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The award was announced at this year's New Zealander of the Year Awards in Auckland last night.
Mental health advocate Mike King was named the Kiwibank 2019 New Zealander of the Year.
Awards organisers said Mr Taylor, who founded Dunedin computer graphics company Animation Research Ltd and multimedia production company Taylormade Productions was an ''exemplar of innovation in New Zealand''.
Mr Taylor's companies' work has included the production of animated television commercials, title sequences, 3-D animated graphics for sports coverage such as the America's Cup, children's television shows including Squirt and apps.
It has also built and continues to service an F1 racing simulator and has produced graphics and simulators for a range of sports from aerobatics to cricket, and has built an online risk assessment platform for one of the world's largest mining companies.
Mr Taylor's team, award organisers said, continued to push the boundaries of technology; one week in the Canary Islands covering a yacht race, the next, a team in India providing graphics for cricket, another in Dubai tracking offshore power boats.
Awards manager Glyn Taylor said Mr Taylor had always been ''a game-changer in a dynamic media industry''.
''His intuition, coupled with exceptional expertise, makes him an exemplar of innovation in New Zealand.''
Other awards announced last night were: Young New Zealander of the Year: Kendall Flutey; Senior of the Year: Dr Bill Glass; Community of the Year: Pillars; New Zealand Local Hero of the Year: Pera Barrett.