Software Development Boom Continues
Auckland's technology sector adds 1,200 new positions in Q4 2023, with software development and cloud services leading growth. Average salaries increase 8.5% year-over-year as companies compete for skilled developers.
Notable expansions include Xero's new 300-person engineering center in Wellington and Datacom's investment in AI research facilities. Government technology contracts worth $85M awarded to local firms in December alone.
Industry association TechNZ reports membership growth of 15%, with particular strength in fintech, healthtech, and agricultural technology segments. Export revenue from software services reaches $1.2B annually.
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