This whole-of-government agreement gives NSW state agencies and eligible non-government bodies easier access to Macquarie's cyber, cloud, network, and data centre services.
It will include the sovereign cyber security centre of excellence planned for the company's Macquarie Park data centre campus.
"The Panel is a key element of the NSW Government's cloud strategy, which aims to rapidly advance the use of cloud services with the support of local providers," said Macquarie Government managing director Aidan Tudehope.
"NSW is fast becoming a world leader in cloud and cyber security, and we are proud to be providing government agencies with these services for more than 20 years.
"This is a huge step in that journey, but it's more than that. It illustrates the range of cloud capabilities sovereign Australian companies can now provide to achieve whole-of-government agreements, which have typically been afforded to multinational providers."
Macquarie will recruit people to fill a range of new roles supporting opportunities arising from the agreement and from contracts with Federal Government customers.
The company is considering similar agreements with other state governments.