Menu
ICT sector report finds NZ industry thriving in 2017

ICT sector report finds NZ industry thriving in 2017

ICT sector is delivering quality jobs and exports, new report finds.

The ICT product and service sector is an engine of jobs and export growth

The ICT product and service sector is an engine of jobs and export growth

The 2017 ICT Sector report demonstrates the strength of New Zealand’s technology sector, said economic development minister Simon Bridges.

The report (pdf), which focuses on firms developing and exporting information technology services and software, was launched in Wellington yesterday alongside "ProjectR", an initiative focusing on virtual, augmented and mixed reality research and development.

IT product and services firms accounted for 41 per cent of ICT GDP in New Zealand in 2015, up from 28 per cent in 2007.

The report found there are 10,700 more jobs in computer system design today than in 2010 and 54 computer system design firms that employ more than 100 people – nine more than in 2015. 

This is now about the same number of large firms as in the machinery and manufacturing sector.

Average salaries and wages of close to $100,000 in computer system design firms are twice the New Zealand average.

Employment in the ICT product and service sector by firm size.
Employment in the ICT product and service sector by firm size.

“The IT services sector makes a significant contribution to our economy. In 2016, more than 11,000 IT firms, employed 29,700 people and contributed $3.6 billion dollars to New Zealand’s GDP," Bridges said.

Firms in the sector  invested $436 million in R&D in the last year, more than any other sector in the economy. Exports were close to a $1 billion.

There are also more firms in the sector - both large and in start-up phase - and more local and international investors.

A challenge is to further develop training and career pathways to meet the demands of the sector, Bridges said.

Job vacancies in computer system design firms are high and harder to fill than in any other sector in the economy, the report found. Applicants with professional, technical and computer skills were cited by employers as the hardest to recruit.

Of all bachelors students enrolled in New Zealand, only eight per cent are studying information technology as their main subject.

The number of graduates in computer science and information systems programs at tertiary level has, however, grown by eight per cent year-on-year since 2008.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags governmentjobspolicygrowthaugmented realityvirtual realityICT sectoremploymen

Featured

Slideshows

EDGE 2018: Kiwis kick back with Super Rugby before NZ session

EDGE 2018: Kiwis kick back with Super Rugby before NZ session

New Zealanders kick-started EDGE 2018 with a bout of Super Rugby before a dedicated New Zealand session, in front of more than 50 partners, vendors and distributors on Hamilton Island.​

EDGE 2018: Kiwis kick back with Super Rugby before NZ session
EDGE 2018: Kiwis assess key customer priorities through NZ research

EDGE 2018: Kiwis assess key customer priorities through NZ research

EDGE 2018 kicked off with a dedicated New Zealand track, highlighting the key customer priorities across the local market, in association with Dell EMC. Delivered through EDGE Research - leveraging Kiwi data through Tech Research Asia - more than 50 partners, vendors and distributors combined during an interactive session to assess the changing spending patterns of the end-user and the subsequent impact to the channel.

EDGE 2018: Kiwis assess key customer priorities through NZ research
Show Comments