1Spatial Plc US$2.6m Contract Win with the US State of Michigan (7407P)
June 12 2020 - 1:00AM
UK Regulatory
TIDMSPA
RNS Number : 7407P
1Spatial Plc
12 June 2020
12 June 2020
1Spatial plc
("1Spatial", the "Group" or the "Company")
US$2.6m Expansion Contract with the US State of Michigan
1Spatial, (AIM: SPA), a global leader in Location Master Data
Management (LMDM) software and solutions, is pleased to announce it
has signed a multi-year contract with the State of Michigan ("the
State") in the USA, with an initial total contract value of
approximately US$2.6m over five years. The contract builds upon a
relationship which began in 2018 and will see the State expand its
use of 1Integrate, 1Spatial's data management solution, and combine
it with 1Data Gateway, 1Spatial's newly launched portal, to provide
an easy to use, automated data submission process for the
validation and integration of spatial data from the local level up
to the State. The contract comprises approximately US$1.5m of
services, to be delivered in the first two years of the contract,
and US$1.1m of software licences, to be recognised over the five
years.
This initiative forms an extension of the Michigan Geographic
Framework, which created an official base map for State business
needs. Over the next five years 1Spatial will be assisting the
State with the move to the enterprise 1Integrate platform to
support its Spatial Data Infrastructure (SDI) and to extend it to
support such efforts as Next Generation 911 (NG911) for emergency
management support. Establishing this robust platform will enable
Michigan to provide all partners (both State and Local) with a
cohesive, integrated single-source of state-wide data. The ability
to automate the submission and cleansing of location data submitted
across the State by both State and Local entities will enable
government to have access to a more robust set of information to
utilise for more informed decision support.
Claire Milverton, CEO of 1Spatial , commented, "This is a
significant extension of our existing relationship with the State
of Michigan, which will see our 1Data Gateway portal in use across
hundreds of organisations, enabling the State to unlock further
value from their location data. We believe this model is applicable
across all the US States and we are excited to have secured this
landmark customer so quickly after the launch of the portal in
February this year. The contract adds to our revenue visibility and
underlines the size of the addressable market for our Location
Master Data Management offering."
For further information, please contact:
1Spatial plc 01223 420 414
Claire Milverton / Nicole Payne
N+1 Singer 020 7496 3000
Shaun Dobson / Tom Salvesen /
Alex Bond
Alma PR 020 3405 0205
Caroline Forde / Justine James 1spatial@almapr.co.uk
/ Harriet Jackson
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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END
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