Lloyd Bunting is the founder of:
Lloyd is also an investor in:
🤔 Lloyd has been in information technology for more than half a century - since the early days of electronic computing (CDC3200: 8-bit CPU with 4-wire iron core memory array - machine, assembler (COMPASS) and compiler languages: FORTRAN and COBOL). His 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).
In the Australian government Lloyd worked in areas of performance improvement for government departments and programs, and strategy development and implementation (machinery of government).
In the private sector Lloyd has worked on major high technology projects for Defence, government, aviation and the banking sector.
🤔 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.
✅ 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
🤔 In 2005 Lloyd founded a successful SaaS company (eGrants.com/eGov.com.au).
✅ 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.
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 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.
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).
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.
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. This 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.
Department of Defence: Inspector-General's Office
Department of Finance: Jun 1987 - Jul 1989: Principal Finance Officer
Australian Parliamentary Service: Presiding Officers' Coordination and Planning Advisory Group
Office of the Public Service Board: Jan 1983 - Jul 1987: Principal Consultant
Department of Defence: May 1980 - Dec 1982
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, 🪂 Parachutist (36 AD PL: now 176 AD PL, a sub unit of 9th Force Support Battalion).
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: 1966-1967
Professional updates, incl:
Former Memberships
Former Professional Activities: CPA Australia
Our SaaS company eGov Pty Ltd (eGrants.com) was a member of the Australian Information Industry Association.
I guess, like the early days of computing, quantum computers will be accessed on a service bureau basis. So the focus will need to be on learning their uses and languages, eg Qiskit for machine learning applications (circuit library, transpiler). Some time ago we invested in iONQ, a quantum computer manufacturer, but we do understand that the leading edge is likely to be with large companies, such as Google's 53 qubit Sycamore and IBM. Many of our listed investments (eg GOOG/L) are already offering AI and/or applying AI in their products and services.
