Many global Information Communications Technology companies choose Auckland to better service the Asia-Pacific region. Business-friendly time zones with major markets such as Australia and the United States, as well as strong trade agreements, makes Auckland an ideal setting to service and develop innovation.
Auckland has a vibrant ICT sector with more than 6,700 companies, employing nearly 31,000 people and contributing $4 billion or 7.5 per cent to the local GDP and 55 per cent of New Zealand’s GDP. The sector has grown 80 per cent in the past decade.
The fast expanding sector now ranges from wireless infrastructure and telecommunications to GPS systems, digital content, geospatial information systems, cyber security, film animation and interactive technology such as gaming and touch screen devices.
New Zealand companies such as Mako Networks, Konnect Net, Booktrack, Vend, Wynyard Group, Endace, and Transcribe Me have all been launched from Auckland, while successful exporters like Power by Proxi, MCOM and Navman Wireless have benefited from overseas investment.
Numerous high-growth companies develop in Auckland and quickly become recognised globally. In 2013, the Deloitte Technology Fast 500 Asia-Pacific Index ranked an astounding 40 New Zealand companies, with 15 based in Auckland. The index ranks the top 500 tech businesses according to their revenue growth over the past three years and sets the standard for high growth technology businesses in the Asia-Pacific region.