1Spatial Plc Contract Win (2363O)

TIDMSPA

RNS Number : 2363O

1Spatial Plc

08 February 2021

8 February 2021

1Spatial plc

("1Spatial", the "Group" or the "Company")

Northern Gas Networks awards contract to 1Spatial and Esri UK

Leading the UK's first Utility Network Migration

1Spatial, a global leader in Location Master Data Management (LMDM) software and solutions, is pleased to announce that, in collaboration with Esri UK, it has signed a multi-year contract with Gas Distributor, Northern Gas Networks (NGN), to deliver the UK's first enterprise migration to Esri's new ArcGIS Utility Network model.

The total contract value, which will predominantly fall into the Company's financial year ending 31 January 2022 (FY22), is in excess of GBP1m, of which the recurring revenue element is expected to be over GBP0.2m.

1Spatial's platform, including its 1Integrate tools, will be deployed to conduct the data quality audit, data cleanse and enhancement to ensure the data is fit for migration to the new model, which will be implemented in the ArcGIS Utility Network.

The new ArcGIS Utility Network data model allows utilities to create true digital twins of their network and build real-world behaviours into the features they model. The project will allow NGN to unlock even greater value from its data. In turn this will improve NGN's operational efficiency, move further towards a preventative approach to asset management and provide greater insight into customer impacts. This project helps towards NGN's aim to continually improve the service delivered to 2.7 million homes and businesses across the North of England.

In line with 1Spatial's strategy, this project is a repeatable solution for utility providers across all territories.

Commenting on the collaboration, 1Spatial CEO, Claire Milverton, said: "We are delighted to expand our relationship with Northern Gas Networks and to collaborate with Esri UK to deliver the UK's first Utility Network Migration project utilising ArcGIS and 1Integrate. The project will enhance the quality and completeness of NGN's data, allowing the organisation to unlock the vast benefits of next generation technologies as they lead the way to deliver on their Digitalisation Strategy goals. The contract highlights the potential expansion opportunities in the utilities sector and exemplifies the breadth and depth of 1Spatial's capabilities as a leader in data management and migrations."

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as amended by The Market Abuse (Amendment) (EU Exit) Regulations 2019.

For further information, please contact:

 
 1Spatial plc                                      01223 420 414 
 Claire Milverton / Andrew Fabian 
 Liberum (Nomad and Broker)                        020 3100 2000 
 Neil Patel / Cameron Duncan / Ed Phillips 
  / Miquela Bezuidenhoudt 
 Alma PR                                           020 3405 0205 
 Caroline Forde / Justine James / Molly Gretton    [e-mail] 
 

About 1Spatial plc

1Spatial plc is a global leader in providing Location Master Data Management (LMDM) software and solutions, primarily to the Government, Utilities and Transport sectors. Our global clients include national mapping and land management agencies, utility companies, transportation organisations, government and defence departments.

Today - as location data from smartphones, the Internet of Things and great lakes of commercial Big Data increasingly drive commercial decision-making - our technology drives efficiency and provides organisations with confidence in the data they use.

We unlock the value of location data by bringing together our people, innovative solutions, industry knowledge and our extensive customer base. We are striving to make the world more sustainable, safer and smarter for the future. We believe the answers to achieving these goals are held in data. Our 1Spatial Location Master Data Management (LMDM) platform incorporating our 1Integrate rules engine delivers powerful data solutions and focused business applications on-premise, on-mobile and in the cloud. This ensures data is current, complete, and consistent through the use of automated processes and always based on the highest quality information available.

1Spatial plc is AIM-listed, headquartered in Cambridge, UK, with operations in the UK, Ireland, USA, France, Belgium, Tunisia and Australia.

For more information visit www.1spatial.com

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February 08, 2021 02:00 ET (07:00 GMT)