The Technology Investment Network’s TIN 100 report showed revenue of the 200 companies rose 12% to $9.4billion this year.
The collective export revenue of the same companies was up 13.5% from last year to nearly $7billion and the total number of employees increased by 7.9% in the past year as 3000 new jobs were created.
The top 200 companies now employed nearly 40,000 people.
Mr Joyce said the TIN 100 report told an impressive story of innovation, growth and exporting success in New Zealand’s technology sector.
Dunedin cancer diagnostics company Pacific Edge was again recognised with the company named in the Tin 100 Top 10 list of "hot emerging companies".
The 10 emerging companies nearly doubled the record performance of the companies on last year’s list.
Pacific Edge chief executive David Darling said the company now had three products in the market and a fourth product would be launched in New Zealand later this year.
A global roll-out of the new product would be made to the company’s targeted markets of the United States, New Zealand, Australia and Southeast Asia next year.
"Our strategy is to offer a ‘one-stop shop’ of bladder cancer diagnostics tests to meet different clinical needs [and it] is reaping returns."
The company’s strategy to build awareness, clinical trial and acceptance of its products was driving year-on-year increases in revenue, Dr Darling said.
Yesterday, the United States subsidiary of Pacific Edge Ltd was approved as a provider as part of the Tricare Health Plan network, which provided healthcare coverage to about 9.4million beneficiaries around the world under the United States Military Health System — including active military staff and veterans.
Earlier, the signing of a Federal Supply Schedule in February 2016 provided Pacific Edge with access to the 10.2million veterans enrolled in the Veterans Administration, as well as access for Cxbladder tests at the 150 US Department of Defence facilities across the United States.
TIN 100 overall growth was led by Fisher & Paykel Appliances, with revenue of $1.16billion.
IT services company Datacom Group was second with revenue of $1.06billion, followed by Fisher & Paykel Healthcare with revenues of $816million.
TIN managing director Greg Shanahan said the year’s data signalled an inflexion point had been passed as the industry hit critical momentum.
The report reflected longer term acceleration of technology growth and a significant closure of the export earnings gap between dairy and technology.
Dairy delivered export earnings of $12billion in the year to the end of June 2015.
The Information and Communication Technology sector showed the fastest increase in revenue growth, up 17.3% but manufacturing contributed the most revenue in dollar terms.
Mr Joyce said it was pleasing to see research and development across the TIN companies grew a record 16% in the past year to $827million.
"This is a real investment in the future of these companies and will help lift overall investment levels of New Zealand companies in research and development."
