OXFORD METRICS PLC

Regulatory Filings • Jan 14, 2020

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RNS Number : 6634Z

Oxford Metrics PLC

14 January 2020

14th January 2020

Oxford Metrics plc

("Oxford Metrics", the "Company" or the "Group")

Yotta wins South Gloucestershire Council contract

Yotta's Alloy has won a significant multi-year contract with South Gloucestershire Council

Oxford Metrics plc (AIM: OMG), the international software company servicing government, life sciences, entertainment and engineering markets, is pleased to announce that Yotta, a provider of cloud-based infrastructure asset management software and services, has won a significant multi-year contract with South Gloucestershire Council for its connected asset management solution, Alloy. 

South Gloucestershire Council plans to deliver a wide range of infrastructure management and environmental services, including managing highways, street lighting, open spaces, street cleansing, drainage and waste collection. The decision to opt for Alloy, via a competitive tender process, is in line with the Council's current focus on digital transformation and digitising services in order to be more citizen and customer-centric, bringing benefits to residents, staff and the Council itself. Alloy will also enable the Council to more efficiently collate and share data across the organisation and better understand its residents and their needs.

Jonathan Munslow, Asset and Infrastructure Group Manager at South Gloucestershire Council said: "We look forward to working with Yotta on implementing a system that will make it easier for us to keep track of and schedule the work we do to maintain and improve roads, street lights, parks, streets, drainage and waste collection, improving the services we provide to local residents."

Nick Bolton, CEO of Oxford Metrics, said: "We are delighted to have the opportunity to work with South Gloucestershire Council on this key strategic project. It is crucial for them to be able to deliver a single view of assets and services in order to achieve operational efficiencies across its activities.

It is also key that the Council deliver digital transformation to obtain that single view of the customer to better understand them and ensure they are kept fully updated and informed. Alloy is in a unique position to help it meet both of these core objectives."

For further information please contact:
Oxford Metrics plc		+44 (0) 1865 261860
Nick Bolton, CEO / David Deacon, CFO
FTI Consulting		+44 (0) 20 3727 1000
Matt Dixon / Emma Hall / Jamille Smith
N+1 Singer (NOMAD to Oxford Metrics)		+44 (0) 20 7496 3000
Shaun Dobson / George Tzimas (Corporate Finance)
Tom Salvesen (Corporate Broking)

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 operates through two divisions: Motion Measurement and Asset Management. Our two main operating brands are 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, Singapore and Auckland. 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 leading, global connected asset management software and services provider. It empowers organisations to make better, more informed decisions by ensuring its customers' systems, assets and people are connected, and the data they produce is structured and captured to provide operational, as well as strategic insight.

Innovation is at the heart of everything Yotta does and data drives the company forward. 

Yotta understands its customers' needs and provides them with revolutionary connected asset management solutions, utilising its industry-leading software and consultancy services.

The company's cloud-based asset management platform, Alloy, equips clients with data visualisation, powerful workflow management tools, enterprise-strength and user-specific capabilities. Connected assets lay the foundation for the future of smart cities and Yotta's software and services represent a 'new era' of connected asset management.

For more information, please visit the company's website at www.weareyotta.com

About South Gloucestershire Council.

South Gloucestershire Council is the local authority of South Gloucestershire, a unitary authority in the South West of England region. As a unitary authority it has the powers of a non-metropolitan county and district council combined. It is administratively separate from the rest of Gloucestershire. For more information, please visit www.southglos.co.uk

ENDS

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