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  • 05 May 2023 2:50 PM | Mike Hearn (Administrator)

    Warsaw, Ind. — Formus Labs today announced it has received 510(k) clearance from the United States Food and Drug Administration (FDA) for Formus Hip as the first “automated radiological image processing software” for hip replacement pre-op planning. The New Zealand-founded company previously announced its intent to expand to the US and today’s announcement signifies Formus has cleared the last major hurdle before it can start making its solution widely available to surgeons and healthcare providers.

    Nearly two million joints are replaced every year worldwide and that number is set to double by the end of the decade. Pre-op planning allows surgeons to create a custom surgical plan in advance. However, surgeons are often time constrained due to large caseloads and busy practices. This leaves little time for proactive preoperatively planning, consistently for every case. Additionally, planning individual surgeries can be very time-consuming, sometimes taking days or weeks to complete, which is simply not sustainable or scalable for surgeons with multiple procedures a day.

    Formus expedites the joint replacement planning process by combining AI and computational biomechanics to calculate a patient’s implant fit and deliver digestible, actionable and fully-interactive 3D surgical plans. This innovative pre-operative planning technology provides a surgeon with a personalized curated patient surgical plan before the patient enters the operating room. This technology provides highly accurate outputs from scan to plan in under an hour.

    “Today is a huge milestone in our journey to bring cutting-edge, pre-op surgery planning tools to surgeons, not only to make their work easier and more efficient, but also has the potential to improve the outcomes for their patients,” said Dr. Ju Zhang, founder and CEO of Formus Labs. “FDA clearance serves as significant validation of the accuracy and rigor of our AI models. The surgeons who have used the Formus platform in Australia and New Zealand tell us they like having pre-op plans that make facing any unforeseen challenges on the day of the surgery easier to overcome because of the thorough understanding of each patient's physiology. It also has huge potential to save costs, time spent on logistics, and inventory. We’re excited to bring those same potential savings to providers in the US now too.”

    “The technology underlying the Formus solution helps drive potential improvement in orthopedic patient outcomes. We’re thrilled the 510(k) approval now allows us to fully unlock our US commercialization strategy to achieve positive outcomes for more patients,” Vignesh Kumar, co-managing partner at GD1 and Formus board member.” Formus is a great example of a digital health solution that balances the delicate ‘iron triangle’ of cost, access, and quality while addressing those core pain points in an elegant manner.”

    About Formus Labs

    Formus Labs is the creator of an AI-powered 3D planner for joint replacement surgeries. Formus Labs has core capabilities in computational biomechanics, artificial intelligence and software engineering, bringing together these key elements to deliver cutting-edge orthopedic solutions. Founded from within the world-renowned Auckland Bioengineering Institute, Formus empowers surgeons to improve the lives of patients worldwide. For more information, visit

  • 05 May 2023 10:33 AM | Mike Hearn (Administrator)

    IKE Delivers Strong FY23 Growth With $30.8M Revenue (+93% vs pcp)
    Multi-year Growth Rates and Momentum Demonstrate Operating Leverage

    IKE performance update for Q4 and FY23
    ikeGPS Group Limited (IKE) (NZX: IKE / ASX: IKE) is pleased to release an update for the 12-month period to 31 March 2023 (all figures in NZD).

    IKE will host a webinar 4 May 2023 at 10.30am AEDT/ 12.30pm NZT to discuss the results. To register, please click .

     FY24 revenue of ~$30.8m (+93% vs pcp).
     This result is ~$6m ahead of internal budgets set at the beginning of the financial year and above upgraded analyst consensus.
     FY23 gross margin approximately of ~$16.4m (+67% vs pcp), with a gross margin percentage of ~53%.
     Total cash and receivables as at 31 March 2023 of $23.2m, comprised of $18m cash and $5.2m receivables, with payables of $2.3m and no debt.

    Commentary and outlook

    IKE CEO Glenn Milnes commented, "The FY23 period saw continued strong momentum across IKE. We have achieved very significant revenue and gross margin growth and have closed the period materially ahead of all internal stretch targets.

    Our balance sheet remains extremely strong, noting that the USD and AUD fx rates impact our reported NZD position each quarter. Operating leverage is evident via the scalability of our software products and our disciplined approach to managing operating expenses.

