TechnologyOne acquires world-class scheduling company amplifying UK growth and furthering leadership in the higher education sector

• The only higher education software provider to offer scheduling and timetabling as part of an end-to-end ERP solution
• Scientia’s global solution empowers 50% of the UK and 75% of the Australian higher education market

BRISBANE, 3 September 2021 – TechnologyOne [ASX:TNE], one of Australia’s largest enterprise Software as a Service (SaaS) companies, has entered into an agreement for the acquisition of leading higher education software provider Scientia, in a deal that creates a best-in-class industry solution.

This acquisition solidifies TechnologyOne’s dominance in the Higher Education market, with 75% of institutions in Australia, and 50% in the UK supported by its solution.

Edward Chung, TechnologyOne CEO, said “This acquisition is part of our strategy to deliver a student-centric, end-to-end ERP SaaS solution for the Higher Education sector.

“Scientia’s product integration into our already world class Student Management, HRP, Assets, and Finance Supply Chain products, rises to meet the current needs of the Higher Education sector,” Mr Chung said.

The announcement has been well received by leading universities.

Michelle Gillespie, Registrar and Director of Student Administration and Library Services at Swinburne University of Technology said: “The one thing that students care most about is their timetable.

“Being able to fully integrate a schedule into the full student experience is very important, and an exciting step for those universities - like Swinburne - that use TechnologyOne’s student management system,” Ms Gillespie said.

Adrian Di Marco, TechnologyOne founder and Executive Chairman said “This is our company’s first international acquisition and it demonstrates our deep commitment to serving the higher education sector and the UK market.

“The unique IP and market-leading functionality of Scientia’s product supports our vision of delivering enterprise software that is incredibly easy to use. We are excited about the opportunities this will bring to both our UK and Australian customers in the coming years,” he said.