Everyone loves to hate this sort of enterprise software, no matter what the vendor is. However the grass is greener with the other company isn't a large effect as the costs of changing vendor are massive, and that provides a sort of moat for the company. For me numbers speak louder than anecdotes, and a 99% retention rate means I'm not worried about retaining clients.
Regarding rewrites of code, one of the things that attracted me to TNE was that they rewrite all their code every 7 years. I'd expect that to speed up as time goes on - as cloud is speeding up lots of IT processes.
Everyone loves to hate this sort of enterprise software, no...
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Last
$16.12 |
Change
0.070(0.44%) |
Mkt cap ! $5.249B | |||
| Open | High | Low | Value | Volume |
| $16.15 | $16.20 | $16.05 | $7.122M | 442.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 798 | $16.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $16.12 | 1391 | 1 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$16.08 |
Change
0.070 ( 0.29 %) |
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| Open | High | Low | Volume | ||
| $16.11 | $16.19 | $16.05 | 140555 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| TNE (ASX) Chart |