TechnologyOne Strengths, Domain Expertise, and Key Differentiators
TechnologyOne is an Australian software company, with offices across six countries including each state and territory of Australia, as well as New Zealand, the South Pacific, Asia, and the United Kingdom.
Unlike many cloud platforms, TechnologyOne Cloud 5.0 doesn’t rely on expensive middleware such as Citrix and introduces a high level of automation. Providing a massively scalable platform with economies of scale, the next-generation platform includes significant infrastructure sharing amongst customers.TechnologyOne has built its Enterprise SaaS solution on AWS, providing one of the few, true massively scalable SaaS offerings in the market today for Enterprise Software.
TechnologyOne Recent Developments
In September 2021 TechnologyOne has upgraded its Software as a Service (SaaS) platform to meet the stringent Australian Federal Government IRAP security standard, so it can handle data classified as PROTECTED. This new high level of cyber security has also been applied to existing and new UK council and university customers and surpasses obligations set out within the HMG National Cyber Security Strategy 2016-2021, associated Government Functional Standards, minimum cyber security standards along with UK National Cyber Security Centre’s principles and guidance. TechnologyOne’s security upgrades come with no operational impact and at no additional cost to local government and higher education customers, or the taxpayer.
TechnologyOne Mergers and Acquisitions (M&A) Activities
In September 2021 TechnologyOne has acquired a leading higher education software provider Scientia, in a deal that creates a best-in-class industry solution. This acquisition solidifies TechnologyOne’s dominance in the Higher Education market, with 75% of institutions in Australia, and 50% in the UK supported by its solution.
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
Ownership: - ASX: TNE
Number of Employees: 1200
Functional Markets: Analytics and BI, Collaboration, Content Management, CRM, EPM, ERP Financial, ERP Services and Operations Management, HCM, PPM, Procurement, SCM, TRM,
Key Verticals: Banking and Financial Services, Communication, Construction, Consumer Packaged Goods, Distribution, K763, 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 | 2020 | 2021 | 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:
| Type | License | Prof. Services | Hardware | Support & Maintenance | SaaS | PaaS | IaaS | Other (Non Enterprise Application Revenues) | Total |
|---|---|---|---|---|---|---|---|---|---|
| % of Total Revenues | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | 100% |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
TechnologyOne Enterprise Applications Revenues By Functional Markets, $M:
TechnologyOne Enterprise Applications Revenues By Verticals, $M:
TechnologyOne Revenues By Region, $M
| Region | % of Total Revenues | 2021 Total Revenues, $M | 2021 Enterprise Applications Revenues, $M | 2021 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
Over 1200 leading corporations, government departments and statutory authorities are powered by TechnologyOne's software from which 70 are using its cloud-based solution TechnologyOne Cloud.
There were 49 new TechnologyOne Cloud customers for the financial 2015 year. Among TechnologyOne customers are large enterprises such as the Australian Bureau of Statistics, Department of Treasury, Brisbane and Wellington City Councils, Noosa Council, Queensland Police Citizens Youth Welfare Association, Western Australian (WA) Government departments and agencies (SBDC, Tourism WA, Department of Water), Pepper Europe and other large organizations.
In the few months since the October 2015 acquisition of Jeff Roorda & Associates, the software provider has inked deals with the Museum of New Zealand Te Papa Tongarewa and 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 2020, TechnologyOne staff have been ‘attached at the socially-distanced hip’ with customers, helping them to ‘keep the lights on’, and doing everything from keeping nurses paid, essential services maintained in local council areas, to ensuring uni students remain enrolled. The software provider also worked side-by-side with the Australian Taxation Office to rapidly ensure its payroll solution met the needs of the Australian Government's legislation changes on the Jobkeeper Payment. Customers were able to get immediate guidance on how to best configure their Payroll software to meet the Jobkeeper payment and Single Touch Payroll reporting requirements.
TechnologyOne has acquired Digital Mapping Solutions (DMS), which specializes in the development and implementation of integrated mapping solutions.
TechnologyOne acquired Jeff Roorda and Associates (JRA) for approximately $10 million. This acquisition cements TechnologyOne’s position as the leading provider of innovative enterprise solutions for local government, government, and asset-intensive organizations. Acquisition of JRA aligns with TechnologyOne's plans for further geographic expansion, with an established customer base in North America.
TechnologyOne acquired ICON Software, for $10 million, adding to its portfolio new ePlanning and eGovernment software that enables councils to interact with their communities efficiently through online and digital channels.
The TechnologyOne Cloud delivers the Ci Enterprise Suite through the cloud to its customers, in a high performing, reliable and secure manner. Eight early adopters implemented TechnologyOne Cloud in 2013.
TechnologyOne Risks and Challenges
TechnologyOne's support for its on-premise customers ends in October 2024. At this point, they will move their remaining on-premise customers to SaaS. This potentially could lead to losing some customers.
TechnologyOne Ecosystem, Partners, Resellers and SI
In October 2019, TechnologyOne partnered with WPM Education to deliver an integrated solution that gives students more visibility and control over how and when they make payments to their university or college.
TechnologyOne has 14 offices located across the globe. Its offices are located in Australia, New Zealand, United Kingdom, Malaysia and Papua New Guinea.
In April 2019 Mid Ulster District Council is embracing next generation, mobile-enabled technology to transform its organization, signing a two-year Software as a Service (SaaS) deal with the enterprise software provider, TechnologyOne. Procured through G-Cloud, the council will become the first local authority in Northern Ireland to adopt TechnologyOne’s fully integrated SaaS solution, which is currently used by the likes of Cambridge City Council, The London School of Economics and the world-leading Science Museum Group.
TechnologyOne’s solution will replace the council’s Totalmobile on-premise software, automating it's financial management and procurement systems and allowing the council to access its enterprise software on any device at any time, via a single platform. TechnologyOne UK Operating Officer Anwen Robinson said the deal highlights TechnologyOne’s rapid success in the UK and the momentum towards 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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