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Tracsis
British transport technology company From Wikipedia, the free encyclopedia
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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
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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
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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, with notable systems such as PCDS, which helped the UK rail industry recover from COVID-19 by providing train operators with robust means to quickly and accurately assess the numbers of passengers using services across the rail network.[24]
Clients include Network Rail and bus and train operating companies such as Go-Ahead Group and FirstGroup.[25]
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References
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