TASMANIA, 30 August 2023 - Tasmanian Irrigation has taken the next step in its digital transformation by implementing TechnologyOne’s Enterprise Asset Management, a cost-effective solution to manage 18 complex irrigation schemes all over the state. The move to a Software-as-a-Service (SaaS) based asset solution gives the state-owned company scalability as it continues to grow and develop new irrigation schemes in the coming years.
Established in 2008, Tasmanian Irrigation owns, operates and develops irrigation schemes, river works and dams to deliver water to Tasmanian farmers and landowners for their crops and land.
The company has worked with TechnologyOne for more than five years, choosing the Australian technology vendor’s easy-to-use Software-as-a-Service (SaaS) platform to provide a single source of truth across its entire business operations. The 60-strong team at Tasmanian Irrigation use TechnologyOne’s finance, HR and payroll and supply chain management solutions to great effect.
Tasmanian Irrigation’s Accounting & Finance Manager, Steven Morrison, said: “We have seen significant efficiency gains from the solution. The budgeting module, in particular, empowers managers and their teams to easily build, view and review their budgets so that our business can remain cost-efficient. And it’s only getting easier with every year.”
Tasmanian Irrigation’s Chief Financial Officer, James Hipwood said they had successfully built the current irrigation schemes but needed a solution to provide a single view over all schemes to help increase asset life, reduce risk and build operational efficiency.
“Our whole business revolves around the assets we own and manage, they are complex infrastructure projects enabling farmers to expand, diversify and value-add their businesses. We needed to ensure we had visibility over the cost and performance of the current schemes to optimise their performance for Tassie’s farmers and landowners while being as cost-effective as possible,” he said.
“We already had TechnologyOne products implemented across the organisation, so it made sense to choose their asset management solution. The move to TechnologyOne Enterprise Asset Management gives us an integrated view of our whole business, which has helped us streamline operations and find great efficiencies.”
The solution will allow the team at Tasmanian Irrigation to pre-plan maintenance, including pump overhauls, critical valve servicing and water meter improvements, for the winter months when operational schemes close.
By 2025, Tasmanian Irrigation will manage a portfolio of irrigation infrastructure valued at more than $680 million, capable of delivering close to 170,000 megalitres of water via 1,451 km of pipeline, 55 pump stations, 24 dams and three power stations.
TechnologyOne CEO, Ed Chung, said: “Since the launch of our OneAsset solution, we have helped manage over $300 billion worth of assets and infrastructure across Australia and New Zealand.”
“We understand how important it is for state-owned organisations, like Tasmanian Irrigation, to have a software solution that can help them manage the cost of asset ownership so they can do more with less while maximising value for their customers and community.”