Three Otago companies added to Fast 500 index

Two Dunedin companies and one from Queenstown  have made it into the 2016 Deloitte Technology Fast 500 Asia-Pacific Index,  Dunedin company Timely again proving what a star it has become.

The Dunedin appointment scheduling and business management software company was last week named  best emerging business at the 50th annual New Zealand Business Awards.

Yesterday, it came in 71st out of 500 on the Asia-Pacific list with 770% growth in the last year.

Queenstown’s High Performance Academy was 100th with 518% growth and Dunedin’s Blis Technologies was 152nd with 346% growth.

High Performance Academy provides "learn-to-tune performance EFI" (electronic fuel injection) courses online. Blis manufactures probiotic products.

Deloitte Private Partner said 53 New Zealand technology companies were included in the Fast 500 index, one fewer than last year’s record 54 companies and the third year in a row in which more than 50 New Zealand businesses were represented.

Chinese Company Chengdu Wolaila, which provides e-commerce and 24-hour express delivery services through an internet portal, topped the index with 22,239% growth, he said.

Leading the list of New Zealand businesses was Auckland mobile payment company Pushpay, ranked 10th on the regional index with 4574% growth.

Fourteen New Zealand technology companies were placed in the top one-third of the index and seven were in the top 100.

With 53 companies making it on to the index, New Zealand was ahead of South Korea (50) and  Japan (35) and  just below Taiwan (57).

"This year’s strong representation, with New Zealand companies accounting for more than 10% of the entire Asia-Pacific index for the third straight year, is continued evidence our technology companies can thrive on the world stage," Mr Johnson said.

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