TechnologyOne scores top marks as University of Melbourne signs contract
TechnologyOne Solution To Underpin Landmark Educational Reform at University of Melbourne
Technology One Limited (ASX:TNE), the leading Australian provider of enterprise business software solutions, has been awarded a multi-million dollar contract with the University of Melbourne, one of Australia’s most respected universities, for the supply of TechnologyOne’s Student Management software.
The new solution is expected to significantly improve the way the University manages and interacts with students over their tertiary lifecycle. It will also provide the technology to underpin a landmark educational reform being introduced at the University from 2008.
The recently signed contract, worth in excess of $5 million over the next three years, was awarded to TechnologyOne following a tender issued by the University of Melbourne for the replacement of its existing legacy student management system. The in-house system, which was more than 14 years old, was deemed to be at the end of its lifecycle. Following a competitive evaluation and an on-site functional analysis, TechnologyOne was awarded the contract.
According to John Julian, Director - Student System Project, University of Melbourne, “TechnologyOne was the clear winner when it came to choosing a new student management solution. Their track record in the higher education sector is excellent, but what really impressed us was the ‘out of the box’ software functionality that TechnologyOne could offer. We have also found TechnologyOne to be responsive and pro-active in working in partnership to develop enhanced functionality that the University needs and incorporating it in the product. This new system will greatly benefit our students and staff.”
When fully operational, the new system will be utilised by approximately 4000 academic staff, some hundreds of intensive administrative users and 44,000 students across the university. It will facilitate significant benefits that include an improved student experience, improved information access and information flow, flexibility to adapt and evolve as requirements change, and improved service to academics. Utilising TechnologyOne Student Management also means a reduced technological risk for the University compared to continuing with its existing legacy system.
The vision for TechnologyOne Student Management also emulates, as far as possible, the technology requirements of the University’s landmark educational reform, the Melbourne Model, to be introduced from 2008.
Commenting on the win, Adrian Di Marco, Executive Chairman, TechnologyOne said, “We are absolutely delighted to have been awarded this contract from the University of Melbourne and we look forward to a long term strategic partnership. Our selection is testament to our integrated, ‘out-of-the-box’ software that is continuing to capture market share. Approximately 50 per cent of all higher education institutions across Australia and New Zealand are now utilising either our Australian developed Financials or Student Management software, which is a terrific result.”
The University has purchased the majority of the modules comprising the Student Management solution and these will come into use according to the student business cycle after the system goes live in mid-2008. The University will also work with TechnologyOne to document the business requirements and high-level system specifications for a new scholarships module, which will be built into a future release of the core software.