Yotta Contract Win

RNS Number : 4014Z

OMG PLC

06 February 2014

 



6 February 2014

OMG plc

("OMG" or the "Group")

Contract Win

- Highways Agency chooses Yotta and Atkins in £600k Asset Management Decision Support Tool deal -

- Contract marks the largest order for Horizons software to date -

OMG plc, (AIM: OMG), the technology group providing image understanding products for the entertainment, defence, life science and engineering industries, announces that its infrastructure asset management technology arm, Yotta has secured a contract with the Highways Agency to supply Yotta's Horizons visualised asset management software and associated implementation services.

The Horizons software is a visual and user-friendly asset management system developed by Yotta, and this agreement marks the largest implementation of Horizons to date worldwide.

The project was procured under the Transport-Related Technical Engineering and Research Advice Framework; this task started on 15th November 2013 and will have a duration period of 15 months. Yotta partnered with leading asset management consultant Atkins to take the bid forward, with Yotta providing the Horizons software (a significant portion of the contract) and Atkins providing project management, quality assurance service and consultancy advice.

Under the terms of the £600,000 contract (£440,000 of which relates to work by Yotta), Atkins and Yotta will deliver and enable the use of software to inform and improve the development of the Agency's road renewals programme. This tool will allow the Highways Agency to carry out modelling to understand the current and future condition of the network based on its national pavement condition survey data. This model will then be used to predict where and when maintenance is likely to be needed.

Horizons will incorporate data gathered from a package of condition surveys, which include Traffic Speed Condition Survey (TRACS), skid resistance and Deflectograph surveys as well as providing visualised asset coverage of England's trunk roads and motorways, covering approximately 18,650 lane miles (30,000 lane kilometres). The Decision Support Tool will help the Highways Agency to visualise its asset data, run analyses, and develop programmes of pavement renewals work.

Alan Taggart, Atkins' Asset Management Service Director said:

"It is vital that highway authorities can make the most of their existing assets, to provide efficient and effective services to road users. This partnership demonstrates how collaboration between technology providers and asset management consultants can ensure the Highways Agency can deliver on their business objectives by using effective asset management solutions."

On securing the contract, Nick Bolton, CEO of OMG, said:

"This is a tremendous achievement for Yotta and to date our largest order for Horizons software. The bid process was extremely challenging as we were up against well-established highway infrastructure management software providers; however, we were able, along with our partners Atkins, to demonstrate the benefits of Horizons for ease of use, user adoption, deterioration modelling and also its improved ability to guide decisions. We have worked hard to build a trusted and credible relationship with the Highways Agency team and we look forward to continuing to develop our relationship helping them make the most of Horizons capabilities."

For further information please contact:

OMG plc	[phone]
Nick Bolton, CEO
David Deacon, CFO
FTI Consulting	[phone]
Matt Dixon / Emma Appleton / Charles Palmer / Jessica Liebmann
N+1 Singer (NOMAD to OMG)	[phone]
Shaun Dobson / Jenny Wyllie

Notes to Editors

About OMG plc

OMG plc (Oxford Metrics Group. LSE: OMG) is a group of technology companies producing image understanding products and services for the entertainment, defence, life science and engineering industries.

The Group's technology is used to capture the movements of actors (for the movie industry), sportsmen (for video games or improving team performance), children with cerebral palsy, rehab patients and animals (for medical, life science and research industries).  The technology is also used for the management of infrastructure assets or even for providing image intelligence and situational awareness from drone aircraft. Through this diverse offering the Group has earned its strong international reputation for precision from pixels.

Founded in 1984, the Group is headquartered in Oxford, UK, and has four offices in the US and two in the UK. It has customers in over 50 countries and is a quoted company listed on AIM, a market operated by the London Stock Exchange. The Group trades through four operating subsidiaries:  Vicon, the world's largest motion capture and movement analysis company, 2d3, a manufacturer of specialised image understanding software for defence applications, Yotta, a provider of software and services for infrastructure asset management and OMG Life, a new consumer subsidiary.

