Tracsis is a United Kingdom-based company that provides software technologies to for the rail, traffic data and wider transport industries. The company is headquartered in Leeds and is listed on the London Stock Exchange.
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History
The company was created as a spin-out of the Computing Department of the University of Leeds, and rapidly grew through expansion. The company's first acquisition, Robert Watson Associates, was larger than Tracsis at the time and was spun-out of Loughborough University.[citation needed]
In 2005, John McArthur became CEO of the company.[3]
The company has been on the AIM market since November 2007.[4]
In 2014, Tracsis won the Growth Business of the Year Award from the UK Tech Awards.[5]
In 2016, McArthur sold a tenth of his holding in the company.[3]
In 2019, McArthur was succeeded by Chris Barnes, who was previously head of automotive consulting at Ricardo plc.[6]
Acquisitions
| Company acquired | Business purpose | Year acquired |
|---|---|---|
| RWA Rail Limited | Consultancy services to the rail sector focusing on operational and strategic planning[7] | 2008 |
| Peeping Limited | Demand and queueing software and research based services to train operating companies including station footfall assessment and rail related surveys[8] | 2009 |
| Safety Information Systems Limited | Data analysis, process control and management reporting software[9] | 2009 |
| MPEC Technology Limited | Remote Event and Condition Monitoring hardware and software[10] | 2011 |
| Sky High Plc | Vehicle traffic and event monitoring[11] | 2013 |
| Datasys Integration Limited | Software for capturing, reporting and analysing the root causes of delays and other performance critical information[12] | 2014 |
| SEP Limited and SEP Events Limited | Traffic planning and management services for the events industry[13] | 2015 |
| Ontrac Limited and Ontrac Technology Limited | Rail safety software[14] | 2015 |
| Travel Compensation Services Ltd, Delay Repay Sniper Ltd and S Dalby Consulting Ltd | Delay repay solutions[15] | 2018 |
| Compass Informatics Limited (Ireland) and Compass Informatics UK Limited | Irish data analytics[16] | 2019 |
| Cash & Traffic Management Limited | Event traffic planning and admission control[17] | 2019 |
| Bellvedi Limited | Timetable planning and optimisation software | 2019 |
| iBlocks Limited | Smart ticketing solutions and delay repay[18] | 2020 |
| Icon Group Limited | Geoscience and spatial data analysis[19] | 2021 |
| Flash Forward Consulting | Strategic, commercial, operations and stakeholder management[20] | 2021 |
| RailComm | US-based provider of rail automation software[21] | 2022 |
Operations
Originally focused on software to help railway operators manage their operations,[22] such as vehicle and crew scheduling, resource management, and monitoring,[23] it has expanded to cover ticketing, data analytics, and event management for the wider transport industry.
Clients include Network Rail and bus and train operating companies such as Go-Ahead Group and FirstGroup.[24]
References
- ^ Stephen Farrell (20 September 2020). "New chief financial officer to join Tracsis". Insider Media.
- ^ "TRCS Company Profile". FT Markets Data. Retrieved 13 November 2020.
- ^ a b Mohamed, Theron (22 January 2016). "Tracsis boss cuts stake". Investors Chronicle.
- ^ "Tracsis first day dealings on AIM after successful placing and admission". IP Group news. 27 November 2009.
- ^ "UK Tech Awards 2014". 2014. Retrieved 13 November 2020.
- ^ Symcox, Jonathan (17 January 2019). "Leeds software boss to stand down". BusinessCloud.
- ^ "Tracsis - Proposed acquisition of RWA Rail Ltd". www.ipgroupplc.com. Retrieved 27 January 2023.
- ^ "Expanding expertise". Railway Gazette. 22 August 2009.
- ^ "Tracsis plc - Acquisition of Safety Information Systems Ltd". www.ipgroupplc.com. Retrieved 27 January 2023.
- ^ "Who we are | MPEC". mpec.co.uk. Retrieved 27 January 2023.
- ^ "Sky High rebrands to Tracsis". Highways Magazine. 16 November 2015.
- ^ "Completion of Acquisition | Regulatory news | Tracsis". tracsis.com. Retrieved 27 January 2023.
- ^ "Completion of Acquisition | Regulatory news | Tracsis". tracsis.com. Retrieved 27 January 2023.
- ^ "OnTrac | Innovative, award winning rail safety software". OnTrac | Rail Safety Software. Retrieved 27 January 2023.
- ^ "Acquisition of Travel Compensation Services Ltd, Delay Repay Sniper Ltd and S Dalby Consulting Ltd | News | Tracsis". tracsis.com. Retrieved 27 January 2023.
- ^ "Completion of Acquisition | Regulatory news | Tracsis". tracsis.com. Retrieved 27 January 2023.
- ^ "Completion of Acquisition | Regulatory news | Tracsis". tracsis.com. Retrieved 27 January 2023.
- ^ "Completion of Acquisition | Regulatory news | Tracsis". tracsis.com. Retrieved 27 January 2023.
- ^ "Completion of Acquisition | Regulatory news | Tracsis". tracsis.com. Retrieved 27 January 2023.
- ^ "Flash Forward Consulting". www.flashforwardconsulting.co.uk. Retrieved 27 January 2023.
- ^ Vantuono, William C. (18 March 2022). "Tracsis plc Acquires RailComm". Railway Age.
- ^ Rail consultancy Tracsis steams ahead. 26 June 2012.
{{cite book}}:|work=ignored (help) - ^ Ceder, Avishai (2016). Public Transit Planning and Operation: Modeling, Practice and Behavior (2nd ed.). CRC Press. p. 6. ISBN 978-1466563926.
This page was last edited on 27 October 2023, at 18:06