TECHNOLOGYONE ENTERS ASX 200

TECHNOLOGYONE ENTERS ASX 200
TECHNOLOGYONE Limited (ASX: TNE) has welcomed its introduction to the S&P/ASX 200 Index.

The Brisbane enterprise software provider began trading as part of the elite 200 publicly listed Australian companies on close of trading September 19.

The company’s share price has climbed 69 per cent year-on-year to reach a record high this month of $3.41.

TNE executive chairman and founder Adrian Di Marco (pictured) says the inclusion firmly positions the company as Australia’s largest publicly listed software provider.

“This growth is testament to the passion and commitment of the entire organisation, and our close collaboration with our customers,” says Di Marco.

“It is a recognition of our achievements to date and vision going forward.”

TNE is currently rolling out its TechnologyOne Cloud and Ci Anywhere products, focused on delivering “powerful enterprise software that is incredible simple to use”.

“It’s an exciting time for the company as we continue our momentum towards a cloud first, mobile first world,” says Di Marco.

“Our level of innovation and creativity is greater than at any time in our company’s 26-year history.”

TNE recorded its tenth year of record profit for the 2013 financial year ending 30 September 2013 and the company also saw recurring annual licence fees grow by 14 per cent through strong customer satisfaction. 


Help us deliver quality journalism to you.
As a free and independent news site providing daily updates
during a period of unprecedented challenges for businesses everywhere
we call on your support

Crypto staking: a new way to earn passive income
Partner Content
You may be familiar with traditional ways of earning passive income such as trading sto...
Etoro
Advertisement

Related Stories

Woolworths adds controlling stake in MyDeal to cart for $218 million

Woolworths adds controlling stake in MyDeal to cart for $218 million

Woolworths (ASX: WOW) is looking to enhance its online marketplace ...

Bendigo-based Apiam Animal Health saddles up with $13.8m acquisitions

Bendigo-based Apiam Animal Health saddles up with $13.8m acquisitions

Vet services business Apiam Animal Health (ASX: AHX) has gone ...

Scrap metal recycler Sims picks up Brisbane port site for $88 million

Scrap metal recycler Sims picks up Brisbane port site for $88 million

In order to acquire one of the few remaining Brisbane sites with de...

“No one plans for these things”: Metricon acting CEO denies crisis rumours following founder’s death

“No one plans for these things”: Metricon acting CEO denies crisis rumours following founder’s death

Just days after the sudden and unexpected death of Metricon founder...