Story image

The 21st century ICT race is on, says Labour

04 Mar 16

New Zealand businesses need to maximise their share of the global opportunity made available by the emergence of new technologies.

That’s the word of David Parker, Labour’s ICT spokesperson, who spoke at the Telecommunications and Broadband Summit this week.

Parker says the race for new ICT developments and innovation is heating up, and New Zealand businesses will need access to capital to compete internationally.

“New Zealand must maximise our share of new niche technologies and innovations before someone else seizes the opportunity,” Parker explains.

“Software opportunities are being rapidly exploited around the world,” he says.

“The sensor technology, positioning systems and robotics needed to automate many other spheres of activity already exist,” Parker says.

“To succeed as a country, and maximise our share of these global opportunities, we must better allocate our precious investment capital, instead of encouraging speculation in property,” he explains.

“The opportunities opened up by the ICT revolution are jewels which our competitors overseas are chasing too,” Parker says.

“The Government’s refusal to fix this problem is costing New Zealand billions and billions of dollars in forgone wealth”, he adds.

GirlBoss wins 2018 YES Emerging Alumni of the Year Award
The people have spoken – GirlBoss CEO and founder Alexia Hilbertidou has been crowned this year’s Young Enterprise Scheme (YES) Emerging Alumni of the Year.
SingleSource scores R&D grant to explore digital identity over blockchain
Callaghan Innovation has awarded a $318,000 R&D grant to Auckland-based firm SingleSource, a company that applies risk scoring to digital identity.
IDC: Standalone VR headset shipments grow 428.6% in 3Q18
The VR headset market returned to growth in 3Q18 after four consecutive quarters of decline and now makes up 97% of the combined market.
Spark Lab launches free cybersecurity tool for SMBs
Spark Lab has launched a new tool that it hopes will help New Zealand’s small businesses understand their cybersecurity risks.
Preparing for the future of work – growing big ideas from small spaces
We’ve all seen it: our offices are changing from the traditional four walls - to no walls. A need to reduce real estate costs is a key driver, as is enabling a more diverse and agile workforce.
Bluetooth-enabled traps could spell the end for NZ's pests
A Wellington conservation tech company has come up with a way of using Bluetooth to help capture pests like rats and stoats.
CERT NZ highlights rise of unauthorised access incidents
“In one case, the attacker gained access and tracked the business’s emails for at least six months. They gathered extensive knowledge of the business’s billing cycles."
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.