TechnologyOne profit rises 15 per cent
Brisbane-headquartered software vendor TechnologyOne has posted $51 million in NPAT for the financial year ended 30 September.
Brisbane-headquartered software vendor TechnologyOne has posted $51 million in NPAT for the financial year ended 30 September.
TechnologyOne and Brisbane City Council have reached a confidential settlement over a troubled systems replacement project.
ASX listed software company TechnologyOne said that a war of words with Brisbane City Council hasn’t hurt ongoing local government sales.
Brisbane City Council has served TechnologyOne with what the company described as an “ambit claim” for loss damages in excess of $50 million.
Brisbane City Council has terminated its IT systems replacement contract with TechnologyOne.
Brisbane City Council will be lumped with a $50+ million damages claim if it attempts to wriggle out of its contract with TechnologyOne, the software company has said.
A focus on customer service outcomes at GWMWater — the Grampians Wimmera Mallee Water Corporation — has been underpinned by the organisation’s investment in a unified enterprise software suite that can deliver a single source of truth for key data, as well as an emphasis on eliminating manual processes at the utility.
TechnologyOne believes Brisbane City Council may be seeking a way to terminate its contract with the ASX-listed software provider.
TechnologyOne has put the Brisbane City Council saga behind it, expecting the dispute to have no further impact on profits.
TechnologyOne has said it welcomes a review of an IT systems replacement program at Brisbane City Council but has denied it is to blame for delays to the project.
Toowoomba Regional Council in Queensland is transitioning from a paper based organisation to a digital one over the next five years.
The Treasury has signed a $5.8 million contract with Technology One (ASX:TNE) which will see the vendor’s Software as a Service (SaaS) offering replace SAP software.
Tasmania’s Glenorchy Council is shifting its workloads from on premise to TechnologyOne’s cloud service to improve staff mobility
Two NZ-based education providers, Auckland UniServices and Waikato Institute of Technology (WinTec), have automated their invoicing systems leading to productivity gains for finance staff.
Not-for-profit Police-Citizens Youth Club (PCYC) Queensland is replacing 60 MYOB databases with one cloud-based system to reduce costs and improve branch efficiency.