13 December 2023
Together we will be presenting the ‘Tech for the World’ pillar, which will see events across the motu that showcase New Zealand’s many inspiring global tech stories, as well as events that help prepare Kiwi tech entrepreneurs and leaders to take their innovations to the world. This partnership also provides an opportunity for the tech ecosystem to discover the resources and support NZTE provides to exporting tech companies.
According to the 2023 TIN Report, Aotearoa New Zealand’s technology sector has more than doubled in size in the last 10 years. The sector has a growing cohort of companies that have achieved self-sustaining growth, driven by the expansion of their global presence. In fact, seventy-six percent of revenue from New Zealand’s top 200 tech companies was earned offshore, with our largest markets being North America, Europe and Australia. It should come as no surprise, then, that tech is New Zealand’s 2nd largest export earner (after dairy), or that, with this growth set to continue, New Zealand tech exports are on a trajectory to hit NZ$20.5 billion by 2027.
As a country, we are always looking beyond our shores for new challenges. That’s why we say Aotearoa New Zealand’s tech businesses are ‘born global’. From day one — our tech companies think big and structure themselves to deliver innovative, international solutions.
New Zealand innovations are making a difference in people’s lives right around the globe. Our wireless charging technology is helping create a wireless future for mobile phones. 90% of the world’s silicon chips are made with our production technology; respiratory equipment developed here helps over 20 million people in 120 countries to breathe easier every year; and our electromagnetic technology impacts the lives of millions worldwide – powering everything from touch screens to cancer treatment systems.
It’s a natural fit for the NZTech team to be working alongside NZTE to ignite the conversation about the global impact of New Zealand technology at Techweek24. NZTE is the government agency charged with helping businesses to grow internationally, for the good of New Zealand. They work with our ‘born global’ tech businesses of all sizes, as well as firms raising growth capital.
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