Mayo-Smith is now health programme lead at New Zealand Trade and Enterprise, following several high profile CIO and ICT director roles over the past 20 years.
“The programme will be looking at various markets where we can add value and help further unleash New Zealand health companies’ potential overseas,” says Mayo-Smith.
The role covers working with companies producing medical devices and health technology products and services. It is part of the High Impact Program geared to increase the speed and scale of internationalisation for health and medical groups of customers
NZTE is a government agency designed to support customers to grow and succeed internationally. It offers assistance for different business requirements including strategy, leadership, research and development, operations, marketing, capital and international markets.
Mayo-Smith says healthcare is one of the number of programs NZTE is focusing on which include agribusiness, wine, high value food, aviation, digital and marine.
Public and private sector-led pitch to help Kiwi tech companies grow globally.
Says assistive technology can benefit not just people with disabilities, but help businesses expand services to wider market.
“Health is one of the key areas where New Zealand has unique opportunities,” he says. “It is a smaller country, you can do things a lot more easily here and use that to grow the opportunity particularly in the health IT and technology and move it to overseas.”
Analyst firm Gartner forecasts healthcare providers in New Zealand will spend NZ$294 million in 2014, up 5.4 per cent over last year. Of these, $52 million of this will be on software, the fastest growing category at 9.3 per cent. Next year, this number is expected to reach $57 million, or an increase of 8.3 per cent.
Globally, Gartner says IT spending by healthcare organisations will reach US$103 billion in 2014, up 3.8 per cent over last year. Software represents more than $17 billion of this, an increase of more than 6 per cent over 2013. By 2015, the figure is expected to reach $107 billion, a 4.1 per cent rise, of which $18 billion will be on software.
"Health is an interesting, fascinating environment, where it is quite rewarding when you are able to accomplish things, and make a difference," says Mayo-Smith on what drew him to the role.
“Health, particularly, is something that affects every single person,” he states. “All of us at one time or another go to see a doctor or somewhere in the health system. So how can we improve that? How can we derive better outcomes?”
Prior to this, Mayo-Smith has worked as an independent business strategy consultant, and was general manager-technology for Livestock Improvement Corporation, and CIO at Yellow New Zealand, MedTech Global (on contract), Radius Health Group and Auckland District Health Board. He is also a member of the editorial advisory board of CIO New Zealand.
Steven Mayo-Smith joins agricultural company LIC as general manager of technology
The health and disability sector is composed of more than 12,000 enterprises. Is it possible to build a seamless connection across these groups? In a recent CIO roundtable sponsored by Simpl, ICT executives from the health sector share their views.
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