Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


$23 billion says high-tech is smart business in New Zealand

$23 billion says high-tech is smart business in New Zealand – Media release

19 March 2013

High-tech goods and services from New Zealand’s information and communication technology (ICT) sector are worth almost $23 billion, Statistics New Zealand said today. While this marks a $3 billion increase over just two years, one of the underlying stories is that more and more goods these days count as ‘information and communication technology’.

Today, high-tech goods include much more than just computers and smartphones, and perhaps the most subtle changes can be found in the home. Many common devices are now intelligent machines: washing machines and driers, Blu-ray players and TVs, even our toasters and kettles are now driven by smart technology.

“The challenge is to keep pace with how quickly the definitions and perceptions of these technologies change,” said ICT manager Hamish Hill. “Each time we’ve run this survey, we’ve had to include more businesses from increasingly diverse industries. We're seeing new smart products and online services being offered all the time.”

This said, the traditional areas of ICT continue to grow. New Zealand businesses received $5.8 billion in computer and phone sales in the 2012 year; $800 million more than two years ago. Sales of Internet connections also rose sharply, up 44 percent to $1.3 billion.

“Some of this may appear contrary to expectations, since the cost of many of these high-tech goods have gone down over the same period. The fact is, more people are buying these items and getting connected. They have become a necessary part of life,” Mr Hill said.

These results indicate total sales by New Zealand businesses, and include household and business purchases. They come from the Information and Communication Technology Supply Survey: 2012, which also includes information on exports and industry breakdowns. More detail on both household and business consumers will be available in April in the Business Operations Survey: 2012, and the Household Use of Information and Communication Technology: 2012.

ENDS

For more information about these statistics:
• Visit Information and Communication Technology Supply Survey: 2012

• Open the attached files
http://img.scoop.co.nz/media/pdfs/1303/ICTSupplySurvey12.pdf

http://img.scoop.co.nz/media/pdfs/1303/ictss2012tables.xls

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Half Empty: Fonterra's 2017 Opening Forecast Below Expectations

Fonterra Cooperative Group raised its forecast farmgate milk payout for next season by less than expected as the world's largest dairy exporter predicts lower prices will crimp production and supply will pick up. The New Zealand dollar fell. More>>

ALSO:

Pest Control: Mouse Blitz Team Leaves For Antipodes

The Million Dollar Mouse project to rid Antipodes Island of mice is underway with the departure of a rodent eradication team to the remote nature reserve and World Heritage Area. More>>

Gongs Got: Canon Media Awards & NZ Radio Awards Happen

Radio NZ: RNZ website The Wireless, which is co-funded by NZ On Air, was named best website, while Toby Manhire and Toby Morris won the best opinion general writing section for their weekly column on rnz.co.nz and Tess McClure won the best junior feature writer section. More>>

ALSO:

Pre-Budget: Debt Focus Risks Losing Opportunity To Stoke Economy

The Treasury is likely to upgrade its forecasts for economic growth in Budget 2016 next week but Finance Minister Bill English has already signalled that more of his focus is on debt repayment than on fiscal stimulus or tax cuts... More>>

ALSO:

Fulton Hogan's Heroes: Managing Director Nick Miller Resigns

Fulton Hogan managing director Nick Miller will leave the privately owned construction company after seven years in charge. The Dunedin-based company has kicked off a search for a replacement, and Miller will stay on at the helm until March next year, or until a successor has been appointed and a transition period completed. More>>

ALSO:

Gordon Campbell: On Electricity, Executions, And Bob Dylan

The Electricity Authority has unveiled the final version of its pricing plan for electricity transmission. This will change the way transmission prices (which comprise about 10% of the average power bill) are computed, and will add hundreds of dollars a year to power bills for many ordinary consumers. More>>

ALSO:

Half Empty: Fonterra NZ, Australia Milk Collection Drops In Season

Fonterra Cooperative Group says milk collection is down in New Zealand and Australia, its two largest markets, in the first 11 months of the season during a period of weak dairy prices. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news