Enterprise software from ASX-listed development house Technology One will replace SAP as the financials system engine for a government agency in Queensland, the company announced yesterday.
Going against the Queensland Government's mandated use of SAP, the win had to be "brokered" with the state bureaucracy and represents a significant triumph for the Queensland-based developer over much larger global competitors.
Faced with skyrocketing SAP upgrade and management costs, the Corporate Administration Agency (CAA), an agency under the state's Arts Minister, will instead roll out the locally developed Finance One from Technology One.
All eight agencies under the CAA's control - including the State Library of Queensland, the Queensland Art Gallery, the Queensland Museum, the Criminal Justice Commission and the Queensland Board of Secondary School Studies - have begun migration across to Finance One.
The project is scheduled to go live in early November, a company statement said, with savings of up to $2.5 million projected over five years from reduced SAP-related staffing and consulting expenses.
Technology One beat off 10 other suppliers in an extensive assessment procedure to win the tender.