RCS - 1Spatial Plc - New digital map expected to grow economy by £5bn

1SpatialAnnouncement

27/11/2023 07:00

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RNS Number : 6719U  1Spatial Plc  27 November 2023

RNS Reach

27 November 2023

 

1Spatial plc

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

 

New digital map of underground pipes and cables expected to grow economy by
£5 billion

 

Project live across England, Wales and Northern Ireland, ahead of full launch
in 2025

A new discovery project announced to assess economic viability of widening the
access to NUAR to other areas of the economy

1Spatial, (AIM: SPA), a global leader in Location Master Data Management
(LMDM) software and solutions, is delighted to note the UK Government's recent
announcement that the National Underground Asset Register (NUAR) is now
available across England, Wales and Northern Ireland, ahead of becoming fully
operational by 2025.

NUAR is a digital map of underground pipes and cables expected to provide £5
billion of economic growth to England, Wales and Northern Ireland through
increased efficiencies in construction and development, less accidental damage
to pipes and cables, and reduced disruption to the public and businesses (from
extended road closures and congestion), as well as improved workers' safety.

1Spatial is proud to have been an integral part of this successful project. By
leveraging its industry leading platform and expert team, data collected from
a wide variety of asset owners has now been seamlessly ingested and
transformed. This data is stored in the NUAR database which includes data from
all the major energy and water providers. Providers include Welsh Water,
Cadent Gas and UK Power Networks, several major telecommunications companies
including CityFibre and Virgin Media O2 as well as several smaller providers
and local Authorities.

NUAR is adopting the Open Geospatial Consortium Model for Underground Data
Definition and Integration (MUDDI) which will improve data standardisation,
interoperability, and quality.

Some of the positive impacts of NUAR could include:

·    Providing workers with immediate access to all the data they need,
when they need - reducing time taken from six days to 60 seconds.

·    Improving the efficiency and safety of street works, by providing
secure, instant access to comprehensive privately and publicly owned location
data about underground assets.

It has also been announced that a new discovery project is being launched to
explore the potential for increased economic growth that could be realised
through widening access to NUAR. This could include supporting the rollout of
electric vehicle charge points, flood risk planning, emergency response and
conveyancing.

1Spatial CEO, Claire Milverton, said:

"1Spatial is delighted to be part of the team that are delivering the National
Underground Asset Register (NUAR), which demonstrates our world leading
geospatial capabilities and our ability to deliver on complex projects at
scale. Our 1Spatial platform is responsible for transforming, validating, and
maintaining the data from all contributing asset owners, demonstrating our
world leading technology and skilled team.

We are excited about the project to explore widening access to NUAR, which
could enable further economic benefit to be realised from the asset. It could
also provide an upside opportunity for our 1Streetworks solution."

Alexandra Notay, Independent Commissioner, Geospatial Commission, said:

"It is fantastic to see the progress being made on delivering the core 'safe
dig' use case that NUAR is intended to meet, and I am very proud of the team
at the Geospatial Commission for delivering this collaborative project for and
with a wide range of industry stakeholders. The supportive statements from
users in the project update is a testament to the value that NUAR is already
bringing to those who manage our underground assets."

 

 

For further information, please contact:

 

 1Spatial plc                       01223 420 414
 Claire Milverton / Stuart Ritchie

 Liberum (Nomad and Broker)         020 3100 2000
 Max Jones / Edward Mansfield

 Alma Strategic Communications      020 3405 0205
 Caroline Forde / Hannah Campbell   1spatial@almastrategic.com

 

 

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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