February 26, 2024

We are creating some awesome events for you. Kindly bear with us.

NZ’s Industry Transformation Plans to maximise Industry 4.0 opportunities

The New Zealand Government has recently announced a sector-led approach to grow industry innovation and boost productivity, with an early focus on agritech.

According to a recent press release, the new direction is outlined in the document called, From the Knowledge Wace to the Digital Age: Growing Innovative Industries in New Zealand.

This new document charts the challenges and opportunities that the New Zealand economy is responding to.

Acting Economic Development Minister David Parker explained that the flipside of the impact of the technological revolution on the future of work is the huge potential it opens up for businesses and the development of high-skilled, higher paying jobs.

Growing innovative industries

Growing innovative industries is a key focus of the Government’s broader economic strategy.

For instance, the new Industry Transformation Plans, which is an idea that they borrowed from Singapore, will maximise the opportunities offered by the fourth industrial revolution.

Additionally, it will help move towards a productive, sustainable and inclusive economy.

The agritech sector has been chosen as a key focus because it brings together two of New Zealand’s key competitive advantages.

These advantages are the expertise in agriculture and horticulture coupled with a well-educated workforce.

According to him, the Government will not be starting from scratch. Acknowledgement should be given to the efforts of past governments.

These efforts include the 2001 Knowledge Wave conference and the Growth and Innovation Framework to reforms in the telecom sector and the roll out of ultrafast broadband.

They all helped build the platform for success in the digital age.

Boosting productivity is the key

New Zealand has a strong economic foundation with low unemployment, government surpluses and low inflation. However, the productivity is lagging.

Sustainably boosting productivity is the key to raise the living standards of all New Zealanders. This can be done by creating more from the available resources while staying within environmental limits.

New Zealand needs to move from volume to value in sectors like agriculture.

Focusing on Agritech

Agritech is an excellent example of where New Zealand can make big strides. Strategy work is already well underway.

The Minister urged the agritech sector, innovators and workers by calling them to action.

They should bring their ideas to help develop, in partnership with government, the draft agritech Industry Transformation Plan.

Plans for this and other focus sectors such as forestry, food and beverage, and digital technology are expected to be implemented from 2020.

The aforementioned are the initial priority sectors. However, this could be expanded over time into other areas such as creative industries, tourism, aerospace, health technologies and renewable energy.

Industry Transformation Plans will be sector-led and government supported. They will involve partnership between government, business, workers and Māori.

Boosting productivity, including redirecting investment towards more productive sectors, is crucial if New Zealand is to lift the standard of living of all Kiwis, and this will be a key initiative for achieving this.


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.


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.


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.


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.


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. 


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.

Send this to a friend