New Zealand game developers 323.9 million earnings in the last financial year is a perfect example of just what is happening across the rampant tech sector NZTech chief executive Graeme Muller says.It is fantastic to see the continued growth of New Zealands interactive media and game developers making 121 million more in one year Muller says.However this is a great example of the continued growth and success of the whole Kiwi tech industry. New Zealand tech firms have been incredibly resilient as covid-19 impacted most sectors across the economy this year.We are seeing sectors like the game developers growing exports at exponential rates local IT companies working through the night helping other sectors rapidly become more digital and a new wave of high growth companies raising funds to expand globally.In the past couple of weeks we have seen two great New Zealand tech firms each raise more than 20 million dollars to support their continued development.Mint Innovation has worked out how to use biotech to extract gold from old electronics and have raised 20 million to build gold biorefineries.Sharesies raised 20 million to support global expansion for their app which allows every-day Kiwis to trade shares no matter how much money they have.However just like the survey from the game developers most tech firms are being constrained at the moment as they struggle to get highly skilled specialist into their rapidly expanding teams.NZTech has asked cabinet ministers to urgently consider allowing more rapid entry of targeted candidates with these critical advanced digital skills.Interactive game developer studios are spread around the country with 40 percent in Auckland 26 percent in Wellington 14 percent in Otago 10 percent in Canterbury and five percent in Waikato and Bay of Plenty.Technology is a major covid-proof economic contributor. Last year the tech sector employed 114000 people was the countrys third largest export and contributed eight percent of GDP. The countrys 200 largest tech exporters last year generated overseas sales of 9.4 billion with annual sales growing at 8.3 percent to 12.7billion.
🔍 Key Information
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Tender Reference No.
458794100
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Publication Date
17 Dec 2020
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Sector
Banking, Finance, Insurance and Securities (BFIS)
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Notice Type
News
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Location
New zealand
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