The fortunes of New Zealand’s 100 largest technology businesses continue to rise according to the findings of Technology Investment Network’s third annual report (TIN 100 2007 Report).
This in-depth industry overview—conducted with the support of New Zealand Trade and Enterprise and professional services group Ernst & Young—revealed that New Zealand’s globally focused technology sector grew combined revenues by 8% over the past year to reach NZ$5.8 billion.
While not as dramatic an increase as in previous years, in the context of some major challenges TIN Managing Director Greg Shanahan believes the overall performance is still impressive.
The TIN 100 2007 Report is a benchmarking study of the country’s 100 largest (by revenue) technology companies in the areas of High Tech Manufacturing, ICT Software/Services and Biotechnology.
It is sponsored by New Zealand Trade and Enterprise and professional services group Ernst & Young.