February 21, 2024

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New Zealand’s Digital Economy to Rise with Early Border Opening

Industry leaders have consistently highlighted Aotearoa’s need for more digital workers. That shortcoming in tech talent was made worse with the advent of the virus. However, things should start to turn around with the country’s planned border reopening in July.

NZTech CEO Graeme Muller confirmed that the tech sector was optimistic about Wellington advancing the reopening of the borders. That should be good news for many industries as tech skills shortages are still a major challenge for them.

As per Wellington’s recent announcement, New Zealand is set to reopen its borders come July this year. The development will allow digital workers from abroad to immigrate as the country starts to feel confident about the virus situation and look outwards.

New Zealand has over 20,000 tech firms. Compounded with the rapid digital transformation of some of these companies, it comes as no surprise that the country of five million people would fall short when it comes to talent supply, largely overstretched already.

The nation’s border controls when the pandemic was at its peak were considered much stricter than most other nations. That meant the country was able to put the infection at a minimum eliminating a series of viral outbreaks along the way while getting vaccination rates higher. The aggressive approach has resulted in a COVID-19 death toll that’s far lower compared to other developed nations. However, as more and more countries reopened, many considered the slow reopening of the country counterproductive.

Tech companies have taken advantage of the border exceptions that were made available by the government for tech workers. Still, having these foreign workers stay for good with their families in the country is challenging. Now, with the reopening of the borders, New Zealand’s tech sector should be able to attract digital talent from abroad with greater results, Mueller added.

Moreover, the industry leader forecasted that all that will result in the raising up of New Zealand’s digital economy at a faster rate. Plus, it should help the tech sector to soar. Specifically, he cited the need for more ICT security specialists, software engineers with experience along with a host of ICT management roles. These roles have consistently been sitting at the top of the most needed list for the industry in past surveys.

Fortunately, all these critical ICT roles are part of Wellington’s new green list. Not only will possible out-of-country talents undergo a much simpler recruitment process but also their track to residency in the country is a lot faster.

The opportunities are expanding too. All the tech roles are earning more than double the country’s media rate criteria. Plus, it’s also a great economic stimulant. One newly-recruited tech talent results in the creation of about 5 more jobs around it, Mueller added. Before the virus, there were about 4,500 new high-paying tech roles that entered New Zealand each year. All that meant the growth of New Zealand’s economy shot up as these new hires lived all throughout the country.

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Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

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CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

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Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

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SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

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HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

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IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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