Business
Yotta launches asset management platform, Alloy
Yotta launches asset management platform, Alloy.
About this update from Oxford Metrics Plc
[{"type":"text","content":"\n \nRNS Number : 1640W OMG PLC 07 February 2017 \n\nTuesday, 7 February 2017\nOMG plc\n(\"OMG\", \"Oxford Metrics\", or the \"Group\")\nYotta launches asset management platform, Alloy\n- Alloy launched to take advantage of the global need to manage infrastructure assets -\n- Alloy broadens Yotta's product capability and international opportunities -\nOxford Metrics (OMG plc LSE: OMG), the international software company servicing government, life sciences, entertainment and engineering markets, announces Yotta, a provider of cloud-based infrastructure asset management software and services, has launched a new connected asset management platform, Alloy.\n \nThe launch of Alloy is a positive step to deliver on the stated strategy for Yotta, to expand the business internationally and to broaden the capability of Yotta's software in order to solve more problems for customers in more integrated ways.\n \nThe new, easy to use asset management platform is an enterprise-level cloud application which will make it simpler for highways and other asset owners to manage vast volumes of data, enabling users to explore and leverage data in real-time and harness the resulting insight to make smarter, better decisions. \n \nAlloy will initially feature two modules, Highways and Street Lighting. Over time, Alloy will evolve to absorb Yotta's existing Mayrise asset management suite and include both an expanded and enhanced footprint over the existing Mayrise modules. This will include Street Works, Waste Management and Grounds Maintenance, broadening the offering and thus providing a holistic view of all infrastructure assets and data types.\n \nAlloy takes connectivity to another level; through its sophisticated interface it can connect to everything from other software systems, to Internet of Things (IoT) devices such as 3G sensors installed on top of street lights, or traffic count loops embedded in roads. It is this breadth of connectivity that makes Alloy a globally-relevant solution. Estimates indicate there are likely to be over 20 billion connected devices worldwide by 2020. As a result, opportunities for connecting assets to provide real-time data will accelerate, enabling infrastructure owners to gain a constantly updated, real-time view of their assets.\n \nAlloy delivers this real-time view of the network...