TechnologyOne, Australia's largest enterprise software company, has congratulated the Government and The Digital Transformation Agency who today released its Coordinated Contracting Arrangements (CCA) principles. The CCA has set out how the DTA will assess sellers' suitability for future whole-of-government digital and ICT arrangements.
TechnologyOne’s Chief Executive Officer, Ed Chung, said “The Government’s recognition of the importance of encouraging sovereignty and resilience, local tech growth, R&D and Australian-owned intellectual property using the Government’s own buying power is both important and welcome.
“The new principles governing future whole of government procurement arrangements with large tech suppliers, called Co-ordinated Contracting Arrangements, are a leap forward from the old Single Seller Agreements.
“TechnologyOne and many other Australian tech companies have for many years argued the SSAs have locked Australian providers out of many opportunities by providing a red carpet to overseas giants, making it difficult for the Australian industry to grow.
“The Government, and DTA are to be congratulated for listening and changing tack.
“Requiring suppliers to show how they contribute real economic benefits, such as local R&D, local intellectual property, growing Australian businesses, and, critically, is subject to Australian laws, regulation and properly protects Australians’ data from overseas interference, are all very big and important steps forward.
“TechnologyOne looks forward to working with the Government and the DTA to turn these principles into practice.”
TechnologyOne's software powers the councils of more than 83% of Australians, over 60% of Australian higher education, and more than 200 government departments and agencies managing over $500 billion in public funds. The company was the first enterprise software company in the world certified to ISO 42001, the international standard for AI governance, and is IRAP-assessed to the PROTECTED level for government use.
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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 community by providing powerful, deeply integrated enterprise software that is incredibly easy to use. Over 1,300 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.
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