Journeo Plc · LSE:JNEO
Journeo — 21st Century Technology — Investor Presentation (June 2014)
20 slides from Journeo's investor presentation, Jun 5, 2014
Slide 1: 21st Century Technology plc Shareholder Presentation
21st Century Technology plc Specialist provider of CCTV and monitoring systems to the fleet and network operators in the Bus & Rail industries Shareholder Presentation 1 5th June 2014
Slide 2: Agenda
Agenda 1. Introduction • The Executive Team • What we saw – “An Attractive Proposition” 2. Strategic Overview • Drivers of Change, Markets and Strategy 3. Summary Shareholder Presentation – June 2014 2
Slide 3: Executive Team
1. Introduction Executive Team Russ Singleton, Chief Executive Russ joined the company in October 2013 as Chief Executive. Russ is a Chartered Engineer with a strong track record including forming and growing electronics businesses for Synectics Plc, formerly Quadnetics Group Plc, where, after movin
Slide 4: An Attractive Proposition
1. Introduction An Attractive Proposition • Identifiable niche markets - Bus and Rail • Operators are transitioning to ‘connected vehicles’ • More on-vehicle & back office systems integration • Currently fragmented technical provider market offers mainly stand-alone solutions. • Large multi-modal op
Slide 5: 5 year Development Plan
1. Introduction 5 year Development Plan Managed Smart Services Integrator • Support all on • Broader Portfolio vehicle Systems • Unifying Software • Outsource • Strategic operators Integrator Acquisitions support staff • Point Solutions • Data Exchange • Manufacturer • Extend to Reliance Connected •
Slide 6: Strategic Overview
2. Strategic Overview Strategic Overview • Drivers of Change • What’s changing to enable us to execute this plan • Markets • Our main markets • Strategy • How we compete Shareholder Presentation – June 2014 6
Slide 7: Drivers of change
2. Strategic Overview Drivers of change • Systems on vehicles • Ever increasing in number, sophistication & data integration requirements • Complexity of fleets • Fleets are large, geographically dispersed & built up over many years (average fleet age: 18 yrs train, 7 yrs bus) • Service provider req
Slide 8: Systems on vehicles
2. Strategic Overview Systems on vehicles Roadside Traveller Traffic lights, Passenger Info Wi-Fi, Infotainment, Apps GPS, Network & communications Vehicle Back office Displays, CCTV, Behaviour, Operational, Voice-comms, Location, Ticketing, Driver UI Data Exchange Shareholder Presentation – June 20
Slide 9: Complexity of Fleets
2. Strategic Overview Complexity of Fleets • Types Fleet Operator • Bus, train, tram • Age profile Passenger • On-board equipment Transport Equip. Manuf. • Service legacy Exec. Fleet • Availability • in service duty-cycles • Ownership & finance Vehicle Fleet • CAPEX, lease, franchise Manuf. Integrat
Slide 10: Service Provider Requirement
2. Strategic Overview Service Provider Requirement Capability • A new position opening Experts in • Increasing complexity in multiple systems terms of number of systems and their critical cost of failure nature • To act as the conduit for world class products onto the vehicles and provide the needed
Slide 11: Markets
2. Strategic Overview Markets • The briefest of introductions to our 3 main markets to provide a flavour of the scale of opportunities • UK Road PSV • UK Rail Vehicles • Continental Europe Shareholder Presentation – June 2014 11
Slide 12: UK Road PSV Market
2. Strategic Overview UK Road PSV Market • 5 operators account • Opportunities for >50% market • Currently we are share mainly active in large • Arriva, First Group, bus operators. Go-Ahead, National • Win a major operator account Express and • Build a market share Stagecoach for the remaining • 46K
Slide 13: UK Rail Vehicle Market
2. Strategic Overview UK Rail Vehicle Market • 19 Passenger Operators • Opportunities • 70% in Arriva, First, Govia (Go- • Operators are Multimodal Ahead & Keolis), Stagecoach & Multinational • 7 Freight Operators • FF CCTV & Back Office •75% in DB Schenker (Arriva), • On-Board Passenger Freightline
Slide 14: Continental Europe
2. Strategic Overview Continental Europe • Swedish Success • Opportunity • Great reference • Major operators going projects with Arriva & for an ‘integrator-led’ Keolis in Stockholm approach to standardise best practice. • Keolis Konfort • But there are significant • A tailored driver market differe
Slide 15: A change in strategic emphasis
2. Strategic Overview A change in strategic emphasis Previous Growth Strategy New Strategy Product led expansion The open integrator role into Europe • Tight bonding with customers • CCTV to Stockholm delivering their integration needs • Eco-Manager Pan-European roll-out • Working with global scale
Slide 16: Strategy - Business Model
2. Strategic Overview Strategy - Business Model • Specialist provider of CCTV and monitoring systems to the fleet and network operators in the Bus & Rail industries • We compete by striving to offer better integrated solutions at reduced costs to our customers. • We carefully select niche markets wh
Slide 17: Key messages
3. Summary Key messages • Add value by creating better solutions with reduced costs. • Apply these skills to carefully selected niche markets where can achieve significant profitable market share. • Based on an open system philosophy using global scale products with a local service offering tailored
Slide 18: Recap
3. Summary Recap • Bus and Rail are niche markets with scale potential • Transitioning Technology • Closed Subsystems to Open and Connected • Need for a specialist integrator • Transition management on legacy, now and future • Integration software to maximise value of data and minimise product vendo
Slide 19: An Attractive Opportunity
3. Summary An Attractive Opportunity Managed Services • Support all on Smart vehicle Systems Integrator • Outsource • Broader Portfolio operators support • Unifying Software staff • Strategic • Data Exchange Integrator Acquisitions • Extend to • Point Solutions Connected Fleets • Manufacturer Relian
Slide 20: Thank you
21st Century Technology plc Specialist providers of CCTV and monitoring systems to the fleet and network operators in the Bus & Rail industries; providing our customers with innovative, open electronic systems to meet the safety, operational and environmental needs of fleets of vehicles. Thank you 2
21st Century Technology — Investor Presentation (June 2014) on 6ix