    Our pipeline is strong, and Q4 sales highlights included winning about one new enterprise customer per week, including another of the largest tier-1 electric utilities operating on the East Coast of the US, who selected IKE’s next-gen structural analysis product, called Next-Gen PoleForeman. This customer win means an initial 100 subscription licenses for distribution network design, for three-years, displacing the incumbent competitor who had served this account for more than 20 years.

    Another business development milestone in Q4 included advancing an pole-specific integration and AI automation project at scale via IKE Insight with one of the largest digital data collection businesses for global infrastructure.

    We expect growth to continue in FY24, noting the potential for Q1 FY24 transaction revenue to be below the Q4 FY23 run rate because of the engineering practices of utilities in certain territories where one or two larger IKE customers are building fiber networks.

    Macro-market tailwinds across North America remain highly supportive, driven by the multi-year investment being made into building overhead fiber networks, and additively, the forecasted $300B investment by electric utilities into building & maintaining distribution network capacity and associated network hardening. To meet carbon-zero targets in the U.S. by 2050, analysts forecast that the approximately 50% of the energy in the U.S. needs to be on the electrical grid, from a position of just 20% today. IKE’s product suite drives productivity in support of these network engineering and capacity activities.

    We are executing on sizable sales opportunities and expect healthy growth in the FY24 period and beyond.”

    Full commentary, table and charts are set out in the announcement and presentation attached.


    About IKE

    We’re IKE, the PoleOS™ Company. IKE seeks to be the standard for collecting, analysing and managing pole and overhead asset information for electric utilities, communications companies, and their engineering service providers.

    The IKE platform allows electric utilities, communications companies, and their engineering service providers to increase speed, quality, and safety for the construction and maintenance of distribution assets.

    The core revenue engine for IKE is driven by the number of enterprise customers subscribing to the IKE platform and the volume of assets (called Transactions) being processed through IKE’s software.

  • 05 May 2023 10:19 AM | Mike Hearn (Administrator)

    SINGAPORE, May 1, 2023 /PRNewswire/ -- Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH), a global medical technology leader, today announced it has reached a definitive agreement to acquire OSSIS, a privately-held medical device company that specializes in personalized 3D printed implants, as well as complex hip replacements, including second-time hip replacements and replacements involving bone tumors and trauma.

    OSSIS provides rapid design and production of personalized implants that align with Zimmer Biomet's commitment to providing personalized experiences, with the goal of improving patient outcomes. This acquisition demonstrates Zimmer Biomet's commitment to advancing innovation in the medical technology industry and strengthens the Company's position as a global medical technology leader.

    Zimmer Biomet announced in July 2021 an agreement with OSSIS as the Company's Asia Pacific partner for patient-specific 3D-printed titanium hip joint replacements and other pelvic bone replacement surgery. The partnership was expanded to Europe, Middle East, and Africa in December 2022. The acquisition marks the continuation of a successful partnership and will allow Zimmer Biomet to enhance the Company's hip reconstruction product portfolio.

    "Combining OSSIS's more than 16 years of clinical experience and engineering expertise with Zimmer Biomet's extensive network across Asia Pacific, Europe, Middle East and Africa demonstrates our commitment to bring transformative med tech advancements to patients in need," said Sang Yi, Zimmer Biomet Asia Pacific Group President. "We are very pleased to partner with these patients and their physicians as we work toward our mission to alleviate pain and improve the quality of life for people around the world."

    "Zimmer Biomet shares our ethos of innovative technology with a strong patient focus, and OSSIS is thrilled to join Zimmer Biomet's established portfolio with cutting-edge solutions and expert capabilities," said Kelvin Hyland, OSSIS Managing Director.

    About Zimmer Biomet

    Zimmer Biomet is a global medical technology leader with a comprehensive portfolio designed to maximize mobility and improve health. We seamlessly transform the patient experience through our innovative products and suite of integrated digital and robotic technologies that leverage data, data analytics and artificial intelligence.

    With 90+ years of trusted leadership and proven expertise, Zimmer Biomet is positioned to deliver the highest quality solutions to patients and providers. Our legacy continues to come to life today through our progressive culture of evolution and innovation.

