply Organisation (1AASO): Air Dispatcher, đŸĒ‚ Parachutist (36 AD PL: now 176 AD PL, a sub unit of 9th Force Support Battalion).

Education

University of New England (Residential): Company Directors Diploma 1989

University of Technology Sydney (NSWIT): Master of Business Administration 1984: Investment

Defence Science and Technology Organisation (for Lieutenant Colonel and Colonel equivalent officers - Residential): Defence Systems Management Course 1/82, 1-27 Aug 1982

University of Technology Sydney (NSWIT): Bachelor of Business 1981: Economics, Accountancy, Business Law

Control Data Institute: Computer Programming Diploma 1970-1971

RAAF: 1 Basic Flying Training School (1BFTS): 64 Pilots Course (age 19) 1966-1967

Professional updates, incl:

Professional Memberships and Activities

Current Memberships

Former/Retired Memberships

Former Professional Activities: CPA Australia