Hi there,

It’s a sorry state of affairs when sourcing data relating to New Zealand’s third largest export sector – tech – is ‘like a treasure hunt, without the fun’. Yet that’s exactly how the NZX described the situation.

The result of that data, however, is a new report, Influencing New Zealand’s Future with Tech, which provides a snapshot of a robust sector that has the potential to fill the hole left by tourism's current hiatus.

As NZX boss Mark Peterson says, there’s tremendous opportunity in applying innovation and technology to build on traditional strengths while adding productivity, resilience and high-value jobs.

One of the action points in the report is the development of consistent centralised data to enable accurate measuring, benchmarking and monitoring of milestones and enterprise performance.

Peterson is possibly envisioning NZX performing that role with more tech IPO activity, but in the fragmented world of bootstrap-, seed-, angel-, VC-, crowd- and publicly-funded capital raising, NZX may not be the right home (Callaghan's scaleup.nz is perhaps a better starting point).

In other news this week:

PayPal goes all-in on cryptocurrencies
Digital dust becomes IoB gold in Gartner's 2021 trendwatch
Reserve Bank benchmark for cyber resilience provides lessons for all

And if you’re keen to improve customer experience (and who isn’t?) we’ve got an e-book detailing how efficient order-to-cash processes can improve customer service.

Enjoy the read,

Heather Wright
Editor
editor@istart.co.nz

TECH SECTOR

Tech-ing up the economy

NZ says innovation please, Australia’s more keen on adoption…

It’s New Zealand’s fastest growing export sector – and Covid-19 has only accelerated its importance in rebuilding New Zealand’s economic future.

“Sourcing data relating to the tech sector was like a treasure hunt, without the fun.”

[Read more]

CRYPTOCURRENCY

PayPal jumps into crypto

This time for real…

PayPal is jumping on the cryptocurrency bandwagon, enabling customers to use their PayPal accounts to buy and sell virtual currencies in a move that may spur greater acceptance of crypto.

“The shift to digital forms of currencies is inevitable.”

[Read more]

ERP BUYER'S GUIDE

INTERNET OF BEHAVIOUR

The lives of others: Exploring the Internet of Behaviour

Connected data will increasingly influence our lives and our decision making…

From IoT-enabled healthcare to facial recognition and mass body temperature surveillance our lives are growing more defined by a cookie trail of internet-connected data.

“[IoB’s] social reception might depend on how heavy-handed organisations are with what they’re trying to do.”

[Read more]

CYBER RESILIENCE

Rethinking security

Reserve Bank releases cyber resilience guidance…

Draft guidance on cyber resilience from none other than the Reserve Bank could provide a valuable framework for all sectors as Kiwi businesses grapple with increasing cyber threats.

“Using cloud services does bring more challenges to assess legal and regulatory obligations.”

[Read more]

CUSTOMER EXPERIENCE

eBook: Improving the customer experience

How order-to-cash automation unites your most strategic teams…

There’s no doubt about it: Efficient order-to-cash (O2C) processes are important to company success.

Addressing the root causes of inefficiency makes future initiatives much easier to implement.

[Read more]

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