Story image

The evolution of Kiwi success story Magic Memories

30 Apr 2018

In 1995, John Wikstrom and Stuart Norris saw a gap in the nation's tourism market: Many tourists don’t have the skill or equipment to take high-quality photos and videos of their travels.

So, Wikstrom and Norris founded Magic Memories, offering innovative photography and video products to tourists, including personalised photobooks and shareable digital content.

Since its inception, Magic Memories has grown to a US$120 million company, operating in 10 countries with approximately 2,500 staff and 170 partner attractions around the world.

The company’s acting chief financial officer Simon Robinson says expansion has always been the key aim for Magic Memories. Robinson adds, “We wanted to be prepared for the future and equip the business with a sophisticated ERP system that could integrate our processes in a single source of truth. Oracle NetSuite gives us exactly that – a future-proof system that expands with us.”

“OneWorld supports our core financial, procurement and supply chain needs and enables us to continue to grow and expand, without operational challenges.”

“When we chose NetSuite as we wanted to build a long-term strategy on a robust system that could grow and scale with the business.”

Group vice president and general manager, Asia Pacific and Japan (APJ) Cloud/ERP at Oracle NetSuite, Lee Thompson,  also comments: “It’s been encouraging to see the successful evolution of Magic Memories over the past five years.”

“We’re proud to have played a key role by supporting its growth across multiple regions, and providing Magic Memories with a flexible, global system needed to sustain its global expansion."

Robinson continues, “We chose NetSuite OneWorld as our ERP system in December 2013 as we were confident that it could meet the needs of our increasingly geographically dispersed business, integrate the whole supply chain and set us up for growth.”

“It’s a system that is well suited to the US$200-500 million company we want to be, as well as the size we were then and are now.”

Versent acquires AI specialist Contexti
Versent announced its acquisition of Sydney-based, actionable insights business, Contexti.
8x8 launches X series contact centre cloud solution in A/NZ
“With X Series, organisations throughout Australia and New Zealand can now integrate all of their employee communications and contact centre solutions on one cloud platform.”
Aerohive achieves ISO/IEC 27001 cloud platform certification
Aerohive is the first cloud-managed networking vendor recognized by a global standard for commitment to information security management systems.
Better data management: Whose job is it?
An Experian executive’s practical advice on how to structure data-management roles within a modern business environment.
Opinion: BYOD can be secure with the right measures
Companies that embrace BYOD are giving employees more freedom to work remotely, resulting in increased productivity, cost savings, and talent retention.
Sonatype and HackerOne partner on open source vulnerability reporting
Without a standard for responsible disclosure, even those who want to disclose vulnerabilities responsibly can get frustrated with the process.
Platform9 and Intersect partner to bring unified cloud to A/NZ
“For Intersect, Platform9 represents the single most strategic solution to a set of challenges we see expanding across the board."
Gartner: AI to reduce project management workload
80% of the work performed project management teams will be taken over by AI by 2030, starting this year.