NewsBite

TechnologyOne

December 2024

WiseTech founder Richard White: The company has helped the local tech index to outperform the Nasdaq this year.

WiseTech, Xero help ASX tech sector beat Nasdaq

Australia’s technology sector has returned 56.4 per cent so far this year, smashing the return of the Nasdaq-100 despite the magnificent seven-fuelled rally.

  • Joanne Tran

November 2024

Pengana Emerging Companies Fund portfolio managers Ed Prendergast and Steve Black

Meet the ‘emotionless’ fundies that keep outperforming

Pengana portfolio managers Ed Prendergast and Steve Black don’t agree on everything, but after 20 years, the pair continue to outperform the markets.

  • Updated
  • Joanne Tran
TechnologyOne CEO Ed Chung.

Investors cheer TechnologyOne’s earnings surprise

Shares in the Brisbane-based enterprise software firm soared on evidence a new sales model and UK growth were helping it take on giants like SAP.

  • Paul Smith

September 2024

When the Albanese government is throwing billions of dollars at its signature Made in Australia scheme, Rupert Taylor-Price says there isn’t an agreed government definition for what it means to be an Australian business.

True blue dilemma: what makes a business Australian?

As the Albanese government prepares to throw billions of dollars at its signature Made in Australia scheme, there is no agreed definition on what makes an Australian business.

  • Tom Burton

August 2024

Investors and analysts are wary that Richard White’s WiseTech can deliver on the market’s bullish expectations.

Fears the only way is down for hot tech sector in reporting season

Nervous investors and analysts are ready to punish any ASX-listed tech company that disappoints this earnings season.

  • Tess Bennett
Advertisement
  • Exclusive
  • AI
Luke Anear, founder and CEO of SafetyCulture says

This Aussie unicorn is paying millions for a chief AI officer. Should you?

SafetyCulture is on the hunt for its first AI boss as companies scramble to find executives to help unlock billions of value from the hot technology.

  • Tess Bennett

April 2024

TechnologyOne CEO Ed Chung says there has been a noticeable shift in the tech market in the past three to six months.

Why this top 100 CEO gets his executives to swap jobs

The architect of a corporate experiment where the execs change jobs admits it is a little on the crazy side for a $5.2 billion, top 100 ASX tech company.

  • Updated
  • Patrick Durkin

December 2023

TechnologyOne is also facing a retrial of a high profile HR case in April.

TechOne director claims understaffing forced him to work 70-hour weeks

The company brought forward sales targets in the previous financial year but did not have enough staff, according to new allegations made in the Federal Court.

  • Max Mason

November 2023

TechnologyOne chief executive Ed Chung says the Brisbane company is ready to make much bigger deals.

TechnologyOne has never made a big acquisition. Now it wants to

Private equity could reshape the competitive landscape for the Brisbane-based enterprise software group in the UK, where it has been keenly eyeing deals.

  • Tess Bennett

July 2023

Jamie Pherous of Corporate Travel.

Corporate Travel seeks fourth CFO in four years

The travel company says an opportunity with a bigger company, TechnologyOne, came up for its top number cruncher.

  • Liam Walsh

June 2023

The Australian technology sector has ended the year up 27 per cent.

Tech stocks have been on a tear, and there’s more value left

The artificial intelligence bonanza that has pushed the Nasdaq higher has spread to Australia, with local stocks ending the financial year up 27 per cent.

  • Tess Bennett
Oleg Vornik, CEO Droneshield

Why the CEO of DroneShield is studying flight paths

A rise in geopolitical tensions has provided a serious boost to DroneShield’s international revenue.

  • Tess Bennett

May 2023

TechnologyOne CEO Ed Chung says the business is on track to surpass $500 million in annual recurring revenue by 2026.

TechnologyOne shares hit record high

Enterprise software company TechnologyOne’s market capitalisation has surpassed $5 billion for the first time, following strong subscriber growth.

  • Tess Bennett
Founder of Stockspot Chris Brycki in Sydney.

As recession looms, investors urged to stay safe, keep it cool

If you’re an Australian younger than 50, chances are you haven’t been investing during a major downturn. But as the “R” word pops up increasingly, experts say how they’d handle it.

  • Lucy Dean

December 2022

TechnologyOne founder and former CEO and chairman Adrian Di Marco (left) and CEO Edward Chung.

TechnologyOne founder Adrian Di Marco in $40.5m sell down via Wilsons

Listed enterprise software business TechnologyOne’s founder Adrian Di Marco sold 3 million shares in the business, in an after-market trade handled by stockbroker Wilsons.

  • Anthony Macdonald, Sarah Thompson and Kanika Sood
Advertisement
Hansen Technologies CEO Andrew Hansen says the enterprise sales slowdown being seen in Europe and the US could come to Australia.

What Australia’s tech CEOs foresee for 2023

A survey of 11 leading technology chiefs reveals their thoughts on profitability and pricing, IPOs, capital raisings and the war for talent in the year ahead.

  • Yolanda Redrup

November 2022

TechnologyOne founder and former CEO and chairman Adrian Di Marco (left) and CEO Edward Chung.

TechOne faces fresh $53m bullying claim

A former TechnologyOne state manager has lodged a fresh $53 million bullying and unfair dismissal claim against the business and its founder Adrian Di Marco.

  • Patrick Durkin
TechnologyOne CEO Ed Chung said the business is on track to hit $500 million in ARR by 2026.

TechnologyOne shows why it’s withstood the downturn

TechnologyOne is set to maintain its position as one of the most resilient tech stocks on the ASX after its net profit leapt 22 per cent for the full year.

  • Yolanda Redrup

October 2022

TechnologyOne CEO Ed Chung believes the company can continue to double its revenue every five years.

TechnologyOne waves goodbye to cost blowouts with new model

TechnologyOne is rolling out a new offering which promises to put an end to expensive cost blowouts and lengthy ERP software rollouts.

  • Yolanda Redrup

May 2022

The S&P/ASX 200 added 76.8 points to 7182.7 on Friday.

ASX adds 1.1pc, posts second straight weekly advance

The S&P/ASX 200 climbed 0.5 per cent this week, helped along by a rally on Friday that was led by energy and consumer discretionary stocks.

  • Alex Gluyas

Original URL: https://www.afr.com/company/technologyone--business--1nr5