3 June 2020
AUCKLAND, 4 June 2020
The need for data on New Zealand’s tech export sector has never been more crucial, says TIN managing director, Greg Shanahan
More than a thousand Kiwi tech companies will receive invitations to participate in the Technology Investment Network’s annual TIN Report survey this week as the sector – along with the rest of New Zealand – faces one of the most challenging market situations in the 21-year history of the research organisation.
Founded in 1999 by Kiwi tech entrepreneur Greg Shanahan, the TIN survey is proceeding as usual this year against the backdrop of economic disruption that has occurred in the last few months as a result of the global COVID-19 pandemic.
“The need for data to help us understand the current state of NZ’s tech export sector has never been more important, and we encourage as many tech companies as possible to participate in the survey,” says Mr Shanahan.
Mr Shanahan says that TIN has once again widened its reach to include even more Kiwi tech start-ups in the survey, which will target well over 1,000 companies in 2020, reflecting the steady growth of the New Zealand tech industry in recent years.
“Now more than ever, the world needs effective solutions to big health problems.”Greg Shanahan - Managing Director, TIN.He also notes that as the usual TIN survey questions about financial reporting will cover most of the year’s business that occurred pre-COVID-19, the survey will also include several new questions on how New Zealand’s tech companies are currently responding to the business challenges presented by the pandemic.
“In my view, the technology export sector presents one of the most robust opportunities to sustain New Zealand’s economic momentum in the face of the decline and uncertainty surrounding the tourism sector. As we deal with the reality of the current global pandemic situation, we also have a unique opportunity for New Zealand tech businesses to emerge from this not only intact, but on a healthy growth trajectory.”
The annual TIN Report, now in its 16th year, has been described as New Zealand’s definitive guide to the technology export sector and a critical reference for benchmarking the performance of New Zealand’s 200 largest globally focused technology companies.
To qualify for inclusion in TIN’s survey and research, companies must meet the following criteria:
- originate in New Zealand
- retain a meaningful presence in New Zealand
- operate in the High-tech Manufacturing, ICT or Biotech sectors
- have developed their own technology-based intellectual property
- generate at least 10% of their revenues offshore
If your company already meets these criteria or is aspiring to meet these criteria and you’re interested in being included on the TIN database, click here and complete the form to register. You can also email TIN directly at tin100@tinetwork.com.
Following the distribution of the 2020 TIN survey this week, participants will then have until Friday, 19 June to complete it online. Once completed, each company on the database will then be ranked by revenue to identify the top TIN100 and the TIN Next100, which combined form the full TIN200 list. The Report will also contain a sample of 100 ‘Early Stage’ tech companies that TIN has encountered over the past year.
The final report will be published in November 2020. More information about the launch event will be shared in the coming months.
For more information, contact:
Kate Dobbin
Communications Manager, TIN
E: kate.dobbin@tinetwork.com
M: 021 522 103
ABOUT TIN
Technology Investment Network (TIN) is the leading independent source of information on New Zealand’s technology sector. Founded by tech entrepreneur Greg Shanahan in 1999, TIN has been taking the pulse of NZ’s technology exporters for nearly 20 years, with a simple mission: to help facilitate the growth of the technology sector in New Zealand. TIN seeks to achieve this goal through a range of endeavours, from the creation of networking events and resources for the high-tech sector – including the TIN Report – through to hands-on business management and custom research. Our flagship publication, the annual TIN Report, quantifies the economic significance of New Zealand’s globally focused technology industry by capturing key data on the country’s top 200, revenue earning, high-tech companies and reporting analysis on the 700+ companies surveyed each year.
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