A disappointing statistic was presented by KPMG last week: around two-thirds of tech projects undertaken by New Zealand businesses fail. Only 29% of all projects are delivered on budget, 21% deliver on benefits and 33% end up meeting the business objectives.
Like many, businesses are struggling to keep up with the fast pace of technological change and New Zealand companies lag behind the rest of the world when it comes to cyber security.
At BNZ we want to help our customers meet their business goals and grow their companies, not just now but also in the future. That’s why we are sponsoring Techweek ’17, which takes place in different locations throughout New Zealand from May 6 to May 14.
After all, considering the changes the financial sector is undergoing, we know from first-hand experience what a challenge it is to keep up with technology and adjust a business to a fast changing environment while also supporting staff and customers in the best possible way.
Some of the changes we’ve implemented over time are:
- Supporting our customers in meeting their goals by being good with money, combining existing ways to interact with them with new ways to communicate and do banking. While some customers prefer to see us in person, others would rather perform their transactions on-the-go with our banking apps.
- Stepping out of the traditional business model to partner with others and create new ecosystems. We work with The Icehouse and Kiwi Landing Pad to help businesses grow, and recently combined our mobile payment system PayClip with posBoss’ POS software. We are also part of Grow North, working with Massey and ATEED to support innovation in Auckland North and our memberships of Fintech NZ and NZTech enable us to contribute to and learn from the technology sector.
- Reacting with speed while keeping our customers’ information safe. We understand that in today’s environment, dominated by automation, customers expect their requests to be processed swiftly. To help keep keep their information secure we’ve separated our systems of engagement from our systems of record.
BNZ’ers will be present at Techweek events in various locations and we’d love to hear from you what you are doing to keep up with technological changes. Here’s our list of the must attend events at Techweek this year:
Kiwi Landing Pad Sales & Marketing Jam – Monday 8 May, 8:30 AM – 1 PM, Wellington, Tuesday 9 May 10 AM – 2 PM, Dunedin, Wednesday 10 May 8:30 AM – 1 PM, Christchurch & Friday 12 May 8:30 AM – 1 PM, Auckland
Farming 2020 | Showcasing Agriculture’s Digital Future – Tuesday 9 May 10 AM – Thursday 11 May 4 PM, Waikato
Why Christchurch? – Tuesday 9 May 11:30 AM – 12:30 PM, Christchurch
Showcasing AgTech – Wednesday 10 May 9 AM – 3 PM, Lincoln
Technology for Smarter Business Expo – Wednesday 10 May – 12 PM – 5 PM, Tauranga
New Innovations in Healthcare and Wellbeing – Thursday 11 May, 5 PM – 7 PM, Auckland
Making Cyber Security Relevant in Business – Thursday 11 May 6 PM – 8 PM, Wellington
Find an overview of all events taking place during Techweek ‘17 here!