TechnologyOne Limited 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 Limited Recent Developments
In 2018, TechnologyOne unveiled the new release of 2018B, its second major upgrade in 12 months. The update of its enterprise SaaS solution contains 389 new enhancements which are each designed to save time and money for the tech leader’s global customer base, keeping them at the forefront of innovation.
TechnologyOne’s SaaS solution is a single instance of the software, delivered globally, and runs all customers’ entire organizations across government, higher education, and the corporate sector. It produces massive economies of scale, which unleash cost efficiencies that other hosting providers cannot come close to.
TechnologyOne Limited Mergers and acquisitions (M&A) Activities
TechnologyOne acquired Jeff Roorda & Associates for its enterprise asset management solutions.
TechnologyOne Limited Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying TechnologyOne Limited 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 Limited 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, customers.
TechnologyOne Limited Overview
Ownership: - ASX: TNE
Number of Employees: 1200
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, 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, Faith Based Nonprofit, Youth and Elderly Care Nonprofit, Special Cause Nonprofit, Oil and Gas, Professional Services, Retail, Transportation, Utilities,
TechnologyOne Limited Key Cloud and HCM Applications
TechnologyOne Limited HCM and Cloud HCM Applications Revenues, $M:
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* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** 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 Limited Revenue Breakdown by Type:
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TechnologyOne Limited HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2019 HCM Revenues, By Sub-Functional Markets, $M
TechnologyOne Limited HCM Applications Revenues By Verticals, $M:
TechnologyOne Limited Total and HCM Applications Revenues by Region:
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TechnologyOne Limited Direct vs Indirect sales
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TechnologyOne Limited Customers - Breakdown by Geo, Size, Vertical and Product
No. of TechnologyOne Limited Customers: 1200
No. of TechnologyOne Limited HCM Applications Customers: x
No. of TechnologyOne Limited Cloud HCM Customers: 75
No. of TechnologyOne Limited Cloud HCM 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 Limited 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 Limited Risks and Challenges
TechnologyOne’s migration to the Cloud is expected to gather momentum over the next few years, perhaps at the expense of eroding its license sales.
TechnologyOne Limited 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 Limited Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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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).
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