Recession stories - Page 3

The New Zealand dollar held its gains ahead of the GlobalDairyTrade auction as traders ponder the prospects for prices to bottom out for the nation.

The New Zealand dollar rose against the greenback and reached a new seven-year high against the yen as figures showed retail sales are growing fast.

Mobile broadband is set to drive telecom revenue growth, with forecasts predicting a 19.2% annual increase and USD $122.9 billion in additional revenue by 2016.

Business software vendor takes advantage of economic climate to reap the rewards of a major push into the UK marketplace.

The recession spurred an entrepreneurial surge, notes Andrea Anderson of Ochre, but many SMEs still struggle with sales, marketing, and financial duress.

Intel reveals 12 tech trends to look for in 2011, including the rise of Smart TVs, tablet mania, context-aware computing, and robust security enhancements.

Hudson bolsters its Auckland and Wellington teams with new ICT recruits, anticipating a surge in demand as NZ businesses up IT investment post-recession.

Alan Parker joins GlobalBizpro as Sales Manager for its EXO Division, leveraging 15 years of IT expertise to advance MYOB solutions and drive business growth.

New Zealand-owned IT company CodeBlue expands to Wellington as it anticipates strong demand in the sub-500 seat business market.

Partnering with the University of Auckland, IBM's 2010 Innovation Index finds New Zealand's innovation rate stagnant since 2000, with only farming excelling.

Ovum predicts the ANZ software market will grow nearly 5% in 2010, reaching USD $5.6 billion by 2013, but pre-recession levels won't return until at least 2012.

According to the latest Ovum report, the ANZ IT services market will show a modest recovery with growth above 4.

Kordia’s plans for New Zealand’s second international cable face a four-month delay due to the imminent sale of its Australian partner PIPE Networks.

Microbe NZ rapidly expands its reseller network, aiming to double to 600 within a year, as its eScan security product garners robust market interest.

As the recession tightens budgets, New Zealand businesses prioritise cost over 'green' initiatives in printing, says HP's Daryl Rickwood.

Despite a challenging 2009, the IT sector looks to a hopeful 2010 with job market shifts, rising Windows 7 adoption, and cloud computing progress.

NZICT Group CEO Brett O’Riley stresses that bridging New Zealand’s ICT skills gap involves both training and making the public aware of its importance.

The financial crisis has spurred a boom in IT outsourcing, with cloud computing transforming the landscape. IDC forecasts a USD $3.45 billion market by 2025.

Forty percent of New Zealand companies have adopted video communication technology in the past 12 months, a recent poll has indicated.

While the recession is proving tough for most businesses, resellers focused on the information space are witnessing a strong surge in demand.