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Adrian Di Marco

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Adrian Di Marco
Adrian Di Marco – Executive chairman TechnologyOne
NationalityAustralian
OccupationExecutive chairman of TechnologyOne
Years active1987–present
Known forFounder of TechnologyOne

Adrian Di Marco is an Australian entrepreneur and businessman. He is the founder and Executive chairman of TechnologyOne, Australia's largest enterprise software company.[1]

Career

Di Marco founded TechnologyOne at the front of a hide processing plant in 1987[2] with a small amount of capital[3] provided by JL Mactaggart Industries,[4] and in December 1999 he led the company into its listing on the ASX making it one of the most successful floats[5] of the DotCom era.

Under Di Marco's leadership TechnologyOne has built a global software platform having expanded into New Zealand, Asia, South Pacific and the United Kingdom. TechnologyOne is now developing one of the largest Software as a service (SaaS) platforms in the Australasian region,[6] delivering large scale enterprise software as a service.[7]

In January 2016 Di Marco announced that he was planning to resign in the next year or two,[8] and in April 2017 he announced that on 23 May, when the company released its half-year results, he would step down as CEO and that the COO, Edward Chung, would take over. Di Marco remained as executive chairman and chief innovation officer.[9][10]

In 2017, Di Marco invested in accounting software start-up Practice Ignition.[8] In 2018, Di Marco made a $3.2 million investment in sports tech firm Fusion Sport.[11] In 2019, Di Marco made a $500,000 investment with Snackwise.[12]

Community involvement

Di Marco is a founding member of Software Queensland.[13]

He is a member of the Australian Institute of Company Directors (MAICD).[14]

Di Marco is also a former director of the Royal Children's Hospital Foundation Board, which he served for eight years, from 2004 to 2012.[15]

Awards

In 2004 Di Marco won the Pearcey Award for innovative and pioneering achievement and contribution to research and development in IT.[16]

Di Marco has been awarded Fellow of the Australian Computer Society in 2010.[17]

Di Marco was inducted into the Pearcey Hall of Fame in 2015.[18]

References

  1. ^ R&D tax credits are ‘wasted’: TechnologyOne founder
  2. ^ TechnologyOne CEO Adrian Di Marco prepares to pass the baton
  3. ^ The dos and don'ts: Adrian Di Marco's lessons to success
  4. ^ TechnologyOne's winning formula
  5. ^ Why TechnologyOne's Adrian Di Marco will not list on the ASX again?
  6. ^ TechnologyOne braces for new competition
  7. ^ Di Marco's seven year renewal cycle
  8. ^ a b Redrup, Yolanda (29 May 2017). "Accounting software start-up Practice Ignition raises $5m from Right Click and Microequities". Australian Financial Review. Retrieved 8 July 2019.
  9. ^ Redrup, Yolanda (7 April 2017). "TechnologyOne CEO Adrian Di Marco steps down after 30 years". Financial Review.
  10. ^ McLean, Asha (7 April 2017). "TechnologyOne CEO and founder hands reins to current COO | ZDNet". ZDNet.
  11. ^ Redrup, Yolanda (5 November 2018). "Tech player Fusion Sport jumps to life with TechOne founder funding". Australian Financial Review. Retrieved 8 July 2019.
  12. ^ Bailey, Michael (18 March 2019). "TechnologyOne founder Adrian Di Marco's 10-year start-up horizon". Australian Financial Review. Retrieved 8 July 2019.
  13. ^ Queensland software companies band up to claim back billions in revenue
  14. ^ Australian Institute of Company Directors (FAICD) – About
  15. ^ The Royal Children’s Hospital Foundation. "The Royal Children's Hospital Foundation Annual Report 2012" (PDF). Retrieved 24 September 2019.
  16. ^ Pearcey Awards 2004
  17. ^ ACS Fellows 2009-2010
  18. ^ 2015 Pearcey Hall of Fame