Second major customer win for 1Streetworks
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21 October 2024
1Spatial plc
("1Spatial", the "Group" or the "Company")
Second major customer win for 1Streetworks
Surrey County Council targets significant cost and time savings through implementation of innovative SaaS solution
Further to the notification on 14 October 2024, 1Spatial, (AIM: SPA) a global leader in Location Master Data Management (LMDM) software and solutions, has now entered into a 12-month contract valued at £1m with Surrey County Council for its 1Streetworks SaaS solution ("Contract").
1Streetworks' cloud-based SaaS solution is the first in the market to fully automate the production of traffic management plans, diversion routing and asset inventory lists. It also enables the plans and their location to be shared with other users on the platform. The cloud-based system can also be effortlessly incorporated into existing operational processes with minimal disruption.
The County Council intends to use the platform as a centralised hub to manage the execution of street works on traffic sensitive roads, improving efficiency, speed and safety of street works carried out. Traffic-sensitive roads are high-volume or major public transport routes prone to significant delays during roadworks. Using the platform to plan and manage ongoing works will enable seamless collaboration between the County Council and other stakeholders including utilities and Tier 1 contractors.
The platform's use by multiple organisations should increase industry awareness amongst the 1Streetworks target market and highlight the substantial return on investment the solution delivers.
Commenting on the Contract award, 1Spatial CEO, Claire Milverton, said: "We are delighted to have secured this significant contract with Surrey County Council. This achievement reinforces the value of our proposition, marks a significant milestone in the growth of this critical business segment and provides further evidence of the successful execution of our strategy.
Adoption by a government body will significantly elevate the profile of 1Streetworks SaaS among our target customer base and highlight the associated benefits to industry participants. Combined with the recent strategic additions to our 1Streetworks team, 1Spatial is well placed to capitalise on the substantial £400m addressable market opportunity."
For further information, please contact:
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1Spatial plc |
01223 420 414 |
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Claire Milverton / Stuart Ritchie
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Panmure Liberum (Nomad and Broker) |
020 3100 2000 |
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Max Jones / Edward Mansfield / Anake Singh
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Cavendish Capital Markets Limited (Joint Broker) Jonny Franklin-Adams / Edward Whiley / Rory Sale (Corporate Finance) Sunila de Silva (Corporate Broking)
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020 7220 0500
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Alma Strategic Communications |
020 3405 0205 |
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Caroline Forde / Hannah Campbell / Kinvara Verdon |
1spatial@almastrategic.com |
About 1Spatial plc
1Spatial plc is a global leader in providing Location Master Data Management (LMDM) software, solutions and business applications, primarily to the Government, Utilities and Transport sectors via the 1Spatial platform and SaaS offerings. Our solutions ensure data governance, facilitating the efficient, effective and sustainable operation of customers around the world. 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. Our global clients include national mapping and land management agencies, utility companies, transportation organisations, government and defence departments.
We have two SaaS offerings for which we see considerable potential - NG9-1-1 and 1Streetworks. 1Streetworks automates the production of traffic management plans, diversion routing and asset inventory lists in the UK, producing a comprehensive, site-specific traffic management plan in just a few minutes. Our Public Safety NG-9-1-1 solution combines a powerful rules engine and data aggregator with a self-service cloud platform to support public safety entities with their data readiness needs.
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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