    For more information about our product portfolio, our operations in 25+ countries and sales in 100+ countries or about joining our team, visit or follow Zimmer Biomet on Twitter at

    SOURCE Zimmer Biomet

  • 03 May 2023 10:44 AM | Mike Hearn (Administrator)

    DCI Data Centres (DCI), a wholly owned portfolio company of Brookfield’s Global Data Centre Platform, has announced the completion of the first of two new generation cloud data centres in Auckland as it continues its expansion across New Zealand.

    AKL01 was completed on time and on budget and is part of a broader New Zealand strategy which includes a second site in Albany, AKL02, to present a total of 50+ MW of critical technical infrastructure to the New Zealand market.

    Commenting on the completion, DCI’s head of its Australian and New Zealand business Malcolm Roe said DCI is committed to a major investment programme focusing on cloud data infrastructure to serve the ever-increasing need to securely access and store data.

    It is fantastic to have delivered our first data centre in New Zealand which will address a critical capacity gap in the market and support the growth of the digital economy.”

    AKL01 has been built to the highest physical and virtual security and compliance credentials to manage multi-national cloud, highly classified government, and defence workloads.

    Group Chief Executive Officer Nicholas Toh said: “AKL01 has been designed to support New Zealand’s data sovereignty, cloud adoption and digital skills development. We expect to collectively bring over NZ$600 million to the Auckland region, with a combined economic value exceeding NZ$1.4 billion over the life of the projects.”

    Each data centre will create more than 150 jobs during construction and approximately 250 ongoing full-time equivalent jobs in supporting information and communications technology (ICT) industries once the site is operational.

    DCI intends to run its facilities in New Zealand from 100 per cent renewable sources, and to set industry-leading benchmarks for water and energy efficiency, as it continues its expansion in New Zealand.

    Udhay Mathialagan, CEO of Brookfield’s Global Data Centre Platform and Chair of DCI, added: “The launch of this high-specification data centre is another milestone in Brookfield’s ongoing efforts to enhance New Zealand’s digital infrastructure. Through our portfolio companies including DCI we are delivering timely and highly secure data centres and fibre networks that are becoming an integral fabric of global cloud players operations in New Zealand.”

    About DCI Data Centers

    DCI Data Centers (DCI) is a data centre owner and operator that is challenging the way facilities are built and operated.  It brings together innovative, environmentally-efficient technologies and construction methods to enable the rapid deployment of secure cloud and hyperscale compute environments.

    With a growing fleet of data centres across Australia, New Zealand and Asia, DCI’s mission is to become the preferred partner in the Asia Pacific region for the delivery of purpose-built, highly secure, and resilient data centre solutions.

    Since 2015, DCI has served public cloud and managed service providers, governments, and enterprises. It delivers mission-critical digital infrastructure with predictability, flexibility, and security; critical to scale and respond to market demand.

    DCI is a portfolio company of Brookfield Asset Management and its investment partners.

    About Brookfield Asset Management

    Brookfield Asset Management is a leading global alternative asset manager with approximately US$800 billion of assets under management across renewable energy, infrastructure, real estate, private equity and credit. Brookfield’s Global Data Center Platform currently comprises four portfolio companies, DCI Data Centers (Asia Pacific), BAM-DLR (India), Ascenty (South America) and Evoque (North America), which collectively operate over 50 data centers across four continents servicing a range of hyperscale customers.


  • 25 Apr 2023 2:52 PM | Mike Hearn (Administrator)

    American Airlines’ Los Angeles service is returning to Auckland for the summer with seasonal flights to LAX.

    The Hollywood direct route launches on December 21 and will be operating daily. LA direct will be the second Auckland based service from American Airlines since Covid, joining the US carrier’s Dallas Fort Worth route which recommenced late last year.

    Connecting Auckland and California between peak summer months, until March 3, the airline said it was part of a focus on growing its Asia-Pacific footprint.

    AA was assigning an 787-9 aircraft to keep the route open during the peak summer travel season.

    The airline’s VP of operations and commercial, Kyle Mabry said the new addition to the AA roster would allow customers to explore new destinations. That would include connecting Kiwis to Mexico and continental US or American travellers into New Zealand.

