TechnologyOne dominates tertiary education at home and makes progress overseas
TechnologyOne has won five new tertiary education contracts worth a combined $8m in the last month as it continues to reap the rewards of its multi-million dollar investment into developing a new Student Management solution and makes further headway into the New Zealand market.
UTAS is the latest to opt for TechnologyOne's new Student Management solution after Curtin University of Technology, and Bond and Flinders Universities became the first customers to go live last month with the next generation Connected Intelligence platform.
TechnologyOne provides software solutions to more than 50 per cent of the Higher Education sector in Australia, to notable educational institutions in New Zealand, and the company is making inroads into the sector in the United Kingdom.
TechnologyOne Student Management allows students, academics, administrators and partners to connect online, through one application.
Using the online portal, students can enrol and pay fees, staff can check their leave balance, and book teaching and meeting rooms; lecturers can communicate easily with their students and department heads can gain an accurate snapshot of operations.
TechnologyOne Executive Chairman, Adrian Di Marco, said the flurry of new contracts was a result of the company's multi-million dollar investment in the new solution.
"We are now seeing the results of the significant commitment we made to develop this product. It's ten years ahead of anything else in the marketplace, which is why we now dominate this space," Mr Di Marco said.
"When combined with TechnologyOne Financials and other enterprise products, the solution enables tertiary education institutions to analyse the return on investment of each course, unit and student, taking into account staff wages, equipment, subsidies or grants, and marketing."
"Although these are not the only considerations of education providers, it will help them make more informed and strategic decisions about where to allocate resources," Mr Di Marco said.
The University of Tasmania (UTAS) purchased TechnologyOne's Student Management solution as a key component of its Student Lifecycle Information Management Services (SLIMS) initiative.
The implementation is expected to take two years, after which UTAS will use it to capture and manage a student's interactions from initial enquiry about a course of study through to graduation and becoming a member of the alumni.
TechnologyOne Financials has also been selected to replace UTAS's current Oracle finance system.
UTAS Director of Student and Academic Administration, Nigel Ewan, said a comprehensive selection process showed TechnologyOne had a well established system in Australia, which best met the University's requirements, and represented real value for money now and into the future."
"The independent selection of two TechnologyOne products means two of our corporate systems will have the same look and feel, common design features and reporting tools," Mr Ewan said.
"There will also be an opportunity to build capacity to integrate the analysis of UTAS data across the systems for more informed decision-making.
"We are not only improving our existing systems, but providing security into the future with the most modern technology," Mr Ewan concluded.
Two TAFE institutions have started implementing other TechnologyOne systems.
Central Gippsland TAFE has recently purchased TechnologyOne ECM to devolve its document management processes and reduce its reliance on paper documents. A long-term customer, the institution has also upgraded its TechnologyOne enterprise solution by investing in Enterprise Budgeting and XLOne Reporting for both Financials and Supply Chain.
The TechnologyOne CRM solution was a major deciding factor for the Geelong-based TAFE, which will use the solution to improve productivity in managing its international student intake, as well as business development and marketing activities.
Auckland Uniservices, the commercial research company for New Zealand's largest university, became TechnologyOne's 60th tertiary education customer when it signed up to replace its PeopleSoft systems with an integrated enterprise solution.
The purchase of TechnologyOne Financials, Supply Chain and Enterprise Budgeting solutions, and Works & Assets' Project Management and Billing modules, is a key part of Auckland Uniservice's strategy of focusing on the quality of research as opposed to increasing its student numbers.
TechnologyOne's complete integrated enterprise suite for tertiary education comprises Student Management, Business Intelligence, Enterprise Budgeting, Human Resource & Payroll, Customer Relationship Management, Enterprise Content Management, Performance Planning and Works & Assets solutions.
The TechnologyOne Student Management solution won an Australian Industry Award at the Consensus Software Awards in 2008.