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Codux vs Macquarie Technology Group: Which MSP is Better? | The MSP Playbook

Article 2026-07-27

Codux vs Macquarie Technology Group

A detailed comparison of two major Australian Managed Service Providers.

Feature Codux Macquarie Technology Group
Overall Score3.74.1
TypeBoutique / High-GrowthEnterprise / Cloud
Employees10-30500-800
Founded20181995
HeadquartersSpotswood, VICSydney, NSW
RevenuePrivate$379.4M
Salary Range$70,000 - $110,000$85,000 - $170,000
SpecialtiesMicrosoft 365, Teams & Modern Workplace, Cloud Migration, Cybersecurity, IT Advisory / vCIO, Digital TransformationData Centre, Cloud, Managed Services, Government Cloud
CertificationsMicrosoft PartnerAWS Partner, Microsoft Partner, VMware Partner
Green FlagsModern, software-first approach to IT services
Strong focus on Microsoft 365 and Teams expertise
Flexible work culture with emphasis on learning
Boutique advisory model (vCIO) differentiates from commoditised MSPs
Positive client testimonials across multiple sectors
ASX-listed (ASX: MAQ) Ò€” financial transparency
Highest-rated MSP on Glassdoor (4.1/5)
Strong focus on cloud and security
Good culture and employee satisfaction
Red FlagsVery small scale limits career progression
Below-market pay for senior roles vs enterprise MSPs
Limited brand recognition outside Melbourne
Boutique size means less job security during downturns
Narrow technology stack focus (heavily Microsoft-centric)
Smaller scale Ò€” less exposure to enterprise projects
Limited international presence
Can be bureaucratic in some teams
Worker ProsModern tech stack with Microsoft-centric focus
Flexible, contemporary work culture
Strong emphasis on learning and development
Direct client exposure across strategy and delivery
Autonomy and ownership of work
Highest-rated MSP on Glassdoor
Strong cloud and security focus
ASX-listed transparency
Good culture and employee satisfaction
Worker ConsSmall scale limits career progression
Below-market pay for senior roles
Limited brand recognition outside Victoria
Heavy reliance on Microsoft ecosystem
Less structured HR/P&C than larger firms
Smaller scale Ò€” less enterprise exposure
Limited international presence
Some teams can be bureaucratic

Which MSP Should You Choose?

Both Boutique / High-Growth and Enterprise / Cloud have strengths and weaknesses. Your choice depends on your priorities β€” whether that's career growth, salary, work-life balance, or technical exposure.

Use the side-by-side comparison tool for a deeper look, or check out individual profiles for detailed employee reviews.