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United Kingdom : OMG's arm wins contract extension with Amey.

The technology group that provides Computer Vision products and services for the entertainment, life science, engineering sectors and consumer electronics markets, OMG plc, has announced its infrastructure asset management subsidiary, Yotta, has secured a 5-year extension of its current contract with Amey Plc, one of the UK's major public and regulated services providers, into global markets.

Under the new contract, worth over 1.125 million, Amey can roll out licences for Yotta's visualised asset management solution, Horizons, to subscribers in Australia, New Zealand and Spain.

This is in addition to those based in Britain where Amey has already adopted Horizons across a total of 10 projects.

The deal also allows the service and maintenance provider to use Horizons with a further six end customers.

Associate Director at Amey Plc, Dave Brown, said, "Horizons helps us win long-term maintenance contracts against our competitors by enabling us to make a compelling asset management case from the outset. It also allows us to combine asset data with our own market expertise to test out different options and make informed and complex decisions quickly, which in turn drives savings in asset lifecycle planning. This expansion of our contract with Yotta provides us with continuity in terms of our overall approach to asset management, and crucially enables us to extend the many benefits we are getting into a greater range of territories."

Nick Bolton, CEO of Oxford Metrics, added, "This contract extension fulfils two important strategic objectives for Yotta - the opportunity to grow the business further internationally and to strengthen important partnerships. Amey is a world-class service provider, looking to stay agile and innovate so they can deliver the best possible service for their customers. We are delighted that Horizons is helping Amey to provide a differentiated offering and we will continue to work closely together to help optimise Horizons to meet their specific customers' needs."

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Publication:Mena Report
Date:Sep 9, 2016
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