The Business of Tech

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The Business of Tech, hosted by leading tech journalist Peter Griffin. Every week they take a deep dive into emerging technology and news from the sector to help guide the important decisions all Business leaders make. Issues such as cybersecurity, retaining trust after a cyberattack, business IT needs, purchasing SaaS tools and more. New Episodes out every Thursday. Follow or subscribe to get it delivered straight to your favourite podcatcher. @petergnz @businessdesk_nz Proudly sponsored by 2degrees Business!  

  1. 17H AGO

    Edge of space: Mark Rocket’s sky-high mission

    Three months ago, Mark Rocket strapped in for a ride aboard Blue Origin’s New Shepard sub-orbital launch vehicle, and in the process became the first Kiwi to enter space.  The experience was a culmination of years of anticipation and some unexpected twists for the tech entrepreneur who was a pivotal, early investor in Rocket Lab and went on to form his own venture Kea Aerospace. Joining five other passengers on the New Shepard rocket in July, Rocket enjoyed several minutes of weightlessness on the suborbital trip that saw him pass the Kármán line, the 100-kilometre threshold that marks the boundary between Earth's atmosphere and outer space. Floating in the capsule, peering down at Earth through the big windows, Rocket says he relates to the emotions felt by astronauts looking back at Earth from space, known as the “overview effect”. “It was incredible to see the atmosphere and the blackness of space. It’s quite a powerful feeling seeing the context of the Earth and the Sun. It was quite an emotional experience,” he said. “You do get that real emotional impact when you see how thin the atmosphere is. We can only live in the bottom five kilometres of the atmosphere. By the time you're up to 100 kilometres, there is not much atmosphere left. It's like the skin of an apple,” he added. Listen to the full conversation on episode 117 of The Business of Tech powered by 2degrees Business, streaming on iHeartRadio and wherever you get your podcasts. See omnystudio.com/listener for privacy information.

    37 min

  2. SEP 10

    Turn science into value: Aussie’s lessons for a stronger economy

    Australia has grown wealthy by exploiting its vast mineral resources, but successive governments have also identified the need to move beyond extractive industries and have invested in science to come up with alternatives. On The Business of Tech this week, I sit down with Dr Cathy Foley, Australia’s former Chief Scientist, and a 40-year veteran of the CSIRO, Australia’s highly respected public research institution, to talk about Australia’s science-powered economic transformation, and what we can learn from it. Australia’s focus on advanced technologies like quantum computing, advanced manufacturing, AI, and clean tech has weathered political changes. Foley highlights the need for strategic coordination, leveraging strengths, and carving global supply chain niches, a model that New Zealand and others can follow.  “Fewer, bigger things. Focus on areas where you’ve got strengths, and turn that into global market supply chains,” she advises New Zealand. Tune in to episode 116 of The Business of Tech for the full discussion powered by 2degrees Business, streaming on iHeartRadio or wherever you get your podcasts. See omnystudio.com/listener for privacy information.

    40 min

  3. SEP 4

    “Absolutely abysmal”: Unpacking Amazon’s trainwreck cloud launch

    Amazon Web Services’ highly anticipated launch of its New Zealand cloud region unravelled this week as it nonplussed journalists and the public alike with PR spin that failed to mask the cracks in its narrative.  In a special episode of The Business of Tech podcast to round out the week, Ben Kepes joins me to break down the blunders, highlighting misplaced numbers, poor communication, and missed opportunities to tell a genuinely positive story. According to Kepes, a Christchurch-based businessman and board director who has closely followed cloud industry developments for over 20 years, AWS’s attempt to herald its new local infrastructure fell apart due to a mix of political expediency and surprising vendor immaturity.  “There are two stories here, right? The first story is one about investment, NZ Inc, infrastructure, politics, frankly. And that was a total debacle. And it was because of political expediency on the politician side and, frankly, immaturity, surprising immaturity on the vendor side,” Kepes told me. Listen to the full conversation on this special episode of The Business of Tech powered by 2degrees Business, streaming on iHeartRadio and wherever you get your podcasts. See omnystudio.com/listener for privacy information.

    33 min

  4. SEP 3

    No upgrade needed: Rimini St’s cost-saving pitch to CIOs

    Nasdaq-listed tech services company Rimini Street is challenging the status quo in New Zealand’s enterprise IT market, offering a striking alternative to the upgrade treadmill set by big software vendors.  On this week’s episode of The Business of Tech, Seth Ravin, founder and CEO of Rimini Street, and Joe Locandro, global CIO, share their vision for how New Zealand enterprises and government agencies can maintain legacy enterprise resource planning (ERP) systems, dramatically reduce support costs, and harness artificial intelligence for innovation, all without costly upgrades or cloud migrations. Rimini Street’s business model is built on lower profit margins than the incumbents, which Ravin used to work for with executive-level stints at PeopleSoft and SAP.  “If you’re driving a 90% plus profit margin, just do the math. You cannot offer much service. You have to say no to just about everything,” Ravin said.  “So in that environment, we said, we’re going to spend more on the customer, give them more service. We’re going to cut the price in half, accept a much lower profit margin. We’re going to make it better for the customer, and we’re going to have a good business, a solid business”. Tune in to episode 114 of The Business of Tech for the full discussion powered by 2degrees Business, streaming on iHeartRadio or wherever you get your podcasts. See omnystudio.com/listener for privacy information.

