Listed enterprise software company TechnologyOne (ASX:TNE) says it signed 240 new deals across Australia, New Zealand and the UK in 2017. This included deals valued at $40 million with Australian local government bodies.
A very public and ugly stoush between Brisbane-based enterprise software firm TechnologyOne and Brisbane City Council over TechnologyOne’s delivery of a Local Government Systems programme has now been settled in private.
Enterprise software company TechnologyOne has attributed the growth of its cloud business for driving an eighth year of record revenues and a strong profit result for the FY 2017.
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Alternative headline: Four million ignore the NBN. Woeful ARPU sees NBN Co struggling to reach profitability.