Waikato is the fastest growing technology region in New Zealand.
Revenue earned by the technology sector in Hamilton alone grew by $109 million in 2017, or 21.7 percent, the 2017 Technology Investment Network (TIN) report said.
At Company-X in Hamilton we weren’t surprised by the numbers one little bit. The TIN report confirms what we have been saying for many years. The Waikato is the Silicon Valley of New Zealand. If anything, if our experience is anything to go by, the figures are on the conservative side.
Company-X is constantly growing. We add to our capabilities every month with new project managers, business analysts, system architects, designers, developers and testers. We grew 138 percent in the three years ending 2017, earning a ranking on the Deloitte Technology Fast 500 index for Asia Pacific.
Company-X is far from alone in growth. I could name a long list of technology related businesses that are doing extremely well in Hamilton. For example, Ultrafast Fibre in Te Rapa achieved 227 percent growth in the last three financial years. They appeared on the Deloitte Technology Fast 500 index with us.
The phenomenal growth of the Waikato’s technology sector will be celebrated next month in a week-long technology symposium. It will be organised by NZTech with the support of the Ministry of Business, Innovation and Employment (MBIE). I’ll be getting involved on Thursday, May 24, when I will be a panellist in the charity Techie Brekkie event staged at the symposium.
The event is designed to connect technologists and encourage collaboration, capability building and innovation in the region’s technology sector. One of the highlights of the packed programme is the Internet of Things Tour curated by the good folk at Waikato Innovation Park. The internet of things is the interconnection through the internet of computing devices embedded in everyday objects, enabling them to send and receive data.
The Internet of Things Tour will showcase transformational technology used across the region in areas of the environment, health and wellbeing, primary industries, smart cities and tourism. The tour takes in Hamilton, Raglan, Paeroa and Waitomo.
Speakers include University of Waikato Department of Computing and Mathematical Sciences Associate Professor Dr Annika Hinze. Her research interests in information systems, event notification/alerting, database systems and women in Computer Science.
It’s great to see the region recognised further for its capabilities. Events like this remind the business community just what we are capable of in Waikato, and only helps as we build capacity in our own businesses and across the region.