1Spatial Plc 1Spatial London Pilot Win
08 October 2019 - 5:00PM
RNS Non-Regulatory
TIDMSPA
1Spatial Plc
08 October 2019
8 October 2019
1Spatial plc (AIM: SPA)
("1Spatial", the "Company", and together with its subsidiaries,
the "Group")
London Pilot Win
1Spatial, the global spatial software and solutions company is
pleased to announce it has been awarded the Greater London
Authority (GLA) London Underground, Asset Register (LUAR) pilot
contract following a competitive process. The GLA has been awarded
funding by the Geospatial Commission for a pilot to create a
digital map of the utilities and pipes underground, in order to
test the feasibility of creating a national register in the future.
This project is known nationally as The National Underground Asset
Register (NUAR).
1Spatial, in collaboration with the GLA, will deliver
transformed and platform ready asset register data, for the LUAR
pilot. In awarding the pilot, GLA took into account 1Spatial's
approach to data transformation, which is designed for agility,
flexibility, scale, complexity and managing uncertainty.
All relevant learnings from 1Spatial's work within the LUAR
pilot will be included in any future tenders for the benefit of
shared learnings to help build a digital map of underground pipes
and cables intended to help save lives and reduce the disruption
caused when they are struck by mistake. It is estimated that the
cost of accidental strikes on underground pipes and cables is
GBP1.2 billion a year to the UK's economy.
Claire Milverton, CEO of 1Spatial, commented:
"We are delighted to have been selected for this strategically
important and exciting pilot. We have an excellent track record of
collaborating with organisations across the UK and globally to
build, implement and support solutions that automate data flows,
data integration and data quality and we look forward to leveraging
these skills for GLA during the pilot."
- END -
For further information, please contact:
1Spatial plc 01223 420 414
Andrew Roberts / Claire Milverton / Nicole Payne
N+1 Singer 020 7496 3000
Shaun Dobson / Lauren Kettle (Corporate Finance)
Tom Salvesen / Mia Gardner (Corporate Broking)
FTI Consulting LLP 020 3727 1000
Dwight Burden / Alex Le May
LEI Code: 213800VG7OZYQES6PN67
About The Underground Mapping Project
A digital map of underground pipes and cables is to be created,
to help save lives and reduce the disruption caused when they are
struck by mistake. Read more here.
-- Underground Asset Register will show where electricity and
phone cables, and gas and water pipes are buried
-- The map is designed to prevent both accidents and disruption to the economy
-- The project will start with GBP3.9 million pilot projects
split between London and the North East
About 1Spatial
1Spatial is a technology-enabled solutions provider supplying
vertically-focused business applications to industry sectors where
the accuracy of location and geospatial data is key. It is a global
leader in managing geospatial data, with the goal to be a market
leader in Location Master Data Management through its cloud based
SaaS platform.
1Spatial provides its customers with business-focused
applications where there is a reliance on location or geospatial
data. It delivers real value by using its patented 1Integrate tool
to ensure that the underlying data is current, complete and
consistent through the use of automated processes. This ensures
that decisions are always based on the highest quality information
available.
Our global clients include national mapping and land management
agencies, utilities, transportation organisations, government
departments, emergency services, defence and census bureaus.
Today - as location data from smartphones, the Internet of
Things and great lakes of commercial Big Data increasingly drive
commercial decision-making - our technology is used by a wide range
of commercial and government organisations from utilities and
transport businesses, to facilities management companies.
1Spatial plc is AIM-listed, headquartered in Cambridge, UK, with
operations in the UK, Ireland, France, Belgium, Australia and
USA.
For more information visit www.1spatial.com
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END
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