17 May 2022 – The Australian Department of Agriculture and Water and Environment (DAWE) is using new digital infrastructure to drive massive efficiencies across the import and export of primary industries in Australia, following a seamless transition to Australian founded and owned TechnologyOne’s SaaS platform.

DAWE is the first “tier one” Federal Government agency to transition its core financial systems to software-as-a-service, setting the platform for a planned transformative modernisation program to support local producers and staff, and driving economic growth.

Ed Chung, CEO of TechnologyOne - the Australian ERP company partnering with DAWE on project - said new economic modelling by IBRS and Insight Economics independently quantified the potential significant savings that could be available to the nation by modernising and upgrading to SaaS.

“If all government agencies followed DAWE’s lead and upgraded their systems to software as a service (SaaS), Australia would be looking at $62b in savings over 10 years, which could be re-invested into front line services such as roads, biosecurity and regional healthcare and education.

“Importantly, the research showed the experience of departments and agencies that had already made the transition was that much of these savings came from productivity improvements, not just lower operating costs,” Mr Chung said.

“If other major sectors* also upgraded their old legacy IT systems to SaaS, the Australian economy would be $224B better off over the next 10 years not accounting for inflation – and this would be even higher if it Australian tech talent was chosen to deliver the work.

“As Australia ‘builds back better’ in 2022, the partnership between government, business and industry will continue to be critical, with technology and innovation at the core of ongoing economic growth.

“All organisations will need to upgrade their IT to SaaS eventually, and this economic modelling shows the potential for the nation if we fast track these transformation projects,” Mr Chung said. DAWE’s new finance solution has been deployed into TechnologyOne’s IRAP assessed PROTECTED SaaS solution. TechnologyOne has transitioned all agencies in its Federal GovCloud to this solution, which provides materially higher cyber security posture at no additional cost.

TechnologyOne, Australia’s leading SaaS ERP provider, has a more than 30 years experience partnering with the government across Federal, State and Local jurisdictions in Australia, New Zealand, the UK and Pacific.

For more information on the IBRS, Insight Economics report ‘’The Economic Impact of SaaS”, visit www.toobigtoignore.com.au.

*(State and Local Government, higher education, health and community services and asset intensive industries)

Media contact
Amity Sturwohld
Corporate Affairs Manager
+61 439 646 389
amity_sturwohld@technologyonecorp.com

About TechnologyOne

TechnologyOne (ASX: TNE) is Australia’s largest enterprise Software as a Service (SaaS) company and one of Australia’s top 100 ASX-listed companies, with offices across six countries. Our enterprise SaaS solution transforms business and makes life simple for our customers by providing powerful, deeply integrated enterprise software that is incredibly easy to use. Over 1,200 leading corporations, government departments and statutory authorities are powered by our software.

Our global SaaS solution provides deep functionality for the markets we serve: local government, government, education, health and community services, asset intensive industries and financial services. For these markets we invest significant funds each year in R&D. We also take complete responsibility to market, sell, implement, support and run our solutions for our customers, which reduce time, cost and risk.

Publish date

17 May 2022
Contact Us Agent - TechnologyOne

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