TIDMOMG
OMG PLC
07 February 2017
Tuesday, 7 February 2017
OMG plc
("OMG", "Oxford Metrics", or the "Group")
Yotta launches asset management platform, Alloy
- Alloy launched to take advantage of the global need to manage
infrastructure assets -
- Alloy broadens Yotta's product capability and international
opportunities -
Oxford Metrics (OMG plc LSE: OMG), the international software
company servicing government, life sciences, entertainment and
engineering markets, announces Yotta, a provider of cloud-based
infrastructure asset management software and services, has launched
a new connected asset management platform, Alloy.
The launch of Alloy is a positive step to deliver on the stated
strategy for Yotta, to expand the business internationally and to
broaden the capability of Yotta's software in order to solve more
problems for customers in more integrated ways.
The new, easy to use asset management platform is an
enterprise-level cloud application which will make it simpler for
highways and other asset owners to manage vast volumes of data,
enabling users to explore and leverage data in real-time and
harness the resulting insight to make smarter, better
decisions.
Alloy will initially feature two modules, Highways and Street
Lighting. Over time, Alloy will evolve to absorb Yotta's existing
Mayrise asset management suite and include both an expanded and
enhanced footprint over the existing Mayrise modules. This will
include Street Works, Waste Management and Grounds Maintenance,
broadening the offering and thus providing a holistic view of all
infrastructure assets and data types.
Alloy takes connectivity to another level; through its
sophisticated interface it can connect to everything from other
software systems, to Internet of Things (IoT) devices such as 3G
sensors installed on top of street lights, or traffic count loops
embedded in roads. It is this breadth of connectivity that makes
Alloy a globally-relevant solution. Estimates indicate there are
likely to be over 20 billion connected devices worldwide by 2020.
As a result, opportunities for connecting assets to provide
real-time data will accelerate, enabling infrastructure owners to
gain a constantly updated, real-time view of their assets.
Alloy delivers this real-time view of the network through
powerful visualisation techniques to better connect, interact and
engage with all stakeholders as well as unifying departments and
partner organisations. The intuitive dashboard allows users to see
open enquiries against assets, understand how much assets are worth
and how much they are spending across their entire asset base. All
this functionality is available not only in the office but wherever
the job takes the user - mobile and desktop, tablet and phone.
Alloy is the future of infrastructure asset management.
The introduction of Alloy enables infrastructure owners to
provide better service levels at a lower cost by managing all of
their assets in a similar manner and ultimately making smarter
decisions. Yotta has already prepared a strong sales push across
its core markets of Australia, New Zealand, Netherlands, Spain and
Germany in addition to the UK, and is also aiming to expand beyond
these territories.
Commenting on the launch Nick Bolton, Chief Executive Officer,
Oxford Metrics said:
"The vision for Alloy was to create an application which enabled
the holistic management of all asset classes. Our clients were
seeing the opportunity that rapid data growth presents but they
were struggling to understand what data is most relevant. Alloy
solves this problem for both international and domestic markets by
delivering enhanced mapping, visualisation and communication to
connect a range of assets and data types, helping organisations to
draw more meaningful insight.
This launch demonstrates Yotta's continued innovation. These new
capabilities were being demanded by new and prospective clients
and, as a result, this new, highly differentiated software platform
has been built for the connected world and appeals to a much
broader market."
For further information please contact:
Oxford Metrics +44 (0) 1865 261800
Nick Bolton, CEO
David Deacon, CFO
FTI Consulting +44 (0) 20 3727 1000
Matt Dixon / Emma Appleton
/ Harry Staight
N+1 Singer (NOMAD to OMG) +44 (0) 20 7496 3000
Shaun Dobson / James White
About Oxford Metrics
Oxford Metrics develops and markets analytics software for
motion measurement and infrastructure asset management to clients
in over 70 countries worldwide. Our list of clients across the
globe is as diverse as the markets we operate in; we help highways
authorities manage and maintain their road networks, hospitals and
clinicians decide therapeutic strategies and Hollywood studios
create stunning visual effects. And the diversity of applications
is growing all the time.
The Group trades through two subsidiaries: Vicon and Yotta.
Vicon is the world's leader in high precision motion measurement
analysis to thousands of customers worldwide, including Guy's
Hospital, EA Sports, MIT and NASA and our software is used in an
ever expanding range of applications. Yotta provides cloud-based
infrastructure asset management software to central and local
government agencies and other infrastructure owners. Yotta has a
large number of high profile clients including Highways England and
Amey in the UK and VicRoads in Australia amongst others.
Founded in 1984 our Group is headquartered in Oxford with
offices in Leamington Spa, Gloucester, California, Colorado and
Singapore. Since 2001, Oxford Metrics (LSE: OMG), has been a quoted
company listed on AIM, a market operated by the London Stock
Exchange.
For more information about Oxford Metrics, visit
www.oxfordmetrics.com
About Yotta
Yotta is a provider of software and services that help customers
transform how they manage their infrastructure assets. Innovation
is at the heart of the Yotta approach; whether in the development
of more efficient or more accurate surveying techniques or in the
development of software that helps make the intangible tangible.
The Yotta Horizons and Yotta Mayrise platforms, used by the
majority of Local Authorities, national agencies and
forward-thinking utility companies across the UK, lie at the heart
of Yotta's ethos - helping organisations use asset data to inform
better operational and strategic decisions. To find out more,
please visit: www.yotta.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
END
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