Story image

Kiwi businesses keen to invest in robotics and automation

19 Oct 16

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.”

Report finds GCSB in compliance with NZ rights
The Inspector-General has given the GCSB its compliance tick of approval for the fourth year in a row.
Preparing for e-invoicing requirements
The New Zealand and Australian governments are working on a joint approach to create trans-Tasman standards to e-invoicing that’ll make it easier for businesses in both countries work with each other and across the globe
5c more per share: Trade Me bidding war heats up
Another bidder has entered the bidding arena as the potential sale of Trade Me kicks up a notch.
Hootsuite's five social trends marketers should take note of
These trends should keep marketers, customer experience leaders, social media professionals and executives awake at night.
Company-X celebrates ranking on Deloitte's Fast 500 Asia Pacific
Hamilton-based software firm Company-X has landed a spot on Deloitte Technology’s Fast 500 Asia Pacific 2018 ranking - for the second year in a row.
Entrepreneur reactivates business engagement in AU Super funds
10 million workers leave it up to employers to choose their Super fund for them – and the majority of employers are just as passive and unengaged at putting that fund to work.
Tether: The Kiwi startup fighting back against cold, damp homes
“Mould and mildew are the new asbestos. But unlike asbestos, detecting the presence – or conditions that encourage growth – of mould and mildew is nearly impossible."
Capitalising on exponential IT
"Exponential IT must be a way of life, not just an endpoint."