Adrian Di Marco wins coveted Tony Benson award
Adrian Di Marco, Executive Chairman and founder of TechnologyOne (ASX: TNE), has been awarded the Tony Benson award for outstanding contribution to the Australian ICT industry.
The award was presented at the Australian Information Industry Association's (AIIA) iAwards gala dinner in Melbourne last night, the industry's ‘night of nights'.
With a firm belief in the talent of local developers, a passion for his home town of Brisbane, and the drive to continually push the boundaries with an innovative and aggressive R&D program, Mr Di Marco is testament to the Australian IT industry's ability to compete, and thrive, against the world's largest software companies.
Commenting on his win, Mr Di Marco said that his success was the direct result of the people who have worked with him at TechnologyOne over the past 23 years.
"I believe the success of our business is driven by tapping into the real wealth of this country - the amazing talent of our software developers and programmers," Mr Di Marco said.
"Their passion, dedication, creativity and innovation has driven our success, and this award recognises that."
Mr Di Marco started the internationally successful, Brisbane-based TechnologyOne 23 years ago in the back of a hides processing plant in Hemmant, with the goal of building enterprise software that would compete directly against the world's biggest software companies.
Today, TechnologyOne is one of Australia's largest publicly listed software companies with more than 700 staff in 13 offices throughout Australia, New Zealand, Asia and the UK. It has built an enterprise suite of eleven applications for medium to large organisations spanning seven key vertical markets.
The company has delivered a return on equity which places it in the top 30 companies in Australia.
Key to the success of TechnologyOne has been Mr Di Marco's commitment to an aggressive R&D program, which sees the company invest approx $27m per year in R&D.
TechnologyOne recently opened its new state of the art R&D centre in Fortitude Valley, Brisbane, where some 300 research and development staff now work, making it one of the largest commercial software R&D facilities in Australia.
"Our investment in the new R&D centre puts the spotlight on the talent we have in this country. It has created an environment where people can be innovative, creative, take risks and produce world-class software," Di Marco said.
Under Mr Di Marco's leadership and at a cost of $120m, TechnologyOne built a new generation of enterprise applications based on new business concepts and technology, which culminated in the release of the TechnologyOne Connected Intelligence Series (Ci).
More than 1000 of Australia's largest government departments, statutory authorities, universities and corporations now run their businesses on TechnologyOne's Connected Intelligence Series.
More recently, Mr Di Marco has once again committed TechnologyOne to building the next generation of its enterprise applications, with an estimated R&D investment of $100m+ (scheduled for release in 2014).
The award follows Mr Di Marco's win as Business Person of the Year at the 2009 Brisbane Lord Mayor's Business Award, and his mention in SmartCompany.com's list of the twelve most influential figures in the Australian ICT landscape.