TechOne commits $80 million to enterprise cloud

February 20, 2014 Off By David

Grazed from ZDNet.  Author: Editorial Staff.

TechnologyOne has announced that it has invested over AU$80 million to date in creating its cloud offering, which the company hopes will allow its customers to amplify their computing model, reduce costs, and improve productivity.

Speaking at the company’s Evolve user conference at the Gold Coast this week, executive chairman Adrian Di Marco said TechologyOne is committed to continue the drive of enterprise software as a service (SaaS) with the announcement of its TechnologyOne Cloud, which has already been implemented by Noosa Council…

"Cloud computing is a widely used and misunderstood term," said Di Marco. "It is a confusing concept, because it is used to categorise everything from simple hosting solutions and outsourced infrastructure solutions, to complete software-as-a-service solutions…

Read more from the source @ http://www.zdnet.com/techone-commits-au80-million-to-enterprise-cloud-7000026529/

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