Fund managers including Monash Investors, Yarra Capital Management, Elston Asset Management, LHC Capital, Ten Cap, Wilson Asset Management, Montgomery Investment Management, Lakehouse Capital, Selector Funds Management, Alliance Bernstein, Glennon Small Companies, Alphinity Investment Management, Vinva Investment Management, Pendal Group, Hyperion Asset Management, Spheria Asset Management, Forager Funds, ECP Asset Management, Flagship Investments, Equity Trustees Asset Management, Katana Asset Management, QVG Capital, Oracle Advisory Group, Maple-Brown Abbott, Pengana Capital Group, Market Partners, HD Capital Partners, Paradice Investment Management, DS Capital, Australian Eagle Asset Management, Argo Investments, Endeavor Asset Management and Investors Mutual Limited have invested in TechnologyOne Ltd (ASX:TNE).

Pendal and Wilson highlight consistent 16% to 18% recurring revenue growth driving around 20% EPS growth, strong management and positioning as an AI beneficiary, while Endeavor added new positions.

Argo notes TechnologyOne was caught in industry-wide revaluations as investors weighed the impact of AI advances on software businesses.

Technology One Ltd. develops, markets, sells, and supports integrated enterprise business software solutions. Founded in 1987 by Adrian Di Marco and headquartered in Brisbane, Australia, the company operates through two primary segments: Software and Consulting. The Software segment encompasses research and development, sales, marketing, and SaaS platform delivery. The Consulting segment provides expert implementation and support services for its software. As a leading enterprise software provider, Technology One creates fully integrated solutions designed to streamline complex business operations.