Even though last week was a short week, it was still a busy one. It was great to get together with many of the country’s EDAs to start thinking about Techweek’19 and share notes on what we are all doing to help increase the uptake of technology throughout New Zealand.
MBIE was also represented and we received a brief update on the progress of the Digital Economy and Digital Inclusion Ministerial Advisory Group, or DEDIMAG, if you like acronyms. This large group has formed focused working groups to work on digital inclusion, maximising the potential of the tech sector, building the digital capability of non-tech businesses, digital connectivity and adapting to technological disruption. On the subject of the appointment of the new CTO, apparently there has been another large response of quality applicants and further announcements on the process are imminent.
The highlight of the week was spending time with the team at Xero and learning about their Small Business Insights. More than 300,000 Kiwi subscribers rely on Xero to manage their finances every day. Xero have created an analytics platform that aggregates anonymised data to show the most accurate picture of New Zealand’s business conditions available in the market, updated every month and available for free. Plus they are happy to work with policy makers to find ways to use the data to help New Zealand succeed. For example, 14.2% of firms that have adopted Xero are construction firms. Xero Small Business Insights has found that construction firms that adopt at least one additional piece of cloud software to help manage their business are 33% more profitable. This is a massive asset for New Zealand, as it is now possible to identify ways to support the growth of our SMEs.
Finally, we have started preparation for this year’s AGM and new Board member nominations. A large part of the success of NZTech over the past few years has been the large, active and diverse Board. If you think you’ve got what we are looking for to help NZTech create a prosperous New Zealand underpinned by technology, visit our site to learn more. We are now seeking NZTech Board nominations.