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Research and Markets: IT Market in New Zealand 2014-2018
Business Wire - Thu Jan 16, 4:37AM CST
Research and Markets (http://www.researchandmarkets.com/research/mqbn6l/it_market_in_new) has announced the addition of the "IT Market in New Zealand 2014-2018" report to their offering.
IT Market in New Zealand 2014-2018
M2 - Thu Jan 16, 3:48AM CST
Research and Markets (http://www.researchandmarkets.com/research/jgh437/it_market_in_new) has announced the addition of the "IT Market in New Zealand 2014-2018" report to their offering. The authors of thee report forecast the IT market in New Zealand to grow at a CAGR of 4.75 percent over the period 2013-2018. Commenting on the report, an analyst from the researchers' team said: With the high potential of the IT market in New Zealand, angel and venture investors are showing high interest and are investing heavily in this market. In 2012, 42 percent of all their investment deals were made for the IT Software and IT Service sectors. Also, 28 percent of their total investment was in the overall IT sector. This high investment can also be attributed to the consistently good performance of the companies in the IT sector, which are generating high profit margins and high return on equity. ICE Angel Investments, New Zealand Venture Investment Fund, and Angel Links are some of the prominent investors in New Zealand. Some of the prominent investments made by ICE Angels were in LiveLinkConnect Ltd., Mi5 Security Ltd., and Nextspace Ltd. In addition, in 2013, Valar Ventures and Matrix Partners invested US$150 million in Xero Ltd. According to the report, the growth of the IT market in New Zealand is driven by several factors, one of which is the increasing need to improve efficiency of business processes. In order to increase operational efficiency and service levels, companies are increasingly adopting IT solutions. One of the major challenges in the market is the shortage of skilled workforce. Despite the IT industry offering high wage rates when compared to other sectors, the number of IT students graduating from universities is not matching the requirement of the IT market in New Zealand. Key Topics Covered 1. Executive Summary 2. List of Abbreviations 3. Scope of the Report 4. Market Research Methodology 5. Introduction 6. Market Landscape 7. Category Segmentation 8. Market Segmentation by End-users 9. City-wise Segmentation 10. Buying Criteria 11. Market Growth Drivers 12. Drivers and their Impact 13. Market Challenges 14. Impact of Drivers and Challenges 15. Market Trends 16. Trends and their Impact 17. Vendor Landscape 18. Key Vendor Analysis Companies Mentioned - Datacom - Gen-i - Hewlett Packard - IBM - Biomatters - BankLink - COMRAD Medical System - Fronde Systems Group - Fujitsu New Zealand - Information Tools - Konnect Net - Orion Health - Xero For more information visit http://www.researchandmarkets.com/research/jg...ket_in_new About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products.
Google Exec joins Xero
M2 - Fri Mar 08, 5:08AM CST
Xero Ltd (XRO) announces the appointment of Stuart McLean to the new role of Chief Revenue Officer. McLean moves to Xero from Google in Sydney where he has been Head of Enterprise Australia New Zealand, driving cloud applications business for products such as Google Apps. His previous roles also include managing a distributor for cloud ERP solution NetSuite and an extensive career at enterprise software vendor Oracle.