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Yotta contract wins

Sep 9, 2020

Momentum continues at Yotta with eight new contract wins secured since April

Oxford Metrics plc (LSE: OMG), the international software company servicing government, life sciences, entertainment and engineering markets, is pleased to announce that its connected asset management software and services division, Yotta, has continued to adapt and is operating well throughout COVID-19, successfully securing eight new contract wins since April 2020.

COVID-19 has accelerated the need for Local Authority assets and services to be managed remotely and Yotta is well placed to meet this growing demand through its established remote working solutions, including its Alloy software and Alloy Mobile app. Members of the public can report a problem, such as a missed waste collection, a broken streetlight or fly-tipping via the phone, website or mobile app. Local Authority personnel can then be assigned the work remotely, execute the task and report on the status of the job - all without going into the office.

The eight contract wins, three of which were to new customers, are across a range of service areas, including highways, street lighting and waste management, covering the South West, Midlands and Yorkshire regions.

Yotta is working hard with both new and established clients to help them seamlessly adjust to new ways of working.

Nick Bolton, CEO, Oxford Metrics

Also, during the lockdown period, eleven customers which had signed contracts earlier in the year, successfully went live with Yotta software which the team delivered and trained remotely.

Yotta has continued to deliver valuable product training to its customers, delivering bitesize sessions with access to training base material and pre-recorded training sessions through its online learning management system, something that it looks to continue offering into the future as customers adapt to the new normal.

Nick Bolton, CEO of Oxford Metrics, said:

“COVID-19 has accelerated the need for assets to be managed remotely and Yotta is working hard with both new and established clients to help them seamlessly adjust to new ways of working. Not only are we delivering innovation to councils and governments across the UK, but together with customers we have been able to find better ways of working. Local Authorities have responded well to doing business in a slightly different way to make these successes possible. I’m delighted with these important customer wins and our learnings over the past few months will undoubtedly help to shape the way we do business together in the long term.”

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