SpaceX IPO is the biggest IPO in stock market history. Join the conversation.Click here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picks1Spatial Holdings Regulatory News (SPA)

  • This share is currently suspended. It was suspended at a price of 72.80
  • There is currently no data for SPA

Contract Win

8 Feb 2021 07:00

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 £1m, of which the recurring revenue element is expected to be over £0.2m.

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

1spatial@almapr.co.uk

 

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

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
CNTFFFSIFVIDIIL
Date   Source Headline
11th Mar 202611:14 amRNSForm 8.5 (EPT/RI)
11th Mar 202610:54 amRNSForm 8.3 - 1Spatial PLC
11th Mar 20269:41 amBUSForm 8.3 - 1Spatial Plc
10th Mar 20263:10 pmRNSForm 8.3 1SPATIAL PLC
9th Mar 20263:09 pmRNSForm 8.3 - 1SPATIAL PLC
6th Mar 20262:11 pmRNSUpdate on LOIs
4th Mar 202611:54 amRNSRule 2.9 Announcement and Total Voting Rights
4th Mar 202611:03 amRNSForm 8.5 (EPT/RI)
4th Mar 20268:33 amBUSForm 8.3 - 1Spatial Plc
27th Feb 20264:40 pmRNSUpdate on LOIs
25th Feb 20269:07 amGNWForm 8.3 - 1Spatial Plc
20th Feb 20263:37 pmRNSForm 8.3 - SPA LN
18th Feb 202610:51 amRNSForm 8.3 - 1Spatial Plc
18th Feb 202610:03 amGNWForm 8.3 - 1Spatial Plc
17th Feb 20263:48 pmRNSUpdate on LOIs
17th Feb 20262:53 pmRNSForm 8.3 - 1Spatial PLC
17th Feb 20262:50 pmRNSForm 8.3 - 1SPATIAL PLC
17th Feb 20267:00 amRNSPublication of Scheme Document and Trading Update
16th Feb 20262:01 pmRNSUpdate on LOIs
16th Feb 20269:11 amRNSHolding(s) in Company
13th Feb 20263:06 pmRNSForm 8.3 - 1SPATIAL PLC
13th Feb 20262:08 pmGNWForm 8.3 - 1Spatial plc - Octopus Investments
13th Feb 202611:37 amRNSForm 8.3 - 1Spatial Plc
13th Feb 202610:38 amRNSForm 8.5 (EPT/NON-RI)
12th Feb 20265:00 pmRNSOffer Update
12th Feb 20264:20 pmRNSHolding(s) in Company
12th Feb 20263:57 pmRNSHolding(s) in Company
12th Feb 20263:17 pmRNSForm 8.3 - 1SPATIAL PLC
12th Feb 20263:10 pmRNSForm 8.3 - 1SPATIAL PLC
12th Feb 20263:03 pmGNWForm 8.3 - 1Spatial plc - Octopus Investments
12th Feb 202611:32 amRNSForm 8.3 - 1Spatial PLC
12th Feb 202610:55 amRNSForm 8.5 (EPT/RI)
10th Feb 20264:58 pmGNWForm 8.3 - 1Spatial Plc
10th Feb 202610:36 amRNSForm 8.3 - 1Spatial Plc
9th Feb 202610:58 amRNSForm 8.3 1Spatial Plc
5th Feb 202612:06 pmRNSForm 8.3 1Spatial Plc
4th Feb 202610:05 amGNWForm 8.3 - 1Spatial Plc
3rd Feb 202610:18 amRNSForm 8.5 (EPT/RI)
2nd Feb 202610:52 amRNSForm 8.3 1Spatial Plc
2nd Feb 202610:51 amRNSForm 8.5 (EPT/RI)
28th Jan 202610:46 amRNSForm 8.3 1Spatial Plc
27th Jan 20266:36 pmGNWForm 8.3 - 1Spatial Plc
27th Jan 20269:59 amRNSForm 8.5 (EPT/RI)
26th Jan 20264:03 pmRNSNotification of Major Holdings
26th Jan 20262:50 pmGNWForm 8.3 - 1Spatial plc - Octopus Investments
26th Jan 202610:34 amRNSNotification of Major Holdings
26th Jan 20269:48 amRNSForm 8.5 (EPT/RI)
23rd Jan 20263:22 pmRNSForm 8.3 - 1SPATIAL PLC
23rd Jan 20263:00 pmBUSForm 8.3
23rd Jan 202610:36 amRNSForm 8.5 (EPT/RI)

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.