The tech sector says it has what it takes to woo international investors, who have come to woo.
A number of big tech investors were currently in the country, having benefited from a limited easing of border restrictions late last year.
Tech New Zealand chief executive Graeme Muller said the industry has what it takes to attract the investment needed to help more tech companies achieve global scale, with a number already doing so.
He said investors will want to see if there are government policies in place to support tech organizations and businesses.
“Do these companies have the ability to access talent internationally, so they’re not just locked into that market, but do they have the internal structures and capabilities to tap into global markets for skills anywhere.”
While the ongoing border has slowed international recruitment, Muller said it also presents companies with an opportunity to prove their resilience.
“We currently have many companies looking for many people and so it is quite easy to see, from an internal organizational point of view, if they have developed the capacities necessary to tap into the global market to access skills,” said he declared. add those who had developed this ability would be able to demonstrate it.
Additionally, he said the government was working with industry to develop a digital transformation plan.
He said there was competition among investors, with the industry attracting billions of dollars in investment over the past year.
“It comes down to helping the next wave of start-ups get through.”
Muller said the only real inhibitor was access to skills, which was a global issue.
“If we can find some sort of competitive advantage in this space, improve local skills in New Zealand, improve access for people in education to the tech sector and improve access to top talent around the world and come back to New Zealand. We’re going to do very well.”