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Faculty of Engineering

University ‘spin-out’ wins Company of the Year award

Published Thursday 10 January 2013

Speeding trainTracsis plc won Company of the Year 2012 in the mid-sized category at the Growing Business Awards. Growing Business describes this award as recognising high-growth, high-quality, world-class independent UK companies.

Tracsis provides the transportation industry with tools to control and optimise critical aspects of resource optimisation and delivery with the ultimate goal of increasing efficiency, reducing cost and improving performance. The business has contracts with every major train operating company in the UK and is expanding internationally to Sweden, Australia and New Zealand.

The judges commented “We were delighted by the success of Tracsis, a one-time Leeds University spin-out, which has come to dominate its particular niche in the rail industry. It's been conservative in its finances but consistent in its commitment to R&D, and not afraid to make acquisitions. I would love to have shares in all of the companies in this fabulous category, but if I could only have shares in just one, then it would have to be Tracsis. It has got tremendous IP. And it has a remarkably strong position in its market. It's a model company that many other university spin-outs should admire and learn from."

Chief Executive John McArthur said “I am very proud that Tracsis has achieved this accolade - it is a testament to the hard work that the team has put in, and how the business has developed since inception."

For more information visit the Tracsis website.