TechnologyOne Strengths, Domain Expertise, and Key Differentiators
TechnologyOne is an Australian-based software company with a global presence, operating offices in six countries including all Australian states and territories, New Zealand, the South Pacific, Asia, and the United Kingdom.
TechnologyOne Cloud 5.0 distinguishes itself from other cloud platforms by eliminating the need for costly middleware like Citrix and implementing advanced automation. Offering a highly scalable platform with substantial infrastructure sharing among users, this next-generation solution leverages AWS infrastructure for its Enterprise SaaS offering. This positions TechnologyOne as a provider of one of the few truly scalable SaaS solutions in the current enterprise software market.
TechnologyOne Recent Developments
In September 2021, TechnologyOne enhanced its Software as a Service (SaaS) platform to meet the Australian Federal Government IRAP security standard, enabling it to handle PROTECTED data. This upgraded cyber security level extends to UK council and university clients, exceeding obligations outlined in the UK National Cyber Security Strategy 2016-2021 and associated standards. These enhancements incur no operational impact or extra costs for customers or taxpayers.
TechnologyOne Mergers and Acquisitions (M&A) Activities
In September 2021, TechnologyOne acquired Scientia, a leading higher education software provider, strengthening its position in the Higher Education market. This acquisition enhances TechnologyOne's industry solution dominance, supporting 75% of institutions in Australia and 50% in the UK.
TechnologyOne Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying TechnologyOne applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of TechnologyOne and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified TechnologyOne Cloud, OneCouncil SaaS ERP customers.
TechnologyOne Overview
Level 11 TechnologyOne HQ, 540 Wickham Street, Fortitude Valley
Brisbane, QLD, 4006, Australia
61 7 3167-7300
https://www.technologyonecorp.com/
Ownership: - ASX: TNE
Number of Employees: 1200
Functional Markets: Analytics and BI, Collaboration, Content Management, CRM, EPM, ERP Financial, ERP Services and Operations, HCM, PPM, Procurement, SCM, TRM,
Key Verticals: Banking and Financial Services, Communications, Construction, Consumer Packaged Goods, Distribution, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Professional Services,
TechnologyOne Key Enterprise and Cloud Applications
TechnologyOne Cloud, OneCouncil SaaS ERP
TechnologyOne Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
TechnologyOne Revenue Breakdown By Type, $M:
TechnologyOne Enterprise Applications Revenues By Functional Markets, $M:
TechnologyOne Enterprise Applications Revenues By Verticals, $M:
TechnologyOne Revenues By Region, $M
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
TechnologyOne Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
TechnologyOne Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified TechnologyOne Customers
No. of TechnologyOne Customers: 1200
No. of TechnologyOne Enterprise Applications Customers: 1200
No. of TechnologyOne Cloud Customers: 539
No. of TechnologyOne Cloud Subscribers: x
TechnologyOne's software powers over 1200 prominent corporations, government departments, and statutory authorities, with 70 utilizing its cloud-based solution, TechnologyOne Cloud. Notable clients include esteemed organizations such as the Australian Bureau of Statistics, Department of Treasury, Brisbane and Wellington City Councils, Noosa Council, Queensland Police Citizens Youth Welfare Association, various Western Australian (WA) Government departments and agencies (SBDC, Tourism WA, Department of Water), as well as Pepper Europe and other significant entities.
Since the October 2015 acquisition of Jeff Roorda & Associates, the software provider has secured contracts with notable organizations including the Museum of New Zealand Te Papa Tongarewa, New Plymouth District Council in New Zealand, Armidale, Auburn, and Tamworth Councils in New South Wales, and Shire of Campaspe in Victoria.
TechnologyOne Market Opportunities, M&A and Geo Expansions
In May 2023, TechnologyOne appointed Chandan Potukuchi as Chief Technology Officer (CTO). Potukuchi will spearhead the company’s technology direction, driving innovation for customers. His extensive technical background will consolidate TechnologyOne's innovation, product, and technology teams amid rapid technological advancements.
In 2020, TechnologyOne staff closely supported customers amid pandemic challenges, ensuring essential services functioned smoothly. Collaborating with clients such as healthcare facilities, local councils, and universities, they ensured payroll accuracy and compliance, notably with Australian Government regulations like the Jobkeeper Payment. Customers received timely assistance to configure payroll software for Jobkeeper and Single Touch Payroll reporting requirements.
TechnologyOne has acquired Digital Mapping Solutions (DMS), a company specializing in integrated mapping solutions.
TechnologyOne acquired Jeff Roorda and Associates (JRA) for about $10 million, solidifying its leadership in providing innovative enterprise solutions for local government, government, and asset-intensive organizations. This acquisition supports TechnologyOne's strategy for geographic expansion, particularly in North America.
TechnologyOne acquired ICON Software for $10 million, expanding its portfolio with new ePlanning and eGovernment software. This addition enables councils to efficiently interact with their communities through online and digital channels.
The TechnologyOne Cloud provides the Ci Enterprise Suite to customers in a high-performing, reliable, and secure manner. Eight early adopters implemented TechnologyOne Cloud in 2013.
TechnologyOne Risks and Challenges
TechnologyOne will conclude its support for on-premise customers by October 2024, transitioning them to SaaS. While this strategic shift aims to streamline operations, there is a possibility of customer attrition during the migration process.
TechnologyOne Ecosystem, Partners, Resellers and SI
TechnologyOne collaborated with WPM Education to offer an integrated solution empowering students with enhanced visibility and control over their payments to universities or colleges.
TechnologyOne maintains a global presence with 14 offices strategically located worldwide, including in Australia, New Zealand, the United Kingdom, Malaysia, and Papua New Guinea.
In April 2019, Mid Ulster District Council embarked on a digital transformation journey by signing a two-year Software as a Service (SaaS) agreement with TechnologyOne, a leading enterprise software provider. Through G-Cloud procurement, the council became the first in Northern Ireland to adopt TechnologyOne's fully integrated SaaS solution. This move aligns with the adoption by other prominent entities like Cambridge City Council, The London School of Economics, and the Science Museum Group.
TechnologyOne's solution will replace the council's existing Totalmobile on-premise software, automating its financial management and procurement systems while enabling access to enterprise software across devices through a unified platform. Anwen Robinson, TechnologyOne UK Operating Officer, emphasized that this deal underscores TechnologyOne's swift progress in the UK market and the growing momentum towards Software as a Service (SaaS).
TechnologyOne Cloud Infrastructure Insights
Subscribe to read more about:
- TechnologyOne Public Cloud and Infrastructure (IaaS)
- TechnologyOne Platform (PaaS)
- TechnologyOne Application Delivery
- TechnologyOne Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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