Adrian Di Marco

Adrian Di Marco (born 1958) is an Australian entrepreneur and businessman. He is the founder and Executive Chairman of TechnologyOne, Australia's largest enterprise software company.[1]

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

Career

Di Marco founded TechnologyOne from inside a demountable office in the car park at JL Mactaggart Industries’ hide processing plant in Hemmant, Brisbane in 1987[2] with a small amount of capital.[3] provided by JL Mactaggart Industries.[4]

In 1998, when Oracle launched a competitor product and revoked TechnologyOne’s licenses, Di Marco made the company’s products database independent building its own sales, marketing, and implementation divisions.[5][3][6]

In December 1999, Di Marco led the company into its listing on the ASX making it one of the most successful floats of the DotCom era.[7] Under his leadership, TechnologyOne has built a global software platform having expanded into New Zealand, Asia, South Pacific and the United Kingdom. TechnologyOne is now one of the largest Software as a service (SaaS) platforms in the Australasian region,[8] delivering large scale enterprise software as a service.[9] It has since developed enterprise resource planning (ERP) software for sectors including local government, universities, and hospitals.[8]

In May 2017, Di Marco stepped down as CEO and Edward Chung took over. Di Marco remained as Executive Chairman and Chief Innovation Officer.[10][5][11] As of 2019, Di Marco’s 8.6 per cent stake in the company was worth more than $240m, and with his other investments in property, his net worth is reportedly more than $300m.[12][13]

In 2017, Di Marco invested in accounting software start-up Practice Ignition.[10] In 2018, Di Marco made a $3.2 million investment in sports tech firm Fusion Sport.[14] In 2019, Di Marco made a $500,000 investment with Snackwise.[15]

Community involvement

Di Marco is a founding member of Software Queensland.[16] He is also a member of the Australian Institute of Company Directors (MAICD) and was Deputy Chair of the Australian Information Industry Association (AIIA) from 2002 to 2004.[17] He was the Director of the Royal Children's Hospital Foundation Board from 2004 to 2012[18] and established the TechnologyOne Foundation in 2016.[19][20]

Awards

In 2004 Di Marco won the Pearcey Award for innovative and pioneering achievement and contribution to research and development in IT.[21]

Di Marco has been awarded Fellow of the Australian Computer Society in 2010.[22]

Di Marco was inducted into the Pearcey Hall of Fame in 2015.[23]

References
  1. "R&D tax credits are 'wasted': TechnologyOne founder". BRW. 5 October 2015. Archived from the original on 6 October 2015. Retrieved 29 June 2021.
  2. "TechnologyOne CEO Adrian Di Marco prepares to pass the baton". The Sydney Morning Herald.
  3. Chanthadavong, Aimee (30 March 2015). "The dos and don'ts: Adrian Di Marco's lessons to success". ZDNet.
  4. Adhikari, Supratim (22 May 2012). "TechnologyOne's winning formula". The Australian.
  5. Redrup, Yolanda (28 March 2017). "TechnologyOne CEO Adrian Di Marco steps down after 30 years". Australian Financial Review.
  6. Connors, Emma (10 November 2006). "Reboot". Australian Financial Review.
  7. Whyte, Jemima (2 March 2016). "Why Technology One's Adrian Di Marco will not list on the ASX again?". Australian Financial Review.
  8. "TechnologyOne braces for competition". The Australian.
  9. "DiMarco's seven year renewal cycle". InnovationAus.
  10. 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.
  11. McLean, Asha (7 April 2017). "TechnologyOne CEO and founder hands reins to current COO". ZDNet.
  12. Damon, Kitney (15 December 2019). "Tech boards must find right 'risk and creativity' balance". The Australian.
  13. Kitney, Damon (27 April 2019). "Learning the 'Frosby Flop' taught boss to aim higher". The Australian.
  14. Redrup, Yolanda (5 November 2018). "Tech player Fusion Sport jumps to life with TechOne founder funding". Australian Financial Review. Retrieved 8 July 2019.
  15. Bailey, Michael (18 March 2019). "TechnologyOne founder Adrian Di Marco's 10-year start-up horizon". Australian Financial Review. Retrieved 8 July 2019.
  16. Queensland software companies band up to claim back billions in revenue
  17. "About us". aicd.companydirectors.com.au.
  18. The Royal Children’s Hospital Foundation. "The Royal Children's Hospital Foundation Annual Report 2012" (PDF). Retrieved 24 September 2019.
  19. Dinham, Peter. "TechnologyOne partners with Opportunity International to help children out of poverty". itwire.com.
  20. Moore, Ben. "TechnologyOne donates $620K, delivering on Pledge 1%". itbrief.com.au.
  21. Pearcey Awards 2004
  22. ACS Fellows 2009-2010
  23. 2015 Pearcey Hall of Fame
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