The provider of enterprise software solutions has increased its presence in New Zealand with more than eight major deals signed over the past 12 months, which it says represents millions of dollars.
Recent signings include Lakes District Health Board, Auckland Uniservices Limited, Tairawhiti District Health and the NZX. TechnologyOne currently employs more than 30 people in New Zealand.
Executive Chairman for TechnologyOne, Mr Adrian Di Marco, said the wins were particularly encouraging because the market for enterprise software is not growing substantially. “In order to continue to grow our business we have to win new customers from our competitors, who are often entrenched in the operations of these organisations,” he said.
Di Marco added that the firm grew its license fee revenue by 11% for the financial year ending October 2009 when competitors experienced a decline.
Janice Smith, Finance Manager at Far North District Council, a TechnologyOne customer that uses the integrated enterprise system, said, “The system is highly intuitive and simple to understand, featuring an easy-to-read dashboard with traffic lights indicating alerts, potential problems and areas that are operating within approved parameters.
“If you are not an accountant, sifting through 25-30 meaningless codes to find the cause of a problem is really hard work. Numbers don’t automatically tell people a story but everyone understands that a red light signals trouble.”