The Technology One Limited (ASX: TNE) share price has risen 0.2% today to $5.24, in line with the gains recorded by the S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) so far on Tuesday.
Technology One is an enterprise software company, servicing government departments as well as education and healthcare businesses, among others. The company boasts a market capitalisation of almost $1.65 billion, making it one of Australia's largest software businesses.
Over the past 12 months, the company's share price has traded in a range of $4.89 and $6.175. At today's share price, Technology One shares are trading 15.1% below their 52-week high.
This morning, the company announced that it had broken its own 30-year record by delivering more than 50 customer project 'go-lives' in the last eight weeks. This demonstrates the company's ability to rapidly on-board customers during peak end-of-year periods.
Technology One operates within a financial year that ends 30 September. It reported its half-year results in June, and won't report its full-year results until 21 November 2017.
