ReadyTech has been named an Australian Growth Company Awards finalist, confirming its position as one of Australia’s market-leading technology companies.
The Australian Growth Company Awards celebrate mid-market business excellence across a range of sectors, judging entrants on criteria including financial metrics and growth, innovation, approach to people and staff, contributions to community and customer satisfaction.
CEO Marc Washbourne said being selected as a finalist reflects ReadyTech’s momentum over the last 12 months, as well as its delivery of best-in-class software for education and employment.
“ReadyTech has been on a gratifying growth trajectory for a while, and we think in a tech company it takes a culture of relentless commitment to innovation, agile thinking and business smarts to achieve and sustain success over time,” Washbourne said.
“While growth is a big thing for us, we’re also delighted that elements of our culture like our staff diversity, contributions to the community and high levels of customer satisfaction have been recognised.”
The growth equation
ReadyTech is the home of market-leading student management systems JobReady and VETtrak as well as intelligent HR and payroll systems HR3, Aussiepay and ePayroll. The company has continued to expand its footprint in the education and employment software markets in 2017 and 2018 through organic growth and the addition of strategically acquired capabilities.
Augmenting its student management system for education with cutting edge behavioural science capabilities, for example, has enabled educators to predict which students are most likely to drop out of courses, and respond with measures to support their engagement and success.
“We’ve been focusing on predicting where the education and employment sectors are headed for several years, and this approach, combined with our continual investment in product improvements, has grown market share by attracting new customers,” Washbourne said.
ReadyTech’s alignment with customer outcomes is another key ingredient in its success.
“In the education sector our tech is constantly evolving to help educators better acquire, retain, progress and engage with their students, while for our employer clients we are applying the same approach to help them attract, nurture and retain people in a world where there is a war for talent.”
The future of work
ReadyTech’s mission is to prepare educators and employers for the future of work. With education and work both being disrupted through advances in technology, customers are in a position to benefit from technology partners who are helping them stay ahead of the technology curve.
“We are seeing a step change in student and employee attitudes and expectations when it comes to work, as well as the way they are managed by education providers and employers. Getting out ahead of these changes before they happen can give customers an edge in a competitive market.”
Washbourne congratulated the other finalists at the Australian Growth Company Awards, including those that will compete with ReadyTech for the title of Technology Growth Company of the Year.
“Most of the largest companies in the world are now tech companies. There’s no doubt we need to support technology in Australia to be globally competitive in the future. We believe the recognition provided to the technology community by the Growth Company Awards supports a positive future for the sector.”
The Australian Growth Company Awards will be held on October 17 in Sydney and are co-sponsored by Hamilton Locke, Intralinks, Macquarie Capital, Deloitte, GlobalX, NAB Health and 2020 Exchange.