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TechnologyOne history
TechnologyOne company history timeline
In 1987, an enterprising Adrian Di Marco saw an opportunity to build a new generation of financial software for businesses and government departments.
In 1992, TechnologyOne developed a student administration system called College Administration System (CAP) for TAFE Queensland, which led to the development of StudentOne (now TechnologyOne Student Management), used by Australian universities.
TechnologyOne was listed on the Australian Securities Exchange in 1999.
In October 2000, the company raised $18 million from investors including Hyperion Asset Management, Selector Funds Management, Pendal Group, Spheria Asset Management, Colonial First State, River Capital and Pengana.
In 2005, TechnologyOne shifted focus from functionality-centric software to people-centric software.
In 2006, it expanded in UK with its first office in Maidenhead.
In 2014, TechnologyOne entered the S&P/ASX 200 Index and recorded $1 billion market capitalization.
In May 2017 Di Marco stepped down as CEO and COO, Edward Chung, took over as CEO. At the company’s full year results on 21 November 2017, the company’s cloud business turned a profit for the first time, posting a $2.5 million profit for the year to September, and signing 112 new cloud customers.
In 2019, the company announced that it had reached $300 million of annual revenues.
In 2020, the company announced that half of its customers had transitioned from on-premise to SaaS and that 86% of its revenue is now subscription revenue.
In 2021, TechnologyOne CEO Edward Chung announced the companies first patron saint - St Peter.
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TechnologyOne competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Virtustream | 2009 | $215.0M | 680 | - |
| Zerto | 2010 | $114.4M | 590 | - |
| Infor | 2002 | $3.2B | 18,000 | 31 |
| Cooper Consulting | 1994 | $1.6M | 45 | - |
| Gemini Consulting & Services | 2010 | $120,000 | 1 | - |
| BT Consulting & Systems Integration | 1957 | - | 800 | - |
| 314e | 2004 | $10.4M | 12 | - |
| core3 | 2009 | $3.5M | 125 | - |
| Capstone IT | 1999 | $5.7M | 99 | 9 |
| Millennium Consulting | 1996 | $580,000 | 50 | - |
TechnologyOne history FAQs
Zippia gives an in-depth look into the details of TechnologyOne, including salaries, political affiliations, employee data, and more, in order to inform job seekers about TechnologyOne. The employee data is based on information from people who have self-reported their past or current employments at TechnologyOne. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by TechnologyOne. The data presented on this page does not represent the view of TechnologyOne and its employees or that of Zippia.
TechnologyOne may also be known as or be related to Technology One Ltd, TechnologyOne and Technologyone.