On our recent trip to Brisbane, we attended the first of the 2019 series of TechOne hosted Showcase events.  The annual event invites existing and potential TechOne customers and industry experts to explore key industry trends and serves as a platform for TechOne to exhibit some of its latest product releases. TechOne has been a long-term holding in our Australian share portfolios since 2012 and the Showcase was a great opportunity for us to find out what is top of mind for TechOne staff and 500 customers in attendance.

The central theme of the 2019 Showcase was how shifting from traditional on premise enterprise IT systems to adopting Software as a Service (SaaS) would help provide cost efficiencies, increase productivity and add functionality for businesses at a time when data flows are increasing at an exponential rate. Traditional on premise software is installed and run on computers located at a user’s work place. SaaS in contrast is accessed via the internet. TechOne’s SaaS product is accessible anywhere anytime on a smart device with data now stored in the Cloud. TechOne released the first of its SaaS solutions in 2012. It now has over 390 SaaS customers with a focus on servicing local government and tertiary education institutions across its core markets in Australia, New Zealand and UK.