Australia’s population is growing fast. According to the Australian Bureau of Statistics, it will increase to more than 28 million people by 2031. And in that year, as a nation we will be investing $377 billion annually in infrastructure to support this growth (up from $187 billion in 2011).

Australian universities are facing the increasingly harsh reality of students, academics and staff expecting more services, technologies and information from them than ever before. Yet decreasing funding from government and an intense competitive environment are making it difficult to meet new demands.

According to the Department of the Treasury, the average age of Australia’s population is increasing steadily. The Australian Government’s Intergenerational Report predicts that the proportion of Australians aged over 65 years will double within the next 40 years to make up approximately one quarter of the total population. As a result of this demographic shift, the Department of Health anticipates that by 2041 the number of people using aged care services will increase by around 250 per cent. Disability services will experience a corresponding rise in cost and importance, amounting to 14.5 percent of Australia’s GDP by 2030.

To flourish, a community requires healthy infrastructure – from roads and bridges to wastewater drains and recreational facilities. This means a community must regularly take stock of its existing assets before developing sensible strategies for their maintenance and replacement, as well as for the creation of new assets.

Technology One Limited (ASX:TNE) has issued this update after the report released by the Australian Tax Office (ATO) listed TechnologyOne as one of the companies in Australia with an effective tax rate of less than 30 per cent.

One of the largest expenses of running a business is the cost of providing and maintaining facilities. In order to deliver the best business outcomes, facilities management needs to shift from a ‘condition’ approach to a ‘level of service’ approach. This evolves from simply assessing facilities maintenance based on the condition of the asset, to evaluating a number of parameters including capacity, fit-for-purpose, condition and frequency of use.

New challenges arising from a mobile-first world are driving a business need for anywhere, anytime access to workplace information.

On October 20 2015, the NSW State Government pushed forward with the next step in the local government reform process, releasing a report by the Independent Pricing and Regulatory Tribunal. In this report, the tribunal highlighted that more than 60 percent of the state’s councils failed to meet the government’s ‘fit for the future’ criteria.

Toowoomba Regional Council is making some big changes as it transitions into a digital local government, implementing new enterprise software to realise ambitious cost reduction targets over the next five years.

Clackmannanshire Council will use leading enterprise software provider TechnologyOne’s OneCouncil Software as a Service (SaaS) solution to eliminate paper-based processes and streamline supplier transactions.

Leading enterprise software provider TechnologyOne has significantly increased its footprint in the United Kingdom, closing out the year with nine new customers, eight of which bought into its cloud offering.

Leading enterprise software provider TechnologyOne (ASX:TNE) has released the fifth generation of its TechnologyOne Cloud, 5.0, introducing the start of its mass production Software as a Service (SaaS) offering.

Leading enterprise software provider TechnologyOne (ASX:TNE) is leading the way for Australian software companies, investing some $41 million in its Research & Development program this year. Equating to 19 per cent of its revenue, the company is one of the largest Australian investors in R&D, well above the industry average of 12 per cent.

Australia’s leading enterprise software provider TechnologyOne (ASX:TNE) has closed out an incredible philanthropic year, with the company and staff working together to support deserving causes as part of its charitable Community Works program.

Leading enterprise software provider TechnologyOne (ASX:TNE) has strengthened its hold on the education sector, increasing its market share with a number of major new customers in 2015.

TechnologyOne (ASX:TNE) has come out of 2015 as the leading provider of enterprise software for local government, adding a number of major councils to its roster in 2015 and significantly strengthening its local government solutions.

Leading enterprise software provider TechnologyOne has increased its footprint in New Zealand, closing out the year with a number of major new customers.

TechnologyOne (ASX:TNE), Australia's most successful enterprise software company today announced its results for the full year ending 30 September 2015, recording its twelfth consecutive year of record revenues and licence fees.

Adrian Di Marco, Executive Chairman and founder of Australia’s most successful enterprise software company TechnologyOne (ASX:TNE), has won a coveted 2015 Pearcey Hall of Fame award for his lifetime of achievement and contribution to the development of the Australian ICT industry.

Jeff Roorda & Associates (JRA) yesterday released its 2015 State of the Assets Report in partnership with the Australian Local Government Association (ALGA), calling for a national strategy to improving the state of Australia’s infrastructure networks.