The Deloitte South Island Index achieved strong growth during the last quarter of the calendar year, a welcome turnaround after experiencing two consecutive quarterly declines for the first time in five years last winter.

Fifty-one New Zealand technology companies have been included in the 2014 Deloitte Technology Fast 500 Asia Pacific index, tying the record for Kiwi companies achieved in 2009 and outpacing last year’s 40 companies. Twelve are ranked in the top 100.