Kiwi firms feature in top tech list

Last updated 13:11 06/12/2013

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Tourism booking site Bookme has been ranked one of the top 20 fastest growing tech businesses in the Asia Pacific region by an influential index.

The Deloitte Technology Fast 500 Asia Pacific index identifies the top tech businesses in the region, based on revenue growth over the last three years.

Queenstown-based online booking company Bookme, which specialises in offering tourism deals around the country including in Queenstown, Auckland and Rotorua, had "impressive" growth of more than 1300 per cent which saw it sneak into the top 20, ranked 18.

Bookme is wholly owned by director James Alder. The company was founded in 2011 and is expanding from its home turf into Australia.

Mobile app developer Alphero was the next best Kiwi company, ranked 22 with revenue growth of more than 1100 per cent over the last three years.

A further 16 New Zealand tech businesses made the index's top 100, including cloud management company GreenButton and mobile app business Snakk Media. Seven New Zealand companies made the top 100 last year.

A total of 40 Kiwi companies made the Fast 500.

Only China had more companies in the top 100 but in total New Zealand had the highest representation per capita on the index, Deloitte said.

Of the local tech companies in the index 16 were based in Wellington, 15 in Auckland and six in Christchurch. New Plymouth, Hamilton and Queenstown had one company each enter the index.

"These results clearly show that despite the relatively small New Zealand market hard working innovative Kiwi firms have been able to outperform companies from many larger countries," Deloitte private partner Stephen Nicholas said.

He said mobile and cloud technology had levelled the playing field, helping New Zealand businesses achieve global scale and overcome market and geographical boundaries.

On average revenue growth across the Fast 500 firms was up 356 per cent this year, Deloitte said.

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- © Fairfax NZ News

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