TechnologyOne wins AU$40m deal with TAFE Queensland
Australian ERP software provider TechnologyOne has scored a 10-year contract, worth AU$40 million, to supply TAFE Queensland with its student management solution.
Building on an existing strategic partnership, the deal will see TAFE Queensland deploy TechOne's OneEducation enterprise Software-as-a-Service (SaaS) solution, which TAFE Queensland CEO Jodi Schmidt said will underpin the organisation's plans to deliver automated back office processes.
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"We will also be able to provide self-service access to the software from all smart mobile devices," she said.
"The software students access will be the same software used by our back office staff, removing the need to re-key data into multiple systems."
TAFE Queensland was among some of the new customers listed by TechOne during the announcement of its 2015 financial year results as being among those that helped the company achieve its 12th consecutive year of record revenue of AU$218 million at the time.
In May, the tech firm reported revenue for the first half year ending March 31 was up 12 percent from last year to AU$101 million, while profit year on year dipped 17 percent to AU$7.4 million. Executive chairman Adrian Di Marco blamed the profit drop on the company's total expenses that increased by 16 percent, a figure he said would rectify itself when full year results are compiled.
In November, the company inked a AU$5.8 million deal with the Department of Treasury to provide the federal department with its preconfigured software-as-a-service (SaaS) solution, OneGovernment.
Under the deal, TechnologyOne will take responsibility for running the software, replacing the ageing SAP software the department previously had in place. It will also be made available for other government departments under the Treasury's shared services arrangements, with up to 15 expected to take advantage of the shared service over the next three years.
At the time, it was said the Australian Bureau of Statistics would be the first department to implement the solution alongside Treasury, with both departments expected to be live by mid-2016.