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

 


New Zealand’s Hottest Technology Companies Revealed


New Zealand’s Hottest Technology Companies Revealed


Technology Investment Network (TIN) last night revealed New Zealand’s top ten high growth technology export companies across two categories: TIN100 EY Ten Companies to Watch and the TIN100+ Ten Hot Emerging Companies as part of the annual TIN 100 Report measuring the performance of the technology export sector.

The two lists include the companies who had the biggest dollar value revenue growth in 2014; the TIN100 (revenues NZ $1Billion to NZ$14m) and TIN100+ (revenues NZ $14m to NZ$2m) group of technology exporters.

Fisher & Paykel Healthcare tops the list of EY Ten Companies to Watch, moving from second place in 2013, into the top spot in 2014, closely followed by materials handling and plant automation company BCS Group, who have risen from fourth position in 2013. The two companies had revenue growth of $67 and $56m respectively.

“BCS Group showed an impressive 68% increase in revenue in 2014 following up on their 36% growth in 2013. They are clearly going from strength to strength.

“Two out of the EY Ten Companies to Watch, AFT Pharmaceuticals and F&P Appliances are new to the growth list, which was started in 2008,” says Greg Shanahan - Managing Director, Technology Investment Network.

Topping the TIN100+ Hot Emerging Companies list for 2014 is Enprise Group. Enprise Group develops implements and supports online accounting software package MYOB EXO customising solutions to fit the business needs of their customers.

Other TIN100+ Hot Emerging Companies include manufacturers RML Engineering and Metalform.

“It is pleasing to see growth in the sector returning to pre Global Financial Crisis figures and I’m particularly buoyed by the re-emergence of companies manufacturing highly sophisticated products, such as Metalform in Dannevirke and Hamilton based RML Engineering,” says Greg Shanahan.

2014 marks the tenth year of publication for the TIN 100 Report. The report publishes quantitative research, measuring the performance of New Zealand’s 200 largest globally-focused companies in the hi-tech manufacturing, biotech and ICT sectors.

TIN surveys around 300 companies annually. Questions cover business structure, key products, revenue and EBITDA, expenditure, employees, sales and company issues. To gain greater understanding and qualitative content for the report, a wide range of CEOs and other senior executives are also interviewed.

“The value of the TIN100 Report is that it creates transparency for the performance of the NZ technology sector, and enables investors to identify high growth companies to potentially engage with.”

The full TIN 100 Report for 2014 including details of the top 100 companies and analysis of the different sectors, will be released on 22 October.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Future Brighter Money: RBNZ Releases New Bank Note Designs

New Zealand’s banknotes are getting brighter and better, with the Reserve Bank today unveiling more vibrant and secure banknote designs which will progressively enter circulation later next year. More>>

ALSO:

Commerce: Supermarket Inquiry Finds No Breaches By Countdown

The Commerce Commission inquiry into anti-competitive behaviour by Countdown supermarkets, alleged by former Labour Party MP Shane Jones, has found nothing to warrant prosecution, although it warns supermarkets to take care in the way they communicate... More>>

ALSO:

Crown Accounts: English Flags ‘Challenge’ To Budget Surplus

Finance Minister Bill English is warning next month’s half yearly fiscal and economic update from the Treasury may not forecast a budget surplus, saying that returning the government’s accounts to surplus in 2015 will be “a challenge”, given the decline in commodity prices and weak global inflation. More>>

ALSO:

March 2015: Netflix To Launch In Australia And New Zealand

World’s Leading Internet Television Network to Offer Original Series, Movies, Documentaries, Stand-Up Comedy Specials and TV Shows for Low Monthly Price More>>

ALSO:

Price Of Cheese (Is Up): Dairy Product Prices Fall To Five-Year Low

Dairy product prices fell in the latest GlobalDairyTrade auction to the lowest level in more than five years, led by declines in rennet casein and skim milk powder. More>>

ALSO:

Gordon Campbell: On The Australians Scoring Trade Points Against Us With The Chinese

It hasn’t been a great year for Trade Minister Tim Groser... To top it off, Australia has just signed a FTA with China that has far better provisions on dairy exports than what New Zealand currently enjoys in our own FTA with China. More>>

ALSO:

Iwi & Local Consultation: Oil And Gas Block Offer 2015 Begins

Energy and Resources Minister Simon Bridges today announced the start of the Block Offer 2015 process for awarding oil and gas exploration permits. More>>

Industrial Action: Stats NZ Throwing Public Money Away Duplicating Data

The Public Service Association (PSA) says Statistics NZ are throwing money away by collecting the same data twice for official statistics such as the Consumer Price Index... As part of the ongoing industrial action, field interviewers who are PSA members are continuing to collect data, but are not sending it through to Statistics NZ. More>>

ALSO:

Other Stats:

Space: Rosetta's 'Philae' Makes Historic First Landing On A Comet

After more than a decade traveling through space, a robotic lander built by the European Space Agency has made the first-ever soft landing of a spacecraft on a comet. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news