OMG says Yotta launches new asset-management platform Alloy

7th Feb 2017 14:51

(ShareCast News) - Shares in OMG are down about half a percent after it said Yotta has launched a new connected asset management platform known as Alloy.Yotta is a provider of cloud-based infrastructure asset management software and services.OMG said Alloy's launch was a positive step to deliver on the stated strategy for Yotta.This was 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.Alloy was a new, easy-to-use asset management platform that would make it simpler for highways and other asset owners to manage vast volumes of data.At about 14:26 GMT, shares in AIM-listed OMG were down 0.54% to 46.25p each.