July 02, 2013 -- Yotta DCL and Mayrise Systems are to combine to strengthen their asset management systems and services business in the UK and overseas. This development follows the announcement, which is subject to shareholder agreement, that Mayrise Systems is to be acquired by Yotta DCL, which is the highways technology arm of Oxford Metrics Group (OMG).
Mayrise provides software and IT services for managing local authority street-based services. The MAYRISE suite of desktop and mobile software includes applications for highways maintenance, street lighting, street works, waste management and grounds maintenance. Yotta DCL supplies complimentary software for highways condition management (March UKPMS) and visualised asset management (Horizons), as well as extensive highways surveying and consultancy services.
The two businesses will, for a time, operate separately and will continue to offer all current systems and services. By increasing the company’s expertise and resources, the full suite of Mayrise management software and Yotta DCL’s UKPMS and Horizons software will benefit from additional development and support. Yotta DCL’s surveying business and expanding consultancy arm will continue as before.
“Yotta DCL has for many years provided the UK's Highways Authorities with surveying services and UKPMS software. We have continued to invest in new technology, such as our TEMPEST vehicles or our Visualised Asset Management software Horizons while also building a consultancy practice that delivers real expertise and support to our customers,” says Nick Smee, CEO of Yotta DCL.
“The decision to broaden our expertise and product set through the acquisition of Mayrise was an easy one. We have worked alongside Mayrise with our mutual customers for many years and we have come to know them and their capabilities very well. They have over 115 customers in the UK using their software to help manage highways-related services. Their commitment to providing a high quality, transparent service to their customers is a great cultural match to our own,” continues Smee.
Mark Clarke, MD of Mayrise Systems comments; “Yotta DCL has long been our business partner with respect to UKPMS software and more recently we have been helping our customers by integrating the MAYRISE software with Horizons. With such complimentary businesses, combining expertise and resources makes perfect sense and there are some very exciting developments on the horizon. After partnering with many of our customers for over 20 years it was vital to me that we chose the right company and people to carry those partnerships on, and in Yotta DCL I know we have chosen well.”