TechnologyOne

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Technology One Ltd
public
Traded as ASX: TNE
Industry software development
Founded 1987[1]
Headquarters Brisbane, Australia
Number of locations
 14[2]
Area served
 Australia, Malaysia, New Zealand, United Kingdom, South Pacific
Products Financials
Enterprise Content Management
Enterprise Cash Receipting
Human Resource & Payroll
Asset Management
Supply Chain
Business Intelligence
Property & Rating
Enterprise Budgeting
Performance Planning
Student Management
Stakeholder Management
Spatial
Business Process Management
Services Business support
Project management
Consulting
Revenue 218,724 million (2015)
Number of employees
 1000
Website TechnologyOneCorp.com

Technology One Limited is a Australia's largest enterprise software company,[3] making business-to-business software for the government, local government, education, health and community services, financial services, asset intensive industries, project intensive industries and corporates sectors. The company provides a range of software to more than 1000 customers in Australia, New Zealand, Asia, South Pacific and the United Kingdom.[4] In addition to developing software, the organisation also offers consulting and support services.[5]

History

TechnologyOne was founded by Adrian Di Marco in 1987, when he decided to use relational database technology to make accounting software.[6][7] Seeking capital to support this venture, he approached investors John and Dugald Mactaggart of J.L. Mactaggart Industries,[8] a former customer, for financial backing.[9]

TechnologyOne set up its first R&D centre at Mactaggart’s hide processing plant in Hemmant, Brisbane,[9] where the company’s first software product, Finance One (now Financials), was created.[10] Financials was officially launched in 1991.

TechnologyOne was listed on the Australian Securities Exchange in 1999. In late 2000, the company made its first acquisition, Proclaim Software Pty Ltd, which was rebranded to Proclaim One (now TechnologyOne Property & Rating), and in 2007, it acquired an enterprise content management provider, Avand Pty Ltd, and its product, DataWorks, in 2007, integrating it into its software suite and branding it as TechnologyOne Enterprise Content Management (ECM). In 2008, TechnologyOne made a further acquisition, Outcome Manager Pty Ltd, which provided TechnologyOne with a strategic performance planning product, Performance Planning.[11]

By 2009, TechnologyOne had expanded into each of its target vertical markets; government, local government, education, health and community services, financial services, asset intensive industries, project intensive industries and corporates sectors.[12]

In 2014, TechnologyOne entered the S&P/ASX 200 Index and reached $1 billion market capitalisation.[13]

Operations

TechnologyOne is headquartered in Brisbane, Australia,[14] with 14 offices globally. The company has been listed on the Australian Securities Exchange (ASX) since December 1999 under the code TNE.

TechnologyOne has been continually profitable since 1992, recording its twelfth consecutive year of record revenues and licence fees for the full year ending 30 September 2015.[15]

TechnologyOne has a commitment to full market disclosure, and fully expenses its R&D.[16]

Sectors

TechnologyOne operates in eight key vertical markets, including:

  • Government
  • Local government
  • Education
  • Health & community services
  • Financial services
  • Asset intensive industries
  • Project intensive industries
  • Corporates

Products

TechnologyOne has built a comprehensive enterprise suite of products, including:

  • Financials
  • Enterprise Content Management
  • Enterprise Cash Receipting
  • Human Resource & Payroll
  • Asset Management
  • Supply Chain
  • Business Intelligence
  • Property & Rating
  • Enterprise Budgeting
  • Performance Planning
  • Student Management
  • Spatial
  • Business Process Management

TechnologyOne Cloud

In 2012, TechnologyOne announced its TechnologyOne Cloud Software as a Service (SaaS) platform.[17] Through the TechnologyOne Cloud, the company runs its enterprise software for customers.

The TechnologyOne Cloud delivers a massively scalable environment with a production line of servers running TechnologyOne's software for its customers.

Ci Anywhere

In 2014, TechnologyOne released the next evolution of its Connected Intelligence (Ci) platform, Ci Anywhere.[18] The Ci platform provides the core functionality, security and user interface for each of its products.

Ci Anywhere runs across smart mobile devices, laptops and PCs, enabling users to leverage capabilities of each device including GPS, location services and camera/video. It automatically adapts to the screen size of the device being used.

Office Locations

  • Brisbane, Queensland, Australia (Head Office)
  • Gold Coast, Queensland, Australia
  • Canberra, Australian Capital Territory, Australia
  • Adelaide, South Australia, Australia
  • Sydney, New South Wales, Australia
  • Melbourne, Victoria, Australia
  • Perth, Western Australia, Australia
  • Hobart, Tasmania, Australia
  • Auckland, New Zealand
  • Wellington, New Zealand
  • London, United Kingdom
  • Glasgow, United Kingdom
  • Port Moresby, Papua New Guinea
  • Kuala Lumpur, Malaysia

References

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External links

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