Video | Business Headlines | Internet | Science | Scientific Ethics | Technology | Search


ICT: Industry-State Sector Co-Operation Envisaged

ICT Growth Initiative Envisages Close Industry-State Sector Co-Operation

Measures to jumpstart growth in New Zealand’s ICT industry and target a US$120 billion international market in government technology applications were advocated today by the Information Technology Association of New Zealand (ITANZ).

ITANZ Executive Director Jim O’Neill said a comprehensive ITANZ study demonstrated that through closer collaboration between the ICT industry and the state sector, new technology for use in government operations around the world could produce between $535 million and $804 million in new revenues over a five-year time span.

He said the catalyst for such growth under the ITANZ proposal would be a Centre for Advanced Government Applications that would act as a clearing house to identify and commercialise solutions for use by government agencies in New Zealand and world-wide.

The Centre would be administered by representatives of the ICT Industry and the state sector. Universities, local government and research organisations would be involved. Funding would be drawn from a combination of royalty earnings from successful projects and financial contributions from industry and government sources.

“A project such as this is vital for two reasons,” he said. “The first is to stimulate revenues, skills and job expansion in a technology sector that is an essential part of national development. The second is that without such a catalyst for new growth there is little prospect of achieving ICT Task Force targets that are a cornerstone of the Government’s economic growth plans.”

The Centre would become a focal point for state sector industry co-operation, determining means of reducing risk to government operations in adopting new ICT technologies and identifying up to 15 projects a year for research, development and implementation. Each would be required to have a global application in order to qualify as a Centre project.

Mr O’Neill said the next step was talks with Government representatives on a programme for implementation of the proposals.

© Scoop Media

Business Headlines | Sci-Tech Headlines


Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>


Half A Billion Accounts: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>


Half Full: Fonterra Raises Forecast Payout As Global Supply Shrinks

Fonterra Cooperative Group, the dairy processor which will announce annual earnings tomorrow, hiked its forecast payout to farmers by 50 cents per kilogram of milk solids as global supply continues to decline, helping prop up dairy prices. More>>



Meat Trade: Silver Fern Farms Gets Green Light For Shanghai Maling Deal

The government has given the green light for China's Shanghai Maling Aquarius to acquire half of Silver Fern Farms, New Zealand's biggest meat company, with ministers satisfied it will deliver "substantial and identifiable benefit". More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news