RCS - 1Spatial Plc - Contract win

1SpatialAnnouncement

11/07/2022 07:00

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RNS Number : 9158R  1Spatial Plc  11 July 2022

RNS Reach

11 July 2022

 

1Spatial plc

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

 

1Spatial secures five-year contract with University of Maryland CATT Labs

1Integrate selected to automate data conflation and quality for new customer

 

1Spatial, (AIM: SPA), a global leader in Location Master Data Management
(LMDM) software and solutions, today announces it has secured a new five-year
contract with The Center for Advanced Transportation Technology Laboratory
(CATT Lab) at the University of Maryland, the largest transportation big data
and data analytics centre in the world. 1Spatial's flagship rules engine,
1Integrate, has been selected to support the automation and conflation of
traffic data for the US Federal Highways Administration (FHWA), an existing
partner of CATT Lab. The contract has an initial value over the five years of
around $0.6m, which will be recognised over the five-year period, adding to
the Group's annual recurring revenue.

 

1Spatial's 1Integrate rules engine will be used to enhance the FHWA's National
Performance Management Research Data Set (NPMRDS), the only national
authoritative information on all public roads in the US, with the conflation
of the FHWA National Highway Performance data items onto a commercial dataset
base map. Conflation is the process of merging two or more sets of
data/information into one combined set. This combined data set will be
provided back to FHWA so it can analyse its performance measures and
management activities.

 

1Integrate will perform automated conflation including some pre and post
validation checks and automated clean-up when necessary to ensure a smooth and
timely conflation process.

 

1Spatial's technology will help to provide federal, state, and regional
agencies with a more expedient and accurate solution when assessing conditions
such as travel reliability, road conditions and congestion, to improve many of
the nation's key roadways.

 

Commenting on the contract win, Claire Milverton, CEO at 1Spatial, said:

 

"We are excited to be partnering with CATT Lab to support the improvement of
many of the US' key roadways. By using our 1Integrate software, which
automates the process of validating and combining data, the Federal Highways
Administration can be assured that its National Data Set will be accurate and
reliable. This win is a further demonstration of the breadth and quality of
our world-class offering and the progress we continue to make in the US. We
look forward to working with such world class performance management players."

 

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 / Miquela Bezuidenhoudt

 Alma PR                                              020 3405 0205
 Caroline Forde / Hannah Campbell                     1spatial@almapr.co.uk

 

 

About 1Spatial

 

1Spatial plc is a leading provider of Location Master Data Management (LMDM)
software, solutions and business applications, primarily to the Government,
Utilities and Transport sectors via the 1Spatial platform. Our solutions
ensure data governance, facilitating the efficient, effective and sustainable
operation of customers around the world. Our global clients include national
mapping and land management agencies, utility companies, transportation
organisations, government and defence departments.

 

Today, when using and sharing trusted data provides significant opportunities
for businesses and governments to deliver against important sustainability and
Net Zero goals, our vision is clear - to make the world safer, smarter and
more sustainable by unlocking the value in data, enabling better decisions and
greater insights.

 

The 1Spatial platform is a comprehensive set of data and system agnostic LMDM
software components which helps ensure master data is compliant, current,
complete, consistent, and coordinated - and that customers can be confident it
will remain that way as it evolves. It allows them to master their data on any
device, anywhere, anytime and can be deployed as SaaS in the cloud,
on-premise, or as a hybrid of both.

 

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

 

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