TechnologyOne Founder Wins Brisbane Business Person of the Year
Adrian Di Marco has been named Business Person of the Year at the prestigious Lord Mayor's Business Awards in Brisbane, in a year that saw technology companies blitz the field, taking out five of the nine categories.
The TechnologyOne founder and Executive Chairman said the recognition of the value of the local ICT sector was incredibly gratifying.
"Brisbane's technology industry is worth billions to the city and state, employing thousands of people," Mr Di Marco said.
"The city is a breeding ground for some of the world's most innovative individuals and cutting edge companies and it's wonderful that this has been so publicly recognised by the Lord Mayor."
"Brisbane is uniquely placed in the Asia-Pacific region and has the potential to become an Australian Silicon Valley. We've got great universities and the necessary talent - there just needs to be an even greater focus on promoting the industry."
Financial services supplier, GBST Holdings, mining technology specialists MineWare and über-cool digital entertainment company Hoodlum, which took out two awards, all shared the stage on the night.
Commenting on Mr Di Marco's win, judges at the prestigious award ceremony said he had shown great resilience in establishing and growing an internationally successful software company that has continued to grow over more than two decades.
They said the success of TechnologyOne, which provides integrated business software, had contributed to Brisbane's international profile and reputation as a city.
Adrian Di Marco started TechnologyOne in Brisbane in 1987 with $500,000 from an angel investor after struggling to find funding from traditional lending institutions.
It has since grown from providing a single financial software package to offer a complete enterprise suite of software solutions covering everything from human resources and payroll to business intelligence and performance planning.
The company listed on the Australian Securities Exchange (ASX) in 1999 and now employs more than 800 staff in 14 offices throughout Australia, New Zealand, Asia and the United Kingdom - its software is used by tens of thousands of people across the world every day.
In 2008, TechnologyOne's revenue topped $110m and the company invests more than 20 per cent of its annual revenue back into research and development at its Brisbane headquarters, a major commitment to innovation.
TechnologyOne counts more than 800 organisations in the Health and Community Services, Financial Services, Utilities, Government (Local, Central, Federal and State), Education and Managed Services sectors as customers.