RCS - Smartspace Software - Launch of new SwipedOn platform

Smartspace SoftwareAnnouncement

05/09/2023 07:00

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RNS Number : 3435L  Smartspace Software PLC  05 September 2023

 

RNS REACH | 5 September 2023

 

SmartSpace Software Plc

("SmartSpace", the "Company" or the "Group")

 

 Launch of new SwipedOn platform

 

SmartSpace Software Plc, (AIM:SMRT) the leading provider of 'Integrated Space
Management Software' for smart buildings and commercial spaces,  announces
that its subsidiary, SwipedOn, has launched its expanded platform to allow
booking of desks, carparking spaces, EV charging points and equipment.

Referred to internally as 'Spaces' this release is the result of the largest
project undertaken by the SwipedOn development team. The new functionality
moves SwipedOn from a point solution with a focus on visitor management, into
a comprehensive workplace management platform. SwipedOn customers will now be
able to book an extensive range of business assets including desks, carparking
spaces, bike storage, lockers, EV charging points and other equipment. The
platform has been designed to be fully configurable, unlimited by any asset
type, therefore allowing customers to generate their own use cases. Users will
engage with the platform via a new app, launched as part of this release,
allowing them to make and manage bookings. In addition to the new booking
capability this release also includes completely new user interface for
SwipedOn. This was released to customers over the past weeks to a very
positive reaction.

The new functionality provides an excellent opportunity for revenue expansion
from the SwipedOn customer base of over 4,900 customers. The pricing model is
based on a 'per asset/per month', compared to a 'per location' for visitor,
providing the business with an opportunity to significantly expand its
customer ARPU. As result of this broadening of our engagement with customers
this development is expected to further increase the 'stickiness' of SwipedOn.

Commenting on the release, Frank Beechinor, Group CEO, said:

"This is a great milestone in the evolution of SwipedOn. The software
development team, under CTO, Matt Cooney, has worked non-stop over the past
year to bring the expanded platform to fruition.

The focus is now to monetise this extensive development effort. The SwipedOn
sales, marketing and support teams, are all preprepared to engage customers
with the new functionality. To that end it is pleasing to see that we have
already signed our first paying customers.

During the coming months, the development team will continue to evolve the
platform to add further functionality".

 

End

 

 

 

 

 

 

Enquiries

 SmartSpace Software Plc                                                                                 via Lisa Baderoon

 Frank Beechinor (CEO)                                                                                   - Head of Investor Relations

 Kris Shaw (CFO)

 Lisa Baderoon (Head of Investor Relations)

 LBaderoon@smartspaceplc.com (mailto:LBaderoon@smartspaceplc.com)                                        +44(0) 7721 413 496

 Canaccord Genuity (NOMAD &                                                                              +44 (0) 20 7523 8000
 Broker)

 Adam James

 Harry Rees

 

 

SmartSpace Software plc is a fast growing SaaS-based technology business,
designing and building smart software solutions. The Company's software
solutions help transform employee engagement with modules which include
visitor management, desk management, meeting room management and analytics.

 

The operating brands of the Group comprise:

 

·      SwipedOn - SaaS visitor management, desk booking
(www.SwipedOn.com (http://www.SwipedOn.com) )

·      Space Connect - SaaS meeting room and desk booking
(www.spaceconnect.co (http://www.spaceconnect.co) )

 

For more information go to: www.smartspaceplc.com
(http://www.smartspaceplc.com)

 

 

 

 

 

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