Victoria University to transform student experience, signing new seven-year SaaS deal with TechnologyOne that extends 20-year partnership

Victoria University and leading enterprise software provider TechnologyOne (ASX:TNE) have built on an existing 20-year partnership, signing a seven-year Software as a Service (SaaS) contract with Victoria University to transform Vocational Education and Training (VET) student management in a secure cloud environment.

Victoria University to transform student experience

The two organisations recently celebrated their 20-year partnership, which has seen Victoria University steadily expand its TechnologyOne software footprint since first implementing Financials 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 any time, anywhere access.”

TechnologyOne’s Chief Operating Officer, Stuart MacDonald, said the new SaaS deal was another key milestone in the longstanding partnership, and reinforced its 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,” Mr MacDonald 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.”