Investment opportunity
Leeds University spin out Tracsis Ltd is to float on the Alternative Investment Market in London, raising £2 million.
The company has developed resource optimisation software that assists with automating and optimising the process of labour scheduling for passenger bus and rail services in the transport industry.
The Tracsis software has the ability to reduce the manpower required to service a given transport network, improve the planning accuracy, and reduce the overall timescales involved in these activities, by automating a highly labour intensive process.
Tracsis has contracts in place with major operators within the bus and rail industries. In addition to the core software, the company provides maintenance, training, and consultancy services to its customers.