Australian-listed IT services company TechnologyOne has boosted profits for the year to the end of September on the back of continued “strong growth” over the 12 months.
Enterprise software provider TechnologyOne has signed a new multi-year, $1.2 million agreement with Queensland’s Fraser Coast Regional Council to replace a number of the council’s on-premise legacy software applications including asset management, payroll and electronic document management.
Australian listed enterprise software company TechnologyOne has lifted profits for the 2018 financial year by 15% to $66.5 million over 2017.
Australian-listed ICT services company TechnologyOne has been selected by the UK’s group of science museums, the Science Museum Group, to modernise and transform its existing financial business system.
Listed enterprise software company TechnologyOne attributes a strong first-half result, including record revenues and licence fees, primarily to its SaaS and cloud business, which delivered a profit of $3 million, up 217%.
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