"We are going to make enterprise software incredibly simple," Mr Di Marco said today at the company's ‘Evolve' user conference, in front of an audience of more than 1,000 delegates.
"Today our customers can access our enterprise suite on the Cloud and enjoy reduced operating costs and enormous scalability delivered for one flat annual fee," Mr Di Marco said.
"We are offering an unrivalled breadth and depth of industry capability compared to any other vendor, which will transform our customers' businesses, and make their lives simple because they only have to deal with us for their software, services and infrastructure.
"TechnologyOne Cloud will be available anywhere, on any device - all our customers need is internet access.
"The savings are too compelling to pass up, especially in the wake of the GFC, so there is no turning back," Mr Di Marco said.
"For us, this announcement closes the loop on TechnologyOne's ‘Power of One' business model - we have always developed, sold and maintained all our software, now we are accountable for infrastructure too," Mr Di Marco said.