(199 Total References)
Two years ago I interviewed Technology ...
Two years ago I interviewed Technology One founder and CEO Adrian DiMarco about his company's pivot to the cloud and the gold rush among consultants and services providers looking at making money out of cloud computing services.
DiMarco's founded Technology One in 1987 to compete in the enterprise software space with the likes of SAS and Oracle.
At the peak of the dot com boom in 1999, DiMarco
listed the company on the Australian stock exchange where it is one of the few genuine tech stocks on the nation's finance and mining dominated bourse.
Given the focus on listed companies at the moment, DiMarco's views are worth noting.
"if I were to do it again, I'd don't think I'd go that path," he
says about listing the business.
While listing made sense for Technology One
in 1999 those looking at starting a business today shouldn't necessarily follow his
path warns DiMarco
, "tor startups these days, don't follow up normal route.," he
"I think the world's your oyster to do want you want.
Don't let anyone talk you out of anything," DiMarco
Technology One's executive ...
Technology One's executive chairman, Adrian di Marco, said the Assetic relationship ended after it was acquired by venture capitalists and Technology One was unable to negotiate a new distribution agreement.
said because JRA
is owned by Technology One
, it can guarantee the product to a higher level and take on prime contractor responsibility.
can also control the software's destiny, he
would be brought onto Technology One's
platform and cloud and deeply integrated with the same look and feel as the rest of the suite as a SaaS offering.
"It's a very different approach to the Assetic
We tried to make the products work together and they worked very well, but Assetic
is now going down a different approach with a different technology stack."
said it was always Technology One's
intention to acquire Assetic
, but that didn't happen.
we can rebuild it on our platform," he
said Technology One
is about to release support for mobile devices across its suite.
TechnologyOne founder ...
TechnologyOne founder Adrian Di Marco says itâ€™s unlikely his business would be an Australian company if it were founded today.
TechnologyOne founder Adrian Di Marco is blunt about Australia's prospects of keeping its best high-growth technology companies.
"If we were starting today, I have to be honest, we would not be an Australian company, why would we be?
But Di Marco
says this is because things were different when TechnologyOne
started 30 years ago.
"You want companies to be globally focused from a sales point of view but you still want them to be domiciled here and to have their head office here, wherever their head office is makes the world of difference," Di Marco
is talking about initiatives such as the UK's Seed Enterprise Investment Scheme, which offers generous tax breaks on start-up investments: a 50 per cent immediate write-off on eligible investments, and no tax on the profits.
"Our acquisition of JRA aligns ...
"Our acquisition of JRA aligns with our strategy to continuously deepen and broaden our enterprise solutions for the industries we operate in," said Adrian Di Marco, TechnologyOne's Executive Chairman.
Developed in Australia, we have built a global platform that has succeeded in our existing regions and positions us well for future growth," Mr Di Marco
JRA's prediction models have been built using benchmarking and performance data across critical infrastructure asset classes, such as roads, drainage, buildings, pipe networks, mechanical and electrical plant.
Customers use the solution to determine renewal, upgrade, replacement and maintenance strategies to optimise asset performance, within available budgets, over the long term.
solution provides long-term planning, risk management and performance optimisation strategies for organisations that manage public infrastructure worth billions of dollars.
With proven degradation models based on years of data, it calculates remaining life and optimum lifecycle cost of assets," Mr Di Marco
5. Adrian Di Marco, the ...
5. Adrian Di Marco, the founder & executive chairman of TechnologyOne
has grown to become one of the country's largest software giants.
In 2014, TechnologyOne
recorded 11 consecutive years of incredible revenue windfalls.
ensures the company invests heavily in research & development.
also campaigns for investing in the Australian technology sector and is a Software Queensland founding