TechnologyOne says 2015’s been pretty good

Published on the 02/12/2015 | Written by Newsdesk


TechnologyOne

Australian software provider TechnologyOne has increased its footprint in New Zealand…

Key organisations signing up for TechnologyOne’s preconfigured enterprise solutions included Wellington City Council and TSB Bank, while existing customer Whangarei District Council opted to move from an on premise setup to its SaaS offering.

Executive chairman Adrian Di Marco said preconfigured enterprise solutions reduce the time, effort, cost and risks associated with enterprise implementations. “We also saw a major momentum shift in local government, with customers like Wellington City Council and Whangarei District Council preferring enterprise SaaS,” he noted.

Di Marco said the market is ‘beginning to understand the difference between the lift and shift approach offered by hosting providers, and sees the benefits in the massive economies of scale SaaS vendors provide.’

Through 2015, TechnologyOne also completed ‘go lives’ of its preconfigured OneEnergy solution at Network Waitaki, and its Enterprise Asset Management and Enterprise Content Management solutions at New Plymouth District Council.

With full year results for period ending 30 September 2015, the company confirmed its twelfth consecutive year of record revenues and licence fees, recording a 16 percent increase in Net Profit Before Tax to AU$46.5 million (approximately NZ$51 million).

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