The Group's global clients spanning the worlds of science, medicine, sport, engineering, gaming, film and broadcast include: major hospitals and research facilities such as Guy's Hospital, Nuffield Orthopaedic Centre and Loughborough University, engineering industry leaders including: Ford Motor Company, BMW, Airbus and Toyota, and in the entertainment sector; Sony, Industrial Light and Magic, Sega, Nintendo, UbiSoft, EA and Square Enix. In infrastructure asset management, clients include Highways Agency, East Sussex, Kent, Lancashire, Transport for London, UK Power Network, Cheshire East and West as well as many others.

For more information about OMG, visit www.omgplc.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, lie at the heart of Yotta's ethos - helping organisations use asset data to inform better operational and strategic decisions.

While Yotta was set up in 2006, the combined experience in the management of infrastructure assets stretches back more than 30 years; helping customers in highways, street lighting, street works, waste and utilities.

Yotta is part of OMG plc; a successful global technology company listed on the London Stock Exchange.

For more information about Yotta, visit www.yotta.co.uk

About Atkins

Atkins (www.atkinsglobal.com) is one of the world's leading design, engineering and project management consultancies*, employing some 18,000 people across the UK, North America, Middle East, Asia Pacific and Europe. Over 75 years, from post-war regeneration and the advent of nuclear engineering to high speed rail and the integrated sustainable cities of the future, our people's breadth and depth of expertise and drive to ask why has allowed us to plan, design and enable some of the world's most complex projects.

*14th largest global design firm (Engineering News-Record 2013) and the third largest multidisciplinary consultancy in Europe (Svensk Teknik och Design 2012).

Recent projects:

Atkins is working across urban regeneration, masterplanning, national energy programmes, major transport schemes, water and environment projects - applying smart design solutions on projects including:

·     Doha Central Planning Office - helping to resource Qatar's Central Planning Office (CPO) to co-ordinate the efficient delivery of multi-modal transport services across land, air and sea as part of its 2030 National Vision;

·     The London 2012 Games infrastructure transformation - technical advisor on the legacy use transition of the Olympic Park as a follow-on role to our work as the Games' official engineering and design provider;

·      UAE's peaceful nuclear new build programme - providing technical assurance to lenders backing the United Arab Emirates' most ambitious energy infrastructure projects;

·      North Sea and Gulf of Mexico oil and gas platforms - extending the operational life of critical oil and gas platforms to allow cost-efficient and safe recovery of fuel sources from mature fields;

·     SSE offshore wind alliance - provision of expert engineering and design support for the UK's biggest offshore wind alliance with Scottish and Southern Energy;

·     Crossrail- designing the Central London twin tunnels and station architecture for Europe's biggest civil engineering scheme which will see tunnels passing beneath 470 listed buildings and critical infrastructure;

·      Etihad Railway - providing multidisciplinary design expertise on the 1,200 km Etihad Rail network which will revolutionise passenger and freight transport in the UAE;

·     Denmark ERTMS - providing multidisiplinary signalling expertise on the first countrywide installation of an ERTMS train control and management system in Denmark;

·      Hong Kong-Zhuhai-Macao Bridge - lead consultant on this integral part of the new Hong Kong link road scheme which will significantly boost land connectivity in the region;

·      Lowestoft Sixth Form College - design of the ultralow energy consumption Lowestoft College in the UK which aims to reduce operational energy use by more than 60% compared to previous designs;

·     UK National Composites Centre - providing technical expertise to bring the latest lightweight carbon fibre materials to all engineering sectors, helping to develop innovative applications and reduce costs and carbon;

·      US Environmental Protection Agency - providing technical assessment and analysis of national water-related resources and ecological systems in North America.

·      Highlands and Islands Enterprise (HIE) superfast broadband - providing technical, commercial and procurement support to help deliver superfast broadband to one of Europe's most remote regions.

 

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