    38 min

  5. AUG 27

    Bulls**t jobs, agritech, and our advantage as AI proliferates

    New Zealand’s workforce is bracing for the rise of artificial intelligence, but University of Auckland economist and organisational behaviour expert Dr Kenny Ching argues it’s not the jobs apocalypse many fear. AI will reshape roles rather than eliminate them, and thanks to a resilient agriculture-based economy, the country is better positioned than most to adapt and even lead in agricultural innovation.  “AI is definitely coming for jobs,” said Ching on this week’s episode of The Business of Tech.  “But it’s going to hit the services industry particularly hard and earlier than other industries.”  He believes smarter investment in agritech and a renewed focus on uniquely human skills, like judgment and connection, will be key to future success. Ching recently outlined his thinking on AI and the future of work in Aotearoa in a piece published on The Conversation.  Listen to episode 113 of The Business of Tech in full, powered by 2degrees Business, streaming on iHeartRadio or wherever you get your podcasts. See omnystudio.com/listener for privacy information.

    35 min

  6. AUG 20

    Quantum tech's next era – A Kiwi quantum physicist on its potential

    As the global race to develop quantum computers heats up, New Zealand is working on specialist areas of technology that could add crucial elements to the quantum supply chain. That’s according to the University of Oxford’s Professor Andrew Daley, a principal investigator in the UK’s national quantum programme tasked with developing more accurate and functional quantum computers. In the latest episode of The Business of Tech, Daley sat down with me during a visit to Wellington to break down the key issues facing the field, from dealing with error correction in the quantum world, to the challenges quantum computers pose to the encryption systems that keep our data private and secure. New Zealand’s contribution to the quantum puzzle is not in building the highly complex and expensive computers themselves, but in supplying vital technologies, know-how, and a global network of talent, said Daley. The challenge now is to coordinate expertise, support industry engagement, and stake a place in quantum’s unfolding future.  As Daley put it, “All of these pieces of the quantum technologies puzzle are going to come together in a very useful way.” Listen to episode 112 of The Business of Tech in full, powered by 2degrees Business, streaming on iHeartRadio or wherever you get your podcasts. See omnystudio.com/listener for privacy information.

    38 min

  7. AUG 13

    Sovereign or sidelined?: Making the case for Kiwi-controlled AI

    As US tech companies double down on artificial intelligence, pouring billions into new data centres and offering eye-watering compensation packages to secure the best talent, a different path is emerging for New Zealand. Catalyst Cloud co-founder Don Christie returned to The Business of Tech podcast this week to lay out his vision for sovereign AI, one where open source models and local infrastructure pave the way for the country’s digital future. While Christie welcomes the recent government effort to devise a national artificial intelligence strategy, he was clear-eyed about its limitations.  “My take is that the government is making a start... I thought it was quite generic in its application,” he says, noting that while the strategy offers guidance for small businesses dipping their toes in AI, it stops short of investing in the infrastructure or innovation needed for real autonomy. Christie is adamant that New Zealand can, and must, chart its own course by leveraging open source AI. Catalyst Cloud runs on the OpenStack cloud platform and has worked with the likes of Te Hiku Media to apply large language models in the cloud to New Zealand-specific applications. “The technologies are there. You don’t have to build it from scratch. We’ve done this with Linux. We’ve done this with OpenStack in the cloud space. And as open source models begin to mature... the opportunities to build self-determination within New Zealand will explode,” he said. Listen to episode 111 of The Business of Tech in full, powered by 2degrees Business, streaming on iHeartRadio or wherever you get your podcasts. See omnystudio.com/listener for privacy information.

    37 min

  8. AUG 6

    Datacom at 60: Leading NZ’s tech giant into the AI era

    This week's episode of The Business of Tech marks a historic moment: the 60th anniversary of Datacom, New Zealand’s largest homegrown IT company.  I was joined by Datacom’s Group CEO Greg Davidson, who has overseen nearly two decades of remarkable change, steering the Christchurch-founded company through tidal waves of technological innovation.  “It is older than me, I'm going to hang on to that for as long as I can,” Davidson quipped at the start of a wide-ranging conversation about the company that employs over 5,000 staff across New Zealand and Australia and generated $1.48 billion in revenue last year. Datacom started in 1965, the era of the computing bureau when it was too expensive for all but the largest companies to own a computer outright, so businesses shared access to a machine. The Computer Bureau Ltd., which became Datacom, was in demand for processing payroll transactions, a line of business it is a major player in to this day. “We pay about half a million Kiwis every fortnight using those platforms,” said Davidson.  Listen to episode 110 of The Business of Tech to find out how Datacom is embracing the latest technological sea change, artificial intelligence, and how it stays competitive in the face of stiff competition from multinationals. See omnystudio.com/listener for privacy information.

    43 min
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About

The Business of Tech, hosted by leading tech journalist Peter Griffin. Every week they take a deep dive into emerging technology and news from the sector to help guide the important decisions all Business leaders make. Issues such as cybersecurity, retaining trust after a cyberattack, business IT needs, purchasing SaaS tools and more. New Episodes out every Thursday. Follow or subscribe to get it delivered straight to your favourite podcatcher. @petergnz @businessdesk_nz Proudly sponsored by 2degrees Business!  

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