    “The response we had from the New Zealand public when we returned to shores last year was overwhelmingly positive,” said Mabry.

    They were working closely with Auckland Airport to add the new link to the network.

    Auckland Airport’s chief customer officer, Scott Tasker, said they looked forward to seeing American Airlines aircraft return from LAX.

    While it will offer Kiwis travel opportunities into West Coast America, New Zealand continues to rank highly as a summer travel destination.

    “The new flights are also projected to bring in $35 million of additional tourism spend into the New Zealand economy,” said Tasker.

    The Americans are coming - and so are cheaper airfares

    American airlines first launched Auckland to LA direct in 2016 but was halted four years later by the 2020 pandemic.

    American is the latest of four airlines to reopen links between LAX and New Zealand. From October 28, Air New Zealand’s daily service to Los Angeles, NZ4, will be joined by Delta Airlines who are launching their first ever airlink between the cities.

    United Airlines, codeshare partner with Air NZ, is launching its own seasonal services to New Zealand this summer, increasing the number of inbound aircraft from LA.

    Bringing additional 787 aircraft to Auckland from October 28, United will also be adding a South Island direct service to Christchurch from December 1.

    Bringing US tourists directly into Canterbury three times a week, the service will add more plane seats across the Pacific.

    The return of more aircraft and carriers into New Zealand are predicted to force down fares between the US, after a period of historic highs.

    Christchurch Airport chief executive Justin Watson said the new services would “supercharge tourism value to New Zealand.”

    He predicted that the buoyant US travel market would not only benefit the tourism economy but bring better value to New Zealanders, as South Islanders would be only one flight away from LA.

    Auckland Airport earlier predicted that the increased interest in New Zealand as a destination from US carriers would only be a good thing for Kiwis wishing to head overseas.

    “We’re excited about the opportunities this will create for New Zealand’s tourism industry and the wider economy, along with the additional seat capacity providing more choice and competition for travellers,” Scott Tasker of Auckland Airport told the Herald.


  • 23 Apr 2023 10:59 AM | Mike Hearn (Administrator)

    With more than 30 New Zealand companies that have opened offices in Denver, the city is officially a Kiwi hub.

    A New Zealand-based software company that describes itself as a concierge for parking spaces is opening a U.S. headquarters in Denver.

    The move grows the list of companies from the Oceania region using Denver as their North American launching pad.

    Executives with Parkable said they are currently working out of the Galvanize building on Platte Street downtown, where a growing group of New Zealand- and Australia-based tech companies say they have found camaraderie and support from their peers.

    Byron Powell, Parkable's chief revenue officer, said about three employees have been working in Denver since the company came for an onboarding program with the city in September. He said the company does not have plans to hire more than about six people locally to start, although plans could change if its client list grows.

    Founded in 2016, Parkable uses software that manages parking spaces for employee and residential lots, a commodity that has grown more popular with companies as they continue hybrid work models, Powell said.

    He said the company is currently working with Meta (Nasdaq: META), the parent company of Facebook and Instagram, and works with Microsoft in New Zealand to coordinate employee parking. Parkable also has an agreement with Waterton, a major multi-family housing developer in the U.S.

    Kezia Lynch, Parkable's head of customer success, said she and other leaders with Parkable came to Denver in September to partake in the city's Global

    Landing Pad program, a multiple-day workshop with local experts on legal and other requirements that foreign companies need to open and grow in Denver.

    The program backed up against Denver's Startup Week, which opened even more doors to mentors and community members that could help Parkable get started, Lynch said.

    "Having that literally within the first week of our arrival just made everything in Denver a bit easier,” she said.

    It wasn't long into their visit that Lynch said Parkable knew for certain it wanted to base out of Denver. Lynch and several others stayed to make operations official, and Denver began serving as the U.S. headquarters last fall.

    Andrew Burner, Colorado's honorary New Zealand consul, said the city's startup week has been "hugely important" in getting out the word to New Zealand-based companies about the opportunities associated with working here.

    With more than 30 New Zealand companies that have opened offices in Denver, Burner and New Zealand's regional Consul-General Jeremy Clarke-Watson said the city is officially a kiwi hub.

