“Our tech export sector is sending a strong message that it has the potential to become our country’s leading source of offshore income,” says Greg Shanahan, founder and managing director of TIN.
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This is the fastest rise in profitability since the TIN Report began in 2005
This is equivalent to 10 per cent of all New Zealand exports, according to the latest TIN200 report.
New Zealand’s technology export sector grew by 16.5 per cent, driven by a group of TIN100 ICT companies growing on both sides of the Tasman, a general recovery in the US market, and increased investment in R&D and staffing.