New Zealand is renowned for its diverse technology and media industries. From tech start-ups to Hollywood-scale productions, the country’s cutting-edge and innovative spirit has been recognised around the world. Here, we take a look at the tech and media industries in New Zealand and explore the ways these industries have been transforming the country’s economic, business, and cultural landscape.
The Tech Industry in New Zealand
The tech industry in New Zealand has blossomed over the past few years, with more and more tech start-ups setting up shop in the country. New Zealand’s tech industry is particularly known for its expertise in the areas of Artificial Intelligence (AI), Block Chain, Cloud Computing, and E-commerce, among others. In fact, New Zealand was the first country to introduce a code of ethics for AI development and implementation.
The government of New Zealand has been instrumental in the growth of the country’s tech industry, by providing funding, assistance, and subsidies to tech companies. New Zealand also offers an attractive ecosystem for tech entrepreneurs, through incubators and accelerators, such as the ICE Angels, the Kiwi Innovation Network, and the Kiwi Landing Pad.
Besides the government and private entities, venture capitalists and angel investors have also played a role in the growth and success of the tech industry in New Zealand. These investors have helped tech companies raise growth capital, which has enabled them to expand and innovate.
Notable Tech Start-Ups in New Zealand
New Zealand’s tech industry has seen the emergence of some notable start-ups. These include:
- Xero: Xero is one of the leading cloud-based accounting software providers in the world. It has been voted one of the world’s most innovative companies by Forbes.
- Rocket Lab: Rocket Lab is a space exploration and commercial rocket services company. It has successfully launched several rockets and satellites into orbit.
- Alpine Energy: Alpine Energy is a green energy technology company that provides renewable energy solutions to businesses and homes.
- Fuse: Fuse is a digital agency that specialises in web and mobile design and development. It has been recognised for its innovative services.
The Media Industry in New Zealand
The media industry in New Zealand has been enjoying an unprecedented boom over the past couple of years. The country’s world-class production facilities and its proximity to Hollywood make it an attractive destination for film and television productions from around the world.
New Zealand is home to several media powerhouses, such as Weta Workshop, Wingnut Films, and Park Road Post Production. These companies have been behind many critically-acclaimed films and TV shows, ranging from The Lord of the Rings trilogy to Avatar to The Boys.
Moreover, New Zealand has also become a hub for digital content creation. Companies like PikPok, Metia Interactive, and Flux Animation have been creating video games, interactive experiences, and animated content. These companies have seen success, with PikPok and Metia Interactive being voted some of the most innovative companies by Deloitte’s Technology Fast 500.
Conclusion
The tech and media industries in New Zealand have made a major impact on the country’s business and cultural landscape. From tech start-ups to world-renowned production houses, the country has seen an influx of innovative and creative companies that have been transforming the way businesses are being done and entertainment is being consumed. The government’s encouragement of tech and media businesses has further helped the growth of these industries.
