- What is the % success rate of winning quotes for new systems and/or cloud upgrades?
The CEO Mr Chung was generally quite transparent and confident in the TNE technology path.TNE has some 1200 customers and can boast of a 99% retention rate. TNE has 8 vertical markets and sees immense growth in all markets. TNE has doubled in size every five years so far and sees no reason why it should not continue. I raised the question about TNE’s status at Macquarie Uni. The CEO said that with the advent of the Cloud the University was obligated to go public seeking a new provider. TNE understood this and was very very confident of keeping the Macquarie account. They have the account for 20 tears. There simply is no other competitor. TNE has 325 modules over 14 products
Victoria Uni, TechnologyOne deal to transform student management to cloud
Victoria University has signed a new seven-year deal with enterprise software provider TechnologyOne to transform Vocational Education and Training student management to a secure cloud environment.
The deal builds on an existing 20-year partnership between the university and
TechnologyOne, with Victoria University steadily expanding its software footprint since first implementing a financials solution in 1998.
“The new VET Student Management contract signifies Victoria University’s confidence in TechnologyOne’s products and strategic direction,” said Victoria University Professor Richard Constantine.
“In going to market, we were seeking a solution that met VET-specific delivery and government compliance reporting requirements, as well as offering greater functionality that made use of modern technology.
“The new solution will improve the experience for students, staff and other stakeholders through self-service and anytime, anywhere access.”
TechnologyOne’s chief operating officer Stuart MacDonald said the new SaaS deal was another key milestone in the longstanding partnership, and reinforced the company’s value as a “strategic vendor that adapts and evolves to new technologies, concepts and innovations”.
“Victoria University’s is one of our leading tertiary education partners and has worked with us over many years to enhance our education solution offering," he said.
“Our SaaS solution offers a single instance of software, delivered globally, running thousands of customers. It delivers massive economies of scale that hosting providers cannot come close to. All customers benefit from two releases of software per year, the TechnologyOne University, with rich content available online for ‘just in time training’, and ‘defence in depth’ security.
“We are now the only vendor to offer a true enterprise-wide SaaS solution that includes student management, financials, supply chain, human resource and payroll, analytics and asset management, built specifically for tertiary education institutes.”
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