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Fifty-three New Zealand technology companies have been included in the 2016 Deloitte Technology Fast 500 Asia Pacific index, and the third year in a row with over 50 Kiwi businesses represented. The index, announced in Hong Kong today, ranks the top 500 tech businesses according to their revenue growth over the past three years and sets the standard for high growth technology businesses in the Asia Pacific region.
Leading the list of New Zealand businesses is Auckland-based mobile payment company Pushpay, ranked 10th on the regional index with an impressive 4,574% growth, and is followed by customer relationship management platform Plexure, an appointment booking and scheduling software company Timely. Fourteen Kiwi technology companies are placed in the top one-third of the index and seven are in the top 100.
Deloitte Private partner Darren Johnson says the 53 companies from New Zealand out-perform regional heavyweights South Korea (50) and Japan (35), and are just shy of Taiwan (57), in terms of representation on the index. “This year’s strong Kiwi representation, with New Zealand companies accounting for over 10% of the entire Asia Pacific index for the third straight year, is continued evidence that our technology companies are thriving on the world stage,” says Mr Johnson.
“As we saw in the Deloitte Fast 50 unveiled last month, a number of Kiwi companies have embraced disruptive technologies; with many in business to help other companies better navigate these technological changes.”
Auckland-based businesses lead the Kiwi contingent on the list with 24 companies represented, while there are 15 from Wellington, six from Christchurch, three from Hamilton, two from Dunedin and one each from Whangarei, New Plymouth and Queenstown.
The software sector continues to dominate. 199 companies in the top 500 were software companies, accounting for 40 percent of the companies ranked. In a shake-up from past years, the media sector overtook hardware as the second-most prevalent sector in this year's rankings, accounting for 19 percent of this years' Technology Fast 500.
The full list of winners of the 2016 Asia Pacific Technology Fast 500, and details about the nomination and eligibility criteria of the programme can be found on www.deloitte.com/fast500asiapacific , and for more information on parcel post NZ, courier tracking and cheap couriers please go to http://www.parcelport.co.nz .