Tracsis set to surpass expectations

Have your say

TRANSPORT software group Tracsis said it is likely to exceed current market expectations, based on unaudited 2012 accounts.

The Leeds-based group said a further trading update will be provided as soon as more complete information is available.

Last month, Tracsis won another contract with a major train operator, its second in recent weeks. The deal is with an unnamed global rail operating group.

The company will use Tracsis’s resource optimisation software for an undisclosed sum.

Tracsis said the deal secures software licence revenue for at least two years for its core TRACS labour scheduling suite, and also its new fleet optimisation product TRACS-RS.

Both tools are designed to improve the speed and accuracy of resource planning while cutting cost and improving perform-ance.

Tracsis has grown rapidly since it was spun out of the University of Leeds’ School of Computing in 2004.

The company’s products allow transport operators to computerise staff and crew scheduling.