Enterprise software firm TechnologyOne says it will strongly defend itself against an ambit claim from Brisbane City Council for loss and damage in excess of $50 million, following the Council's decision to call off a 10-year contract to replace 13 outdated customer service systems.
The head of a technology company in NSW has questioned why contracts for IT deals with local councils have been awarded to a Queensland company without the proper tender process being gone through as per existing law.
TechnologyOne, founded by Adrian Di Marco, started in Brisbane in 1987 to develop its own accounting software. Fast forward to 1999 when it went public, and that is where the 17 years it is celebrating start from.
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