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

 

Auckland CBD Should Become ‘Mini Silicon Valley’ – IT Expert

August 16, 2012

Auckland CBD Should Become ‘Mini Silicon Valley’ – IT Expert

An Auckland-based IT CEO is calling for technology companies to form a central hub to secure better infrastructure and boost collaboration to support the industry’s continued export growth.

The CEO of Optimizer, Manas Kumar, says bringing like-minded companies together geographically is a model which has already proved successful internationally with the establishment of California’s Silicon Valley.

Kumar says the IT industry in particular relies heavily on adopting the very latest innovations to stay competitive, and by grouping companies together there is a natural incentive for investment in infrastructure.

Ideally Kumar would like to see a ‘mini Silicon Valley’ established in Auckland’s CBD, where growing IT companies would be supported by those more established businesses around them.

“We believe a new central city location in the heart of Auckland would create a hub of technological creativity and advancement. A mini Silicon Valley where resources and ideas are shared for the betterment of all in the industry will support the development of international business opportunities,” he says.

Optimizer, which provides payment, security and cloud technology solutions for businesses, has already moved its premises into the central city to accommodate a rapid increase in staff numbers as well as seek the benefits of being closer to like-minded companies.

Optimizer has seen employee numbers rise from 8 to 40 in the past 12 months, with this number expected to grow to over 200 globally in the coming years, says Kumar.

The technology firm recently announced plans to explore the prospect of listing on the New Zealand Stock Exchange (NZX).

On August 1, the company will move from the 4th floor of The Tasman Building to 49 Symonds Street, Level 12, where it will be known as The Optimizer Building.

For more information about Optimizer visit www.optimizerhq.com

About Optimizer
Optimizer is a fast growing technology company offering payment, security and cloud solutions to customers around the world. Head quartered in Auckland, Optimizer has offices in Philippines, Hong Kong, Canada and the United States.

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Stats NZ: Election Boosts October Job Numbers

Job numbers were boosted by general election staff in October 2020, along with rises in the manufacturing, retail, and hospitality industries, Stats NZ said today. Filled jobs rose by 27,667 to 2.2 million in October 2020 compared with September, after ... More>>

Government: New Year Border Exception For Seasonal Workers In The Horticulture And Wine Industries

2000 additional RSE workers to enter New Zealand early next year employers must pay these workers at least $22.10 an hour employers will cover costs of managed isolation for the RSE workers RSE workers will be paid the equivalent of 30 hours work a week ... More>>

ALSO:

Grey Power: Is Disappointed To Learn Of More Bank Closures

Many older people are being left without essential services because of cost cutting and the march of modern technology. It is now expected that most banking transactions can occur via the internet or telephone. Jan Pentecost, President of the Grey Power ... More>>

ALSO:


Media: Discovery, Inc. Completes Acquisition Of New Zealand’s Mediaworks TV Ltd

Auckland, New Zealand, December 1, 2020 - Discovery, Inc. (“Discovery”), the global leader in real-life entertainment, has completed its acquisition of New Zealand’s leading independent free-to-air commercial broadcaster, MediaWorks TV Ltd, now operating ... More>>

Department Of Conservation: Big Year Underway At Albatross Colony

Familiar faces are returning for the new season of Royal Cam, with a big breeding year underway for the toroa/northern royal albatross colony on Otago’s windswept Pukekura/Taiaroa Head. More than 120 albatrosses, a taonga species, have returned ... More>>

Real Estate: ASB Survey Reveals Majority Of Kiwis Expect House Prices To Keep Climbing

ALSO:

House price expectations are soaring as New Zealand’s housing market shifts up a gear. But stretched affordability is putting a dent in perceptions of whether it’s a good time to buy. While Kiwis reveal they do expect interest rates to fall further. ... More>>

Stats NZ: Births And Deaths: Year Ended September 2020

Births and deaths releases provide statistics on the number of births and deaths registered in New Zealand, and selected fertility and mortality rates. Key facts For the year ended September 2020: 57,753 live births and 32,670 deaths ... More>>

ALSO: