Quick facts about Auckland’s ICT sector
- 48 per cent of New Zealand’s ICT companies are based in Auckland
- 24.5 per cent industry growth over the last 10 years
- 55 per cent of the tech sector (37,000 employees) currently work in Auckland
- Competitive salaries with no payroll tax and low compulsory pension contributions
- Six tertiary institutions within Auckland to draw talent from around the world
- New multi-million dollar innovation precinct showcasing ICT and digital media companies being developed along the city’s waterfront
- A well-defined, culturally diverse environment creates an excellent test market
- A vibrant innovation ecosystem with multiple incubators, accelerator and early stage investment community
- ‘Early adopter’ consumers of new technologies
- World leaders at applying technology to add value
- R&D co-funding available through central government agency Callaghan Innovation – supporting technology-based research and development, commercialisation and collaboration.
Wynyard Quarter Innovation Precinct
An exciting new innovation hub on Auckland’s waterfront.
Tenants are signing up for an exciting multi-million dollar project, a new innovation precinct in the heart of Wynyard Quarter on Auckland’s waterfront.
The precinct, being established by Auckland Tourism, Events and Economic Development (ATEED) and Waterfront Auckland, will create up to 24,000m2 of space designed to attract new and emerging ICT and digital media businesses, alongside more established companies.
The precinct aims to rapidly grow the local ICT sector and build on the success and growth already achieved by smart New Zealand tech companies.
Co-investment with New Zealand venture capital and private equity investors
Auckland is the home to most of New Zealand’s major venture capital and private equity investors in the ICT sector.
- Direct Capital is invested in Transaction Services and Fishpond
- Pioneer Capital is invested in SLI Systems, Konnect, WhereScape and Orion Health (enterprise software), Rakon and Pukeko Pictures
- Movac with investments in PowerbyProxi, AuthorIT, Greenbutton, Ponoko, IndieReign
- K1W1 New Zealand’s largest seed fund investor, investing on behalf of Sir Stephen Tindall.
Auckland is also the home to New Zealand’s largest co-investors in ICT companies - the New Zealand Venture Investment Fund and New Zealand Seed Co-Investment Funds.
Find out more about investment opportunities in the ICT sector.