Share Name Share Symbol Market Type Share ISIN Share Description
1spatial Plc LSE:SPA London Ordinary Share GB00BFZ45C84 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 45.00 44.00 46.00 45.00 45.00 45.00 9,423 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 24.6 -1.4 -1.0 - 50

1Spatial Plc Google, Inc extends contract with 1Spatial

15/04/2021 7:00am

UK Regulatory (RNS & others)

1spatial (LSE:SPA)
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RNS Number : 5115V

1Spatial Plc

15 April 2021

15 April 2021

1Spatial plc

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

Google, Inc extends contract with 1Spatial

1Spatial ensures data integrity for Google's Real Estate and Workplace Services

1Spatial, a global leader in Location Master Data Management (LMDM) software and solutions, is delighted to announce that following an initial trial and implementation phase, Google Real Estate and Workplace Services, a division of Google, Inc has extended its contract for services to support the licencing of 1Spatial's rules engine, 1Integrate, and cloud portal, 1Data Gateway. The extension to the contract is worth US$500k in services to be delivered in the current financial year. This amount is in addition to the annual term licenses for the current deployments of US$185k per annum.

The Google Real Estate and Workplace Services division manages the extensive Google property estate, consisting of almost 900 buildings. 1Spatial's 1Integrate and 1Data Gateway will automate the submission and cleansing of AutoCAD data into Google's IBM TRIRIGA Asset Management Planning System, used in resource planning across this significant estate, both through the design and build stage and across the lifecycle of the facility. Relied on by multiple key facets of the Google organisation, such as the food delivery teams, health and performance teams, facilities management and logistics, it is vital that this data is accurate and reliable.

The tools replace previously manual data review and cleansing process, which was subject to human error, eroding the credibility of the system and the ability to plan accurately with reliable data. Through the implementation of 1Data Gateway and 1Integrate, engineers will be able to submit data through a web-based portal for validation checks to ensure the data conforms to the business needs required by the organisation. The data will then be submitted through the same portal for a final validation by 1Integrate followed by integration into the TRIRIGA system, thereby increasing efficiency and accuracy.

1Spatial's offerings are data agnostic and extensible. They were selected by Google due to their ability to validate AutoCAD as well as IBM TRIRIGA, and their ability to add new data stores, including Google Big Query, Google's enterprise data warehouse product. The new contract includes the implementation of 1Data Gateway and 1Integrate within Google's internal cloud, indoor routing validation, and a Data Lake Proof of Concept and the part-time secondment of a 1Spatial team member to Google.

Yvonne Reshetar, Real Estate Data Governance Program Manager, Google Inc, commented: "Our team are responsible for the design, build and maintenance of the amazing spaces for which Google is famous. Part of that role is to provide our wider teams with data to assist in elements such as catering, transport and health and wellbeing. By introducing system checks through 1Spatial we can have confidence in the quality of our data like never before. The 1Spatial team have been innovative in dealing with our requirements and we are delighted to be extending our engagement with them."

Claire Milverton, CEO of 1Spatial, added, " This extension of our engagement with Google highlights the value that world-leading businesses place on the quality of their data, especially as both businesses and its staff contemplate the future of the workplace, further spotlighting the integral role 1Spatial can play. Data governance and integration sits at the heart of our offering and we are delighted to be supporting Google's Real Estate and Workplace Services team in the incredible work they do."

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    1spatial@almapr.co.uk 

1Spatial plc's LEI Number is: 213800VG7OZYQES6PN67

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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April 15, 2021 02:00 ET (06:00 GMT)

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