Tracsis Explained

Tracsis plc
Type:Public
Industry:IT Services
Founded:, in Leeds, England
Hq Location City:Leeds
Hq Location Country:UK
Key People:Chris Barnes (CEO)
John McArthur
(Founder, former CEO)
Andrew Kelly (CFO)[1] Christopher Cole (Chairman)
Num Employees:777[2]
Num Employees Year:2020

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.

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.

In 2005, John McArthur became CEO of the company.

The company has been on the AIM market since November 2007.[3]

In 2014, Tracsis won the Growth Business of the Year Award from the UK Tech Awards.[4]

In 2016, McArthur sold a tenth of his holding in the company.[5]

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 LimitedConsultancy services to the rail sector focusing on operational and strategic planning[7] 2008
Peeping LimitedDemand and queueing software and research based services to train operating companies including station footfall assessment and rail related surveys[8] 2009
Safety Information Systems LimitedData analysis, process control and management reporting software[9] 2009
MPEC Technology LimitedRemote Event and Condition Monitoring hardware and software[10] 2011
Sky High PlcVehicle traffic and event monitoring[11] 2013
Datasys Integration LimitedSoftware for capturing, reporting and analysing the root causes of delays and other performance critical information[12] 2014
SEP Limited and SEP Events LimitedTraffic planning and management services for the events industry[13] 2015
Ontrac Limited and Ontrac Technology LimitedRail safety software[14] 2015
Travel Compensation Services Ltd, Delay Repay Sniper Ltd and S Dalby Consulting LtdDelay repay solutions[15] 2018
Compass Informatics Limited (Ireland) and Compass Informatics UK LimitedIrish data analytics[16] 2019
Cash & Traffic Management LimitedEvent traffic planning and admission control[17] 2019
Bellvedi LimitedTimetable planning and optimisation software2019
iBlocks LimitedSmart ticketing solutions and delay repay[18] 2020
Icon Group LimitedGeoscience and spatial data analysis[19] 2021
Flash Forward ConsultingStrategic, commercial, operations and stakeholder management[20] 2021
RailCommUS-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]

Notes and References

  1. Web site: New chief financial officer to join Tracsis. Stephen Farrell. 2020-09-20. Insider Media.
  2. Web site: TRCS Company Profile. FT Markets Data . 2020-11-13.
  3. Web site: Tracsis first day dealings on AIM after successful placing and admission. IP Group news. 2009-11-27.
  4. Web site: UK Tech Awards 2014. 2014. 2020-11-13.
  5. News: Tracsis boss cuts stake. Investors Chronicle. Theron. Mohamed. 2016-01-22.
  6. Web site: Jonathan . Symcox . Leeds software boss to stand down . BusinessCloud . 2019-01-17.
  7. Web site: Tracsis - Proposed acquisition of RWA Rail Ltd . 2023-01-27 . www.ipgroupplc.com . en.
  8. News: 2009-08-22 . Expanding expertise . Railway Gazette .
  9. Web site: Tracsis plc - Acquisition of Safety Information Systems Ltd . 2023-01-27 . www.ipgroupplc.com . en.
  10. Web site: Who we are MPEC . 2023-01-27 . mpec.co.uk . en.
  11. News: 2015-11-16 . Sky High rebrands to Tracsis . Highways Magazine .
  12. Web site: Completion of Acquisition Regulatory news Tracsis . 2023-01-27 . tracsis.com . en.
  13. Web site: Completion of Acquisition Regulatory news Tracsis . 2023-01-27 . tracsis.com . en.
  14. Web site: OnTrac Innovative, award winning rail safety software . 2023-01-27 . OnTrac Rail Safety Software . en-GB.
  15. Web site: Acquisition of Travel Compensation Services Ltd, Delay Repay Sniper Ltd and S Dalby Consulting Ltd News Tracsis . 2023-01-27 . tracsis.com . en.
  16. Web site: Completion of Acquisition Regulatory news Tracsis . 2023-01-27 . tracsis.com . en.
  17. Web site: Completion of Acquisition Regulatory news Tracsis . 2023-01-27 . tracsis.com . en.
  18. Web site: Completion of Acquisition Regulatory news Tracsis . 2023-01-27 . tracsis.com . en.
  19. Web site: Completion of Acquisition Regulatory news Tracsis . 2023-01-27 . tracsis.com . en.
  20. Web site: Flash Forward Consulting . 2023-01-27 . www.flashforwardconsulting.co.uk.
  21. News: Vantuono . William C. . 2022-03-18 . Tracsis plc Acquires RailComm . Railway Age .
  22. Book: Rail consultancy Tracsis steams ahead. The Yorkshire Post. 2012-06-26.
  23. Book: Ceder, Avishai. Public Transit Planning and Operation: Modeling, Practice and Behavior. 2nd . 978-1466563926. 6. 2016. CRC Press.
  24. News: Steven. Frazer. 2013-07-25 . Tracsis makes progress at high speed. Shares Magazine.