NZ tech leader to speak at international summit in the Netherlands

Source: MakeLemonade.nz

Auckland – NZTech CEO Graeme Muller has been invited to speak at a major tech event in Europe later this year as interest grows in New Zealand’s transition to a leading digital economy.

He is speaking at the BTG conference in Noordwijk, the Netherlands, and will also attend the Global Entrepreneur Summit in the Hague in early June.  A number of New Zealand tech firms have also applied to attend the Hague conference which is invite only for the top 2000 start ups in the world.

Muller heads NZTech which is a non-governmental organisation that works between government and industry to help accelerate New Zealand’s digital prosperity. Technology is New Zealand’s fastest growing and third biggest industry.

He will be sharing experience from more than a decade of technology forecasting and recent years of policy advisory to discuss what it is taking for New Zealand to be a truly connected digital nation.

At Noordwijk he will share insights from recent research and from the Digital Nations 2030 Summit in Auckland last year which was an international event that brought together governments of many of leading digital nations in the world.

“The Digital Nations summit was the biggest and most important international tech conference ever to be staged in New Zealand and is helping pave the way for faster advances in the Kiwi economy.

“The Netherlands is an exciting and highly relevant country for New Zealand just now. They identified a decade ago that food production would be critical for the Netherlands, and that with the right investment would enable a major export industry.

“While in the Netherlands, I plan to meet the team from Food Valley  and other leaders in agritech to learn more about their transition to a global leader in agritech and to build bridges for investors, entrepreneurs and market opportunities,” Muller says.

For further information contact NZTech chief executive Graeme Muller on 021 02520767 or Make Lemonade editor-in-chief Kip Brook on 0275 030188

Photo: NZTech chief executive Graeme Muller

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Tech firms’ continued R&D growth driving economic growth

Source: MakeLemonade.nz

Auckland – New data from Statistics NZ highlights the continued growth of R&D (research and development) by tech firms, with computer services and scientific and tech services making up 35 percent of all R&D investment.

Computer services companies alone invested $586 million in R&D in 2018, an increase of $150 million, NZTech chief executive Graeme Muller says.

“The scale of R&D investment by tech firms should be recognised and celebrated as many of these firms develop solutions that are enablers for other sectors,” he says.

The tech sector is made up of more than 20,000 firms, most of them small businesses, yet they contribute around $16 billion to GDP and close to $7 billion in exports, making them the country’s third largest export sector.

“The growth of the tech sector is contributing to regional growth and employment, with over 100,000 Kiwis now employed by tech firms. However, the biggest impact from a growing tech sector is the positive impact of its growth on the economy as a whole.

“Research has shown that for every new tech job created a further four other jobs are created around it.”

It is also cause for celebration to see investment in ICT not limited to the tech sector with Statistics NZ data showing that across sector R&D investment in information and communication services reached $431 million, a 40 percent growth, which now accounts for 11 percent of all R&D invested in New Zealand, Muller says.

“As New Zealand businesses invest in technology their productivity and profitability improves. Increased use of internet services by small businesses in New Zealand could be worth $34 billion in economic growth according to a 2016 study.

“Hopefully the transition from growth grants to the R&D tax credit system will not slow this growth in R&D. There are still a couple of definitional issues to resolve to ensure software firms can continue to have access to R&D incentives and that high growth pre-profit firms are also given incentive to invest. However, it is expected that overall R&D investment by tech firms will continue to grow,” Muller says.

New Zealand has a growing number of successful software firms like Xero, Pushpay, FarmIQ and Soul Machines who continue to spend significant amounts on R&D as their products need constant development.

The R&D incentive will help get New Zealand tech and innovation to the world and support the growth of the fastest growing industry in the country, he says.

For further information contact Make Lemonade editor-in-chief Kip Brook on 0275 030188

Photo: NZTech chief executive Graeme Muller

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