Media releases

53 Kiwi companies make the Deloitte Asia Pacific Technology Fast 500

Chinese e-commerce company Chengdu Wolaila tops index with 25,239 percent growth - Pushpay top ranked New Zealand company in 10th place

Fifty-three New Zealand technology companies have been included in the 2016 Deloitte Technology Fast 500 Asia Pacific index, one shy of last year’s record 54 companies and the third year in a row with over 50 Kiwi businesses represented.

The index, announced in Hong Kong today, ranks the top 500 tech businesses according to their revenue growth over the past three years and sets the standard for high growth technology businesses in the Asia Pacific region.

Chinese company Chengdu Wolaila, which provides e-commerce and 24-hour express delivery services through an internet portal called Sposter, tops this year’s index with a staggering 25,239% growth.

Leading the list of New Zealand businesses is Auckland-based mobile payment company Pushpay, ranked 10th on the regional index with an impressive 4,574% growth. It is followed by customer relationship management platform Plexure and appointment booking and scheduling software company Timely, which come in 35th and 71st respectively on the 2016 index.

Fourteen Kiwi technology companies are placed in the top one-third of the index and seven are in the top 100.

Deloitte Private partner Darren Johnson says the 53 companies from New Zealand out-performs regional heavyweights South Korea (50) and Japan (35), and is just shy of Taiwan (57), in terms of representation on the index.

“This year’s strong Kiwi representation, with New Zealand companies accounting for over 10% of the entire Asia Pacific index for the third straight year, is continued evidence that our technology companies are thriving on the world stage,” says Mr Johnson.

“As we saw in the Deloitte Fast 50 unveiled last month, a number of Kiwi companies have embraced disruptive technologies; with many in business to help other companies better navigate these technological changes.”

Auckland-based businesses lead the Kiwi contingent on the list with 24 companies represented, while there are 15 from Wellington, 6 from Christchurch, 3 from Hamilton, 2 from Dunedin and one each from Whangarei, New Plymouth and Queenstown.

Other notable results from the 2016 Deloitte Technology Fast 500 Asia Pacific index include:

  • The top-ranked business on this year’s Asia Pacific index is Chengdu Wolaila with a growth rate of 25,239 percent.  Based in China, Chengdu Wolaila provides e-commerce and 24-hour express delivery services through an internet portal called Sposter. Sposter is the world’s largest smart delivery box operator, using a network of pin code-operated 'smart boxes' for drop-off and collection of items throughout communities in China, with 30 million subscribers and an average of 1 million deliveries per day.
  • In terms of the geographical spread, the largest number of companies are from China (150), followed by Australia (88), India (63), Taiwan (57), New Zealand (53), South Korea (50), Japan (35), Singapore (2) and Maylasia (2).
  • Apart from China’s dominance of the index, the strength of Australian technology companies also stood-out this year, with 88 companies (up from 80 in 2015), as their representation in the ranking continues to climb year on year. 
  • Revenue growth across the index averaged 573% this year, up 158 percentage points from last year’s 415% average.
  • The software sector continues to dominate. 199 companies in the top 500 were software companies, accounting for 40 percent of the companies ranked.
  • In a shake-up from past years, the media sector overtook hardware as the second-most prevalent sector in this year's rankings, accounting for 19 percent of this years' Technology Fast 500.

The full list of winners of the 2016 Asia Pacific Technology Fast 500 and details about the nomination and eligibility criteria of the program can be found on www.deloitte.com/fast500asiapacific.

NZ companies on the 2016 Deloitte Technology Fast 500 Asia Pacific index

Rank

Company name

Location

Growth

Website

10

Pushpay

Auckland

4574%

www.pushpay.com

35

Plexure

Auckland

1197%

www.plexure.com

71

Timely

Dunedin

770%

www.gettimely.com

78

Fresh Focus

Auckland

656%

www.freshfocus.net.nz

85

Heyrex

Wellington

613%

www.heyrex.com

87

Ultrafast Fibre

Hamilton

601%

www.ultrafastfibre.co.nz

100

High Performance Academy

Queenstown

518%

www.hpacademy.com

104

Whanau Tahi

Auckland

508%

www.whanautahi.com

106

Isovist Ltd

Wellington

500%

www.isovist.co.nz

122

90 Seconds

Auckland

448%

www.90seconds.tv

134

Code Avengers

Hamilton

389%

www.codeavengers.com

152

Blis Technologies

Dunedin

346%

www.blis.co.nz

160

Spotlight Reporting

Wellington

324%

www.spotlightreporting.com

163

Quotient

Hamilton

316%

www.quotientapp.com/nz/

170

Payport

Auckland

304%

www.payport.co.nz

172

GeoOp

Auckland

301%

www.geoop.com

179

Uprise Solutions

Wellington

290%

www.uprise.co.nz

194

Area360

Wellington

272%

www.area360.com

197

The Last Pickle

Wellington

268%

www.thelastpickle.com

198

Vend

Auckland

265%

www.vendhq.com

214

Moola

Christchurch

236%

www.moola.co.nz

224

Touchtech

Wellington

227%

www.touchtech.co.nz

242

PaperKite

Wellington

208%

www.paperkite.co.nz

255

Roam Creative

Auckland

199%

www.roamltd.com

256

Pure SEO

Auckland

199%

www.pureseo.co.nz

262

Xero

Wellington

195%

www.xero.com

264

FlexiTime

Wellington

191%

www.flexitime.co.nz

267

Bookme

Whangarei

191%

www.bookme.co.nz

268

ShowGizmo

Wellington

189%

www.showgizmo.com

272

ARANZ Medical

Christchurch

187%

www.aranzmedical.com

276

Mint Design

Christchurch

184%

www.mintdesign.co.nz

287

JetMax Media

Christchurch

175%

www.jetmaxmedia.com

293

Customer Monitor

Auckland

173%

www.customermonitor.com

302

STAAH

Auckland

165%

www.staah.com

308

Virsae

Auckland

163%

www.virsae.com

317

Little Giant

Auckland

160%

www.littlegiant.co.nz

320

Trineo

Christchurch

157%

www.trineo.co.nz

328

EROAD

Auckland

155%

www.eroad.co.nz

348

Socialites

Auckland

147%

www.socialites.co.nz

361

Crystalnix

Wellington

140%

www.crystalnix.com

391

Unleashed Software

Auckland

131%

www.unleashedSoftware.com

392

ExportX

Auckland

130%

www.export-x.com

393

NIG Nutritionals

Auckland

130%

www.newimagegroup.co.nz

399

Customer Radar

Auckland

129%

www.customerradar.com

433

Promapp Solutions

Auckland

115%

www.promapp.com

437

Orbit Remit

Wellington

114%

www.orbitremit.com

440

Business Toolbox Ltd

Auckland

112%

www.businesstoolbox.co.nz

445

SMTP2GO

Christchurch

111%

www.smtp2go.com

457

Alphero Ltd

Wellington

104%

www.alphero.com

458

WhosOnLocation Ltd

Wellington

104%

www.whosonlocation.com

459

Outpost Central Ltd

Auckland

104%

www.outpostcentral.com

470

Findatruckload

New Plymouth

99%

www.findatruckload.co.nz

472

Serko Ltd

Auckland

96%

www.serko.com

 

Contact:
Matt Huntington
Deloitte New Zealand
Communications Manager
04 470 3771
mhuntington@deloitte.co.nz

Did you find this useful?