United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the European mainland, continental mainland. It comprises England, Scotlan ...
-based company that provides software technologies to for the rail, traffic data and wider transport industries. The company is headquartered in
Leeds
Leeds () is a City status in the United Kingdom, city and the administrative centre of the City of Leeds district in West Yorkshire, England. It is built around the River Aire and is in the eastern foothills of the Pennines. It is also the thi ...
and is listed on the
London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pa ...
.
History
The company was created as a spin-out of the Computing Department of the
University of Leeds
, mottoeng = And knowledge will be increased
, established = 1831 – Leeds School of Medicine1874 – Yorkshire College of Science1884 - Yorkshire College1887 – affiliated to the federal Victoria University1904 – 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
Loughborough University (abbreviated as ''Lough'' or ''Lboro'' for post-nominals) is a public research university in the market town of Loughborough, Leicestershire, England. It has been a university since 1966, but it dates back to 1909, whe ...
.
In 2005, John McArthur became CEO of the company.
The company has been on the AIM market since November 2007.
In 2014, Tracsis won the ''Growth Business of the Year Award'' from the UK Tech Awards.
In 2016, McArthur sold a tenth of his holding in the company.
In 2019, McArthur was succeeded by Chris Barnes, who was previously head of automotive consulting at Ricardo plc.
Acquisitions
Operations
Originally focused on software to help railway operators manage their operations, such as vehicle and crew scheduling, resource management, and monitoring, it has expanded to cover ticketing, data analytics, and event management for the wider transport industry.
Clients include
Network Rail
Network Rail Limited is the owner (via its subsidiary Network Rail Infrastructure Limited, which was known as Railtrack plc before 2002) and infrastructure manager of most of the railway network in Great Britain. Network Rail is an "arm's leng ...
and bus and train operating companies such as
Go-Ahead Group
The Go-Ahead Group plc is a passenger transport company based in Newcastle upon Tyne, England, with operations in the United Kingdom, Ireland, Singapore, Norway and Germany. Formerly listed on the London Stock Exchange, in 2022 it was purchased ...
and
FirstGroup
FirstGroup plc is a British multi-national transport group, based in Aberdeen, Scotland.