    The 6th largest foreign direct investor in the state, more and more New Zealanders see Colorado as a place where they want to tour, live and do business, Clarke-Watson said. He said similarities in the outdoor lifestyle and Denver's geographical location are common benefits cited by companies that locate here.

    Lynch said Denver's location allows Parkable workers to travel to either coast of the U.S. in a few hours, and its central time zone allows for the company to work with both New Zealand and United Kingdom time zones for at least half of the workday.

    "It's an ideal location for serving the whole world, really," she said. For that reason, Lynch said Parkable has considered moving even more of its central operations to Denver.

    On Platte Street, she and Powell said they have found a community not just with other New Zealand companies, but with their Australian cousins.

    The city of Denver and Australian business organization AUSDenver last year launched an Australian business hub at the Galvanize office, marking a first-of-its-kind initiative to capitalize on a significant amount of inquiries from the region.

    Xero, a small business accounting platform from New Zealand, has its Denver headquarters on Platte Street, and several cafes in the area have developed menus that reflect a taste of home for business workers from New Zealand and Australia that include flat white coffees, Burner said.

    "You hear a lot of accents as you walk that street," he said.

    Powell said working in a tightly knit community of businesses from a similar region has unmatched value. He said that the community has helped Parkable get ahead of questions that they might not have even known to ask, such as the details of getting health insurance for employees.


  • 19 Apr 2023 7:43 AM | Mike Hearn (Administrator)

    United adds 40% more flights between the U.S. and Australia/New Zealand next northern winter, including new non-stop service to Christchurch, new routes from L.A. to Brisbane and Auckland, and more flights from San Francisco to Brisbane and Sydney

    United serves more destinations in Australia and New Zealand than all U.S. carriers combined

    Next winter, United will have more flights and serve more destinations between the U.S. and Australia and the U.S. and New Zealand than any other carrier in the world

    CHICAGO, April 18, 2023 /PRNewswire/ -- United Airlines today announces the largest South Pacific network expansion ever to and from the continental U.S., including the first non-stop flight between San Francisco and Christchurch set to commence on December 1. United will be the only carrier to directly connect the U.S. and the South Island of New Zealand. With 66 flights between the US and Australia/New Zealand every week, United will operate nearly 40% more flights from the U.S. to Australia and New Zealand next northern winter versus last year.

    The carrier is adding new direct flights from Los Angeles to Brisbane and Auckland and increasing service to the region from its San Francisco hub with daily flights to Brisbane, twice daily flights to Sydney and flying larger aircraft to Melbourne. And thanks to United's relationships with Air New Zealand and Virgin Australia, travelers can enjoy easy one-stop connections from these cities to more than 50 destinations in the region.

    United already flies to more destinations in Australia and New Zealand than all other U.S. carriers combined, and now will have more flights and serve more destinations in the region from the U.S. than any other carrier in the world. Tickets are now on sale on the airline's mobile app and on – just in time for customers to plan their trips for the region's peak winter season.  

    "This past winter, United enhanced our network and became the largest carrier to the South Pacific region. Now, this upcoming winter, we will expand even further," said Patrick Quayle, Senior Vice President of Global Network Planning and Alliances. "Our strong partnerships with Air New Zealand and Virgin Australia provide unparalleled connectivity, and with our historic expansion across five destinations in New Zealand and Australia, United is the clear choice for customers' travel to the region."

    San Francisco  Christchurch, NZ*

    Starting December 1, United will be the only airline to offer direct flights between the U.S. and New Zealand's South Island, with the first direct San Francisco-Christchurch service. United will fly this route three times weekly on a Boeing 787-8 Dreamliner. United's new flight to Christchurch is part of the airline's broader expansion efforts in New Zealand and next winter, the airline will be nearly 70% larger in New Zealand than in 2019.  

    Los Angeles  Auckland*

    Next winter, United will build on its position as the largest U.S. airline to Auckland, adding four weekly flights from Los Angeles. United is the only U.S. carrier to serve Auckland year-round with its existing service from San Francisco. United will fly its Los Angeles-Auckland route on a Boeing 787-9 Dreamliner, starting October 28.

