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Archive for the ‘Technology Industry’ Category

Investmenting in Technology Industry

Thursday, March 22nd, 2012

These are only some of the international companies that are profiting by partnering with NZ. There are various reasons why these companies have chosen NZ over other countries. The Telesyn group chose NZ for its global connectivity and vast pool of specialized skills. The company has managed to increase the employee strength from 50 to 200 within 3 years. Symantec has come to NZ due to the high quality of university graduates available for development centers. Moreover, flexible immigration policies allow companies to employ overseas recruits whenever specialized expertise is not available. GeoVector Corporation has found NZ more attractive due to a more relaxing regime that allows companies to mix technologies and disciplines to create innovative and bold solutions for markets. NZ demographics and its location provide many advantages to telecommunication industries. Since the NZ time zone is 12 hours ahead of GMT, it allows companies to test new technologies and applications during the USA and European night, thus minimizing disruption and speeding up the delivery process. The NZ telecommunication industry is dynamic in size and also in its advantageous position to present cost effective production for niche markets.

NZ has an excellent telecommunications infrastructure which includes all digital exchange networks, high capacity fiber optic communication links and the latest wireless technology. With a population of 40 million, NZ provides a market for testing new technologies. In fact, Vodafone had used NZ as a test bed for testing the prominent GPRS network before introducing it world-wide.

NZ has a proven record of achieving high export figures in telecommunication and wireless hardware and services. Foreign investors can reap huge benefits by investing in this sector in NZ. Invest New Zealand can help foreign investors identify and facilitate investment opportunities in NZ depending on their specific needs.

A worldwide Initiative to Upgrade the Precision Engineering Industry

Monday, January 7th, 2008

Globalization is reflected in a proliferation of free trade agreements, double tax agreements, investment guarantee agreements, mutual recognition, and special economic zones. More economies are pushing to raise their competitiveness quotient, in which the technology index represents a significant component. The market gurus have highlighted innovations in technologies and systems which have allowed miniaturization, greater precision, new functionalities, new materials, shorter life cycles, and higher productivity.

There is a progressive trend for product manufacturers to outsource more of their operations so that they can concentrate on their core strengths of design and development. This provides excellent opportunities for the more enterprising precision engineering companies to move up the value chain. A business model that is becoming increasingly common is one in which the product manufacturer nurtures of pool of supporting companies to form a manufacturing ecosystem. There are a number of important considerations for precision engineering companies to adapt to such a symbiotic relationship.

The strategic importance of Small and Medium Enterprises in general and in the precision engineering industry in particular is widely recognized, as they make a significant contribution to the economy and to employment. Often hindered by limited resources, precision engineering companies require assistance in the five Cs: competencies (know-how and intellectual properties); capital (for investments and expansion); connections (to markets and alliances); conditions (government policies and macroeconomic environment); and culture (attitudes and mindset of the workforce). The measurement of very small parts (with structures smaller than 0,1 mm) has become another focal point of work. After a probing system specially tailored to microstructures was developed by the Coordinate Measuring Machines Section in recent years and successfully transferred to industry, this system is now increasingly used for the calibration of small parts.

To meet the current challenges, experts in the industry have suggested strong leadership in decision making, giving priority to process innovation, and digitizing competitive knowledge. The emerging technologies that will be significant are life sciences, information and communications technologies, environmental technology, and nanotechnology. Manufacturing technology, infrastructural technology, and energy are important enablers.

Countries such as Singapore, the Republic of China, and Malaysia see technology as an important vehicle in their transformations into high-tech, knowledge-based economies, as low value-added manufacturing operations continue to move to lower-cost countries. With the tendency of the original equipment manufacturers to outsource more of their operations, the enterprising precision engineering companies are raising their competencies to position themselves better for such opportunities. Another development that has significantly influenced the modus operandi of precision engineering companies is the need to follow the multinationals to new countries and markets. With production facilities spread across different countries, precision engineers must equip themselves with the necessary IT and supply chain management facilities to coordinate their operations.