Story image

Kiwi businesses keen to invest in robotics and automation

19 Oct 2016

Four in 10 New Zealand businesses say they are interested in investing in robotic processes and automation within the next 12 months, that’s according to the latest Alleasing New Zealand Equipment Demand Index.

One quarter of businesses surveyed said they would consider investing in product assembly and service automation - something that’s emerging as a key investment priority for New Zealand firms.

A total of 44% of firms based in Auckland are interested in robotics or automation - this compares to 41.4% in Wellington and 44.3% of companies based throughout the rest of the country.

Daniel Blizzard, Alleasing chief executive officer, says the early interest in automation and digital integration will give New Zealand firms a future advantage over their Australian neighbours.

“The Index data shows New Zealand firms have a clear appetite for learning more about the next wave of digitisation and automation, and indeed making the decision to invest in it,” he explains.

“Although corporate adoption of these technologies is still in its infancy in New Zealand, the Index data is very promising and suggests firms are already thinking of the major cost, productivity and control benefits on offer, as described by the likes of Accenture.”

The Index also focused on gaining a further understanding with regards to time consuming administrative processes and whether they negatively impact capital equipment acquisition programmes.

“To achieve revenue growth, maximise productivity and adequately prepare for the future, New Zealand businesses need to become increasingly focused on maximising their capital structure,” says Blizzard.

“In addition to this, businesses are suggesting that they want more from the New Zealand government in terms of finding ways to encourage investment and improve productivity.”

Security flaw in Xiaomi electric scooters could have deadly consequences
An attacker could target a rider, and then cause the scooter to suddenly brake or accelerate.
Four ways the technology landscape will change in 2019
Until now, organisations have only spoken about innovative technologies somewhat theoretically. This has left people without a solid understanding of how they will ultimately manifest in our work and personal lives.
IDC: Top 10 trends for NZ’s digital transformation
The CDO title is declining, 40% of us will be working with bots, the Net Promoter Score will be key to success, and more.
Kiwi partner named in HubSpot’s global top five
Hype & Dexter is an Auckland-based agency that specialises in providing organisations with marketing automation solutions.
Moustache Republic expands Aussie presence with new exec
The Kiwi digital commerce partner has appointed a Sydney-based director to oversee the expansion of the company’s Australian footprint.
Epson’s new EcoTank range with two years printing per tank
With 11 new EcoTank printers that give an average user two years of printing and cost just $17.99/colour to refill, Epson is ready to change the game.
Te reo Māori goes global via language app called Drops
If you’re keen to learn a few words of Māori – or as much as 90% of the language, you may want to check out an Android and iOS app called Drops.
Reckon Group announces a steady profit in 2018
Reckon continued its investment in growth throughout the year with a development spend of $14.3 million.