    Los Angeles  Brisbane*

    In winter 2022, United became the only airline to offer direct flights between Brisbane and San Francisco. On November 29, United will add to this service by adding three weekly Los Angles-Brisbane flights on a Boeing 787-9 Dreamliner – becoming the largest carrier between the U.S. and Brisbane.

    More Flights to Sydney and Brisbane

    In addition to adding new flights to its schedule, United will also increase its flying from San Francisco to Brisbane and Sydney. Starting October 28, United will offer daily flights between San Francisco and Brisbane on a Boeing 787-9 Dreamliner and will be able to fly nearly triple the number of customers to Brisbane from the US next winter than it did in 2022. The airline will also fly twice daily between San Francisco and Sydney on Boeing 777-300ERs starting October 28, offering more flights to Sydney from the U.S. than any other carrier.

    More Seats to Melbourne

    This past winter, United became the largest airline from the U.S. to Melbourne, increasing from ten to fourteen weekly roundtrip flights, with one daily flight from both San Francisco and Los Angeles. Starting October 28, United will deploy its largest airplane on flights between San Francisco-Melbourne.  The 777-300ER will add nearly 100 daily seats to each departure. Compared to winter 2019, United will offer 65% more seats to Melbourne.

    *flights subject to government approval 

    About United

    United's shared purpose is "Connecting People. Uniting the World." From our U.S. hubs in Chicago, Denver, Houston, Los Angeles, New York/Newark, San Francisco and Washington, D.C., United operates the most comprehensive global route network among North American carriers. United is bringing back our customers' favorite destinations and adding new ones on its way to becoming the world's best airline. For more about how to join the United team, please visit and more information about the company is at United Airlines Holdings, Inc., the parent company of United Airlines, Inc., is traded on the Nasdaq under the symbol "UAL".

    Source: United Airlines

  • 10 Apr 2023 12:10 PM | Mike Hearn (Administrator)

    Agri-tech company Halter says it has focused on growing its core business, and research and development after securing $85 million in capital.

    The company, which was founded in 2016, creates electronic collars that use sound and vibration to guide and contain individual cows without the need for fences.

    The Series C funding was led by US venture capital giant Bessemer Venture Partners, known for backing companies such as LinkedIn and Rocket Lab.

    Bessemer joined existing investors DCVC, Blackbird, Promus, Icehouse and Rocket Lab founder Peter Beck.

    Halter founder and chief executive Craig Piggott - who once worked for Rocket Lab - said the company's main growth objectives revolved around its existing product.

    "How do we continue to be more efficient - in terms of helping farmers to be more efficient, how do we keep increasing the benefits for them," he said.

    "The key priority is more about improving the product and success for our farmers rather than any big expansion plans. They are there but they come second."

    Piggott said any overseas expansion would be anchored on countries that farm in a similar way to New Zealand.

    Bessemer partner Tess Hatch said Halter was a company that revolutionised livestock farms.

    "The company's suite of software as a service products manages everything from pasture grazing and livestock movements to animal health, ultimately reducing labour costs and increasing revenue, while at the same time decreasing farm emissions," she said.

    Halter's collars were leased under a "per-cow subscription model" that was based on the features required by farmers.

    The company would own and maintain the collars.


  • 05 Apr 2023 4:52 PM | Mike Hearn (Administrator)

    Entries open for 24th AmCham – DHL Express Success & Innovation Awards for companies doing business with the USA, in conjunction with United Airlines.

    The American Chamber of Commerce is delighted to announce the launch of the 2023 AmCham – DHL Express Success & Innovation Awards in conjunction with United Airlines. 2023 is the twenty fourth year these awards have been held and they celebrate business achievement between New Zealand and the United States.  The US is New Zealand's third largest trading partner with bilateral trade now worth around $20 billion – goods exports to the USA $7.8b and imports from the USA $7.8b.

    To allow us greater flexibility there are no set categories for the three exporter awards. Once applications are in the judges will decide on three categories.

    With United Airlines returning to flying back to NZ and post Covid, we are bringing back the Contribution to Tourism with the USA award. 

    As Sustainability and Climate Change are such an important issue we will select one for the finalists to receive a Commitment to sustainability/Climate Change award.

    Commenting on the awards, Mark Foy, Managing Director, New Zealand & Pacific Islands, DHL Express, said “DHL Express is proud to partner with AmCham to deliver the 2023 AmCham-DHL Express Success & Innovation Awards. We know that the USA remains as one of the top exporting destinations for New Zealand businesses, who we see using ingenuity to improve business processes. Innovation and Kiwi ingenuity are at the heart of numerous Kiwi export success stories and we look forward to seeing the high calibre of this year’s finalists”.

    Awards categories are:

    3 Exporters of the Year to the USA

    Bilateral Connections with the USA

    Investor of the Year to or from the USA

    Contribution to Tourism with the USA

    This year we will also select a finalist from the above categories for a Commitment to sustainability/Climate Change award.

    The Supreme Award winner is selected from winners of each of these awards.  AmCham also presents an award to the Member/Supporter of the Year.

    Entries close 5pm on 30 May
    Week of 26 July finalists interviewed by awards judges
    29 August Awards dinner in Auckland

    If you require any other information about entering the 2023 awards please contact Mike Hearn, by email  or phone 09 309 9140.

      2023 © Am

  • 04 Apr 2023 5:29 PM | Mike Hearn (Administrator)

    Microsoft has received Overseas Investment Office (OIO) consent to purchase additional land, enabling it to expand its cloud infrastructure in New Zealand.

    As recognised by the OIO, this investment will benefit Aotearoa by introducing additional capital into the country, creating approximately 50 new full time equivalent (FTE) jobs once the datacenter on this site is operational, plus 300 temporary FTE jobs during construction of the datacenter.

    This development is a recognition of the long-term opportunity we see in Aotearoa, and a sign of commitment from Microsoft to continue to assist in powering the country’s digitalisation journey. New Zealand’s economy proves to be resilient despite global macroeconomic challenges and its growth potential, underpinned by strong democratic foundations and the rule of law, creates a favourable business environment. This additional investment aims to meet anticipated customer demand for our cloud services in the future.

    We already see strong uptake of cloud computing in New Zealand and high interest in the next generation of artificial intelligence-powered technologies. According to a recent IDC White Paper, commissioned by Microsoft, Public Cloud Services Opportunities and Dividends to the Australian and New Zealand Economies*, public cloud adoption generated $23.9 billion in new revenues for New Zealand businesses in 2022 – around six per cent of GDP. By 2026, cloud delivery is expected to add $21 billion to the economy above this level and generate 134,000 new jobs as a result of new capabilities and growth.”

    Following the initial disclosure in 2020, announcing Microsoft’s intention to construct a datacenter region in New Zealand, Fonterra, the Accident Compensation Corporation, BNZ and Auckland Transport have decided to move to Microsoft Cloud. We’re also working alongside partners such as TupuToa, Rea, PwC and DXC to equip students, jobseekers, and workers with digital skills to ensure Aotearoa thrives in a digital future. We announced a micro-credential programme alongside national vocational training provider, Te Pūkenga, and TupuToa, aimed at filling the need for skilled cybersecurity experts, while boosting diversity. Te Whatu Ora Health New Zealand has already committed to welcoming paid apprentices as part of the programme.

    We also have sustainability firmly in mind as we build our hyper-scale cloud. With around 80 per cent of NZ’s electricity currently generated from renewable sources, we are well-placed to make New Zealand’s datacenter region one of the most sustainable on the planet. Microsoft has an ongoing commitment to supporting organisations on their decarbonisation journey through platforms such as Microsoft Cloud for Sustainability, but that starts with ensuring our own cloud is net carbon neutral. One of our global sustainability commitments is to execute power purchase agreements equivalent to 100% of our energy needs by 2025. Last year, we signed an agreement with sustainable electricity retailer, Ecotricity, to ensure our datacenter region is powered by 100 per cent carbon free energy. Microsoft will only be using Toitū net carbonzero certified electricity sourced from solar, wind and hydro.

    We look forward to continuing to empower every New Zealand organisation and all New Zealanders to achieve more.

    Maciej Surowiec, Government Affairs Lead New Zealand, Corporate, External & Legal Affairs